Despite the Federal Reserve raising interest rates throughout most of last year as a method to slow the economy, job growth remains vibrant in both Utah and the U.S. while the unemployment rate remains low.
Despite the Federal Reserve raising interest rates throughout most of last year, job growth remains vibrant in both Utah and the U.S. while unemployment remains low.
Utah s economy and labor supply is performing strongly due to its growing population compared to the national average of decline, a state economist said. Utah s unemployment rate for October is 2.1%.