Utah unemployment rate remains unchanged

Utah unemployment rate remains unchanged


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SALT LAKE CITY (AP) -- Utah is adding jobs faster than it is losing them for the first time in several years, state economists said Monday.

Utah's unemployment rate remained steady at 7.2 percent in July amid signs the state is digging itself out of the recession.

Utah added 17,200 jobs over the past year, with the state work force expanding by 1.5 percent to 1.19 million jobs, according to the state Department of Workforce Services.

The recovery, however, is slow. And the unemployed are filing more than 2,000 jobless claims a week, double the historic average, said Mark Knold, chief economist of the Department of Workforce Services.

Those claims were as high as 5,000 a week at the start of 2009.

Signs of job growth are encouraging, although the survey data is subject to revision and could backslide, Knold said.

Utah is still playing catch-up. About 75,000 jobs have been removed from the state economy over the past three years, he said.

Three of Utah's economic sectors are still showing net job losses -- manufacturing, construction and government.

Knold said the construction sector could stabilize by year's end. Utah has lost a third of its construction jobs since July 2007, and it could take another 10 years before the state returns to the previous high mark in that industry, he said.

During the recession, Utah manufacturers scaled back employment by 4,100 positions to 20,000 -- the worst-hit industry in the state, Knold said.

Other employment sectors made modest gains over the past year. The department said nearly 98,000 people in Utah were considered unemployed in July.

Utah's July unemployment rate was well below the national figure of 9.5 percent.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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