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Utah's Job Market Outlook is Looking Good

Utah's Job Market Outlook is Looking Good

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SALT LAKE CITY (AP) -- Researcher Economy-dot-com has predicted Utah will be among the nation's top five states for job growth in 2005.

The Utah Department of Work force Services says Utah is adding jobs in construction and other sectors at a rate not seen since 1997.

The state's employers in March created more than 40-thousand new jobs compared with last year, for a job growth rate of three-point-seven percent.

Also, Utah's unemployment rate for March was four-point-eight percent, a rate that means just over 59-thousand residents were without jobs compared with more than 64-thousand a year ago.

The professional and business services sector is also rebounding. It has added more than six-thousand new jobs over the past year.

Leisure and hospitality accounted for 45-hundred new jobs and education and health services expanded by 44-hundred new jobs.

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

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