Utah's job growth less than 1 percent

Utah's job growth less than 1 percent


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SALT LAKE CITY (AP) -- Utah's job growth continues to slow down as the construction industry struggles amid a nationwide housing crisis.

Employment grew .9 percent in June over the same period last year. In May, job growth was estimated at 1.3 percent.

Mark Knold, chief economist at the Utah Department of Workforce Services, says the housing industry is shedding jobs and that's having a ripple effect through the rest of the work force.

The state has added about 11,500 jobs in the past year. Utah's unemployment rate is 3.2 percent, up from 2.7 percent a year ago. Nationally, the unemployment rate is 5.5 percent.

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

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