Utah job growth, unemployment rates hold steady despite national trends

Utah added about 38,200 new jobs in the 12-month period between October 2022 and October 2023, a 2.2% year-over-year increase.

The unemployment rate, adjusted for seasonal variations, remained near historic lows at just 2.7%, but it was rising, having gone up a tenth of a percentage point from the previous month, according to figures reported by the Utah Department of Workforce Services.

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