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The economy of Utah is a diversified economy covering industries such as tourism, mining, agriculture, manufacturing, information technology, finance, and petroleum production. The majority of Utah 's gross state product is produced along the Wasatch Front , containing the state capital Salt Lake City .
The number of Americans filing new applications for unemployment benefits increased more than expected last week, but remained at levels consistent with a healthy labor market. Initial claims for ...
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the labor market remained on solid ground in February.
The American labor market has cooled from the red hot hiring of 2021-2023. Employers added 180,000 jobs a month in 2024 through November, not bad but down from 251,000 in 2023, 377,000 in 2022 and ...
Part of Downtown Salt Lake 2005. The economy of Salt Lake City, Utah is primarily service-oriented. While nearby Bingham Canyon Mine (the world's largest open-pit mine) provided a strong source of income during the 19th century, the city has evolved to an economy built on transit hubs, call centers, and seasonal tourism.
CBO issued a report in February 2014 analyzing the causes for the slow labor market recovery following the 2007–2009 recession. CBO listed several major causes: "To a large degree, the slow recovery of the labor market reflects the slow growth in the demand for goods and services, and hence gross domestic product (GDP).
Labor market stability was underscored by government data on Tuesday showing an increase in job openings in November, with 1.13 vacancies for every unemployed person, up from 1.12 in October.
Because real-time labor market information is scraped from employer, industry organizations, recruiters and job boards and interpreted using natural language text interpretation, it is intrinsically subject to mis-identifications, missed information, and duplications.