ALL NEWS

Community advocates say slowing job growth made worse by high inflation

May 7, 2021, 8:05 PM | Updated: 8:08 pm
utah labor shortage...
FILE: Image of the Utah Department of Workforce Services building in Salt Lake City, pictured on Thursday, April 2, 2020. Photo credit: Steve Griffin, Deseret News

SALT LAKE CITY – Inflation made the slowing job growth worse according to community advocates. Economic analysts say they were surprised to see such a disappointing jobs report, with far fewer new jobs than were expected, nationwide.  Locally, Utah’s job picture still looks relatively steady, but advocates say inflation is becoming a bigger problem. 

According to ABC News, analysts expected to see roughly a million new jobs being added across the country in the month of April.  So, it was extremely disappointing to see only 266 thousand were actually added.  Economists in Utah say the slowdown in job growth might be partly due to employers having a hard time finding enough people to fill their jobs. 

Currently, Utah’s unemployment rate is very low compared to the rest of the country.  Department of Workforce Services Spokesman Jared Mendenhall says we’re sitting at 2.9% unemployment, and far fewer people are making unemployment insurance claims.  Last year, over 100 thousand people filed for unemployment.

“The numbers today are under 30 thousand,” he says.

Mendenhall says Utah was in a good economic situation before the pandemic, which led to the state being in a good position during the pandemic’s last months. 

“In the month of March, we actually saw job growth in Utah.  We were one of the few states that had more jobs, year over year,” he says.

However, Mendenhall says that doesn’t mean the economy hasn’t been “battered and bruised” by COVID-19.  He acknowledges many people need help with the rising cost of housing across the state.  He encourages people going through housing insecurity to apply for rent relief through the state’s website.

These rising rent prices are reportedly causing more people to visit food banks and pantries along the Wasatch Front.  Crossroads Urban Center Executive Director Glen Bailey says rent isn’t the only problem their clients are facing.

Bailey says, “What we have seen is a pretty steady increase in people who are having a hard time paying their utilities, which is another part of housing costs.”

The center still gets money and food from its donors, however, they sometimes have to purchase food to keep up with the demand.  Bailey says that’s becoming harder to do since the cost of groceries is also on the rise.

“When we have to buy food, our dollars won’t go as far,” he says.

Bailey believes additional stimulus payments, enhanced SNAP benefits for food stamps and tax credits for dependents will be helpful for people in need.  However, he says people will still be under intense pressure when those funds run out since the rent will still be too high.

 

Other Reading:

US jobless claims plunge to 576,000, lowest since pandemic

US jobless claims fall to 547,000, another pandemic low

What is Dogecoin? How a joke became hotter than bitcoin

Today’s Top Stories

All News

At least 127 people are dead and hundreds more injured, police say, after chaos and violence erup...
Heather Chen, Raja Razek and Kareem El Damanhoury, CNN

Indonesia stadium riot: At least 127 people reported dead following soccer match, police say

At least 127 people are dead and hundreds more injured, police say, after chaos and violence erupted late on Saturday following an Indonesian league soccer match between two of the nation's biggest teams.
24 hours ago
The National Archives has told the House Oversight Committee that certain presidential records from...
Whitney Wild and Katelyn Polantz, CNN

National Archives says it still doesn’t have all Trump White House records

The National Archives has told the House Oversight Committee that certain presidential records from the Trump administration remain outstanding, citing information that some White House staff used non-official electronic systems to conduct official business.
24 hours ago
Sister Tracy Y. Browning, second counselor in the Primary general presidency, speaks during the Sat...
Waverly Golden

Saturday morning conference session makes history

During the Saturday morning session of the 192nd Semiannual General Conference of The Church of Jesus Christ of Latter-day Saints, Sister Tracy Y. Browning became the first Black woman to ever speak at a general conference.
24 hours ago
u of u student arrested...
Waverly Golden

Other paths to consider when thinking about attending college

Following the student loan forgiveness announcement, college is on everyone's mind. Dave Noriega takes an in-depth look at the alternatives.
24 hours ago
Around 1:02 p.m. this afternoon, a pickup truck with two occupants ended up in a ditch filled with ...
Waverly Golden

Pickup truck crash leaves two dead

The Utah Department of Public Safety says the occupants, a male driver and passenger sustained fatal injuries. 
24 hours ago
Firefighter Fred Woods assesses damages at Tragedy Springs (Jonathan Pierce Calfire)...
Dan Bammes

The sad history of Tragedy Spring

The Mormon Battalion historic site, high in the Sierras is in sad shape after windstorms and wildfires.
24 hours ago

Sponsored Articles

Young woman receiving laser treatment...
Form Derm Spa

How facial plastic surgery and skincare are joining forces

Facial plastic surgery is not only about looking good but about feeling good too. The medical team at Form Spa are trained to help you reach your aesthetic outcomes through surgery and through skincare and dermatology, too.
large group of friends tohether in a park having fun...
BYU MBA at the Marriott School of Business

What differentiates BYU’s MBA program from other MBA programs

Commitment to service is at the heart of BYU’s MBA program, which makes it stand out among other MBA programs across the country.
a worker with a drill in an orange helmet installs a door in the house...
Price's Guaranteed Doors

Home improvement tip: Increase the value of your home by weatherproofing doors

Make sure your home is comfortable before the winter! Seasonal maintenance keeps your home up to date. Read our tips on weatherproofing doors.
Curb Appeal...
Price's Guaranteed Doors

How to have the best of both worlds for your house | Home security and curb appeal

Protect your home and improve its curb appeal with the latest security solutions like beautiful garage doors and increased security systems.
A paper reading IRS, internal revenue service is pictured...
Jordan Wilcox

The best strategies for dealing with IRS tax harassment | You have options!

Learn how to deal with IRS tax harassment. This guide will teach you how to stop IRS phone calls and letters, and how to handle an IRS audit.
spend a day at Bear Lake...
Bear Lake Convention and Visitors Bureau

You’ll love spending the day at Bear Lake | How to spend a day at Bear Lake

Bear Lake is a place that needs to be experienced. Spend a day at Bear Lake.
Community advocates say slowing job growth made worse by high inflation