Tuesday's Metro Business Report

Posted - Jul. 22, 2003 at 7:19 a.m.



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THIS IS LANE BEATTIE, PRESIDENT OF THE SALT LAKE CHAMBER, WITH YOUR METRO BUSINESS REPORT

According to Carl Camden, President of Kelly Services, “The monthly jobs report has been moving steadily toward positive territory in recent months, bringing hope that the latter half of this year will post solid job creation.” He also says, in talking about employment, that “There is work for people in credentialed professions including health care, education, and finance, particularly mortgage professionals. Demand for IT and engineering professionals is gaining strength. We are seeing some pick-up in demand for retail back-office positions like customer contact and distribution workers, two areas that are integral to new activity.”

Here is a Downtown Salt Lake City Quiz: In 1990, 49,000 people worked in Main Street office buildings. Has that number gone up or down? Answer: It has gone up—by almost 23 percent. Over 60,000 people now work in Main Street office buildings.

If you would like to have a weekly analysis of how the economy is doing, go to the Chamber’s website to read Jeff Thredgold’s commentary. Jeff’s Tea Leaf updates will give you inside information and expert analysis to help you plan for the future. Jeff is the President of Thredgold Economic Associates and is an economic consultant for Zions Bancorporation. His insightful Tea Leaf report is on the web at saltlakechamber.org.

THIS IS LANE BEATTIE FOR KSL NEWSRADIO 1160.

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