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UTAH’S UNEMPLOYMENT RATE LEVELS OFF AT 4.2 PERCENT

SHARE UTAH’S UNEMPLOYMENT RATE LEVELS OFF AT 4.2 PERCENT

Unemployment in Utah leveled off at 4.2 percent in September, and the state's non-farm employment exceeded the 700,000 plateau for the first time.

The monthly report of the Utah Department of Employment Security said the 703,300 non-farm jobs is 28,400 or 4.2 percent higher than the total a year ago and is consistent with the employment growth averaging 4.1 percent in the last 13 months. Non-farm employment has grown markedly since the 1986-87 recession, officials said.Regarding unemployment leveling off in August and September at 4.2 percent, the figure remains 1 percent below the national unemployment average. In September, there were 31,000 unemployed Utahns, 12 percent below the number of a year ago.

Service-producing industries continue to dominate Utah's job creation statistics. Of the 28,400 new jobs created in the last 12 months, 24,700 or 87 percent were in the service industry. The service industry also has the most jobs in Utah (173,000) and is the fastest growing (7.3 percent), the report said.

The trade industry, wholesale and retail, continues a rapid growth, employing 8,500 more people now than a year ago.

Nationally, unemployment rose a notch to 5.3 percent in September from 5.2 percent in August as a rise in joblessness among adult men more than offset a decline among women.