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Utah's unemployment rate grows for March

Utah's unemployment rate grows for March

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SALT LAKE CITY (AP) -- Utah's unemployment rate rose to 3.3 percent in March, the highest level in more than two years.

The Utah Department of Workforce Services reports the share of unemployed Utahns, however, remains significantly lower than the national average of 5.1 percent. About 46,200 Utahns were considered unemployed last month, up from 33,000 in March 2007.

The department's chief economist, Mark Knold, says 3.3 percent is still low and isn't a sign that the economy is stressed.

The state says pushing unemployment higher is a slowdown in the state's ability to create jobs. Utah's job growth in the year that ended in March slipped to 2.1 percent.


Information from: The Salt Lake Tribune

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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