Utah's Job Growth is Double the National Average

Utah's Job Growth is Double the National Average

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SALT LAKE CITY (AP) -- Utah is adding jobs at more than double the national rate.

Utah added nearly 41,200 jobs in the year that ended Nov. 30 for a job-growth rate of 3.6 percent, compared to the national average of 1.5 percent, according to a report released Tuesday by the Utah Department of Workforce Services.

The jobs in Utah are being added in a variety of industries, including construction, education, health services, financial services and hospitality, said Mark Knold, Workforce Services senior economist.

"The fact that employment in all industries are growing is such good news. I don't see Utah becoming too dependent on any one industry."

Knold also said jobs are being added in all income ranges.

The state's unemployment rate in November was 4 percent, down from 4.5 percent in October and down from 5.1 percent in November 2004.

Meanwhile, the average cost of a gallon of unleaded gasoline in Utah on Tuesday was $2, the lowest average in the country according AAA Utah. The Utah prices were $2.37 a month ago and a record $2.91 on Sept. 10.

(Copyright 2005 by The Associated Press. All Rights Reserved.)

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