The annual year-end adjustment to population estimates also brought an adjustment to Utah’s unemployment rate, bumping it up one-tenth of a percentage point to 2.4 percent. Although slightly above December’s lowest-ever rate of 2.3 percent, the January number is more than a full percentage point below the nation’s unemployment rate of 3.5 percent.

The seasonally adjusted rate for January meant that approximately 40,000 Utahns were unemployed and actively seeking a job.

The rest of this article is only available to our online subscribers. Please log in, or click here to subscribe.

Pin It