Wednesday, September 30, 2009

Utah’s nonfarm wage and salaried job count for August 2009, as generated by the United States Bureau of Labor Statistics (BLS), contracted by 4.4 percent. Approximately 55,400 jobs have been removed from the Utah economy over the past year, lowering total wage and salary employment to 1,196,700. Utah’s other primary indicator of current labor market conditions also generated by BLS, the seasonally adjusted unemployment rate, remained at 6.0 percent in August. Last August, the state’s rate was 3.4 percent, a 2.6 percentage-point increase over the past 12 months. Approximately 82,500 Utahns were considered unemployed in August 2009, compared against 47,600 last August, an increase of 35,200 unemployed workers. The United States unemployment rate climbed three-tenths to 9.7 percent for August.