BUSINESS + ECONOMY

Utah’s October job reports

Nov 18, 2022, 7:33 AM | Updated: 7:45 am

FILE - In this Monday, July 1, 2019, file photo, a "Now Hiring" sign appears on a bus stop in front...

FILE - In this Monday, July 1, 2019, file photo, a "Now Hiring" sign appears on a bus stop in front of a McDonald's restaurant in Miami. Starting Wednesday, Sept. 25, 2019, McDonald’s Corp. will let job seekers start an application by using voice commands on their smartphones with Amazon’s Alexa or Google’s Assistant. (AP Photo/Wilfredo Lee, File)

(AP Photo/Wilfredo Lee, File)

SALT LAKE CITY — The Utah Department of Workforce Services released the October jobs report on Friday morning. The unemployment rate for the state held steady at 2.1%.  Utah added 56,000 jobs in the past 12 months making the current job count .1,690,000.

Nationally, the unemployment rate increased by two-tenths and sits at 3.7%.

The Department of Workforce Services Deputy Director, Nate McDonald joined KSL’S Utah Morning News to discuss the report. 

McDonald noted that our Utah’s steady unemployment rate is a good sign. 

“Our job growth, we slowed just a little bit, we slowed down to about 3.1% but the fact that we’re still above 3% job growth  is still a very strong and positive sign that Utah’s economy is still moving forward.”

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Business + Economy

Federal reserve building...

Analysis by Krystal Hur, CNN

Stagflation fears just hit Wall Street. Now for the next crucial report on prices

The weakest pace of growth since the second quarter of 2022, when the economy contracted, and well below the Atlanta Fed’s estimate of a 2.7% gain.

8 hours ago

Gas prices in Utah are almost a whole dollar more on average compared to Colorado....

Allessandra Harris Gurr

Utah gas prices are about a dollar more than in Colorado. Why?

There's a big difference (almost a whole dollar) when it comes to gas prices in Utah versus our next door neighbors in Colorado.

9 hours ago

The seal of the Federal Communications Commission (FCC) is seen before an FCC meeting to vote on ne...

DAVID HAMILTON AP Technology Writer

Net neutrality restored as FCC votes to regulate internet providers

SAN FRANCISCO (AP) — The Federal Trade Commission on Thursday voted to restore “net neutrality” rules that prevent broadband internet providers such as Comcast and Verizon from favoring some sites and apps over others. The move effectively reinstates a net neutrality order the commission first issued in 2015 during the Obama administration. In 2017, under […]

9 hours ago

Passenger drop off their baggage at United Airlines in C Terminal at George Bush Intercontinental A...

DAVID KOENIG AP Airlines Writer

Airlines will now be required to give automatic cash refunds for canceled and delayed flights

The Biden administration issued final rules to require airlines to automatically issue cash refunds for things like delayed flights.

18 hours ago

Ahead of the NHL to Utah party on Wednesday, Utahns crowded the plaza of the Delta Center and waite...

Simone Seikaly, Eric Cabrera, Emma Keddington, Adam Small

Utahns showing up for the NHL in Utah

Ahead of the NHL to Utah party, Utahns crowded the plaza of the Delta Center and waited in long lines for the party to start.

2 days ago

ftc building shown, a new rule would bar noncompete agreements for most...

CHRISTOPHER RUGABER AP Economics Writer

New federal rule would bar ‘noncompete’ agreements for most employees

The Federal Trade Commission voted Tuesday 3-2 to ban measures known as noncompete agreements.

2 days ago

Sponsored Articles

a doctor putting her hand on the chest of her patient...

Intermountain Health

Intermountain nurse-midwives launch new gynecology access clinic

An access clinic launched by Intermountain nurse-midwives provides women with comprehensive gynecology care.

Young couple hugging while a realtor in a suit hands them keys in a new home...

Utah Association of Realtors

Buying a home this spring? Avoid these 5 costly pitfalls

By avoiding these pitfalls when buying a home this spring, you can ensure your investment will be long-lasting and secure.

a person dressed up as a nordic viking in a dragon boat resembling the bear lake monster...

Bear Lake Convention and Visitors Bureau

The Legend of the Bear Lake Monster

The Bear Lake monster has captivated people in the region for centuries, with tales that range from the believable to the bizarre.

...

Live Nation Concerts

All the artists coming to Utah First Credit Union Amphitheatre (formerly USANA Amp) this summer

Summer concerts are more than just entertainment; they’re a celebration of life, love, and connection.

Mother and cute toddler child in a little fancy wooden cottage, reading a book, drinking tea and en...

Visit Bear Lake

How to find the best winter lodging in Bear Lake, Utah

Winter lodging in Bear Lake can be more limited than in the summer, but with some careful planning you can easily book your next winter trip.

Happy family in winter clothing at the ski resort, winter time, watching at mountains in front of t...

Visit Bear Lake

Ski more for less: Affordable ski resorts near Bear Lake, Utah

Plan your perfect ski getaway in Bear Lake this winter, with pristine slopes, affordable tickets, and breathtaking scenery.

Utah’s October job reports