Cache Valley may be able to absorb ICON layoffs with little impact

Kirk Jensen says his thoughts go out to all the people impacted by the decision of ICON Health and Fitness to eliminate approximately 400 jobs at the Logan plant now that its home fitness manufacturing operations will be moving offshore.

Jensen, who is Logan City’s Economic Development Director, says the decision was undoubtedly driven by the marketplace and competition.

Jensen says he does not feel the loss of jobs at ICON will impact Logan City in a major way. He says right now the unemployment rate is very low hovering between 2.8 percent and 3 percent.

“It is sometimes a challenge whenever you’ve got low unemployment for our other companies to hire the people they need,” Jensen says. “Perhaps, in this situation, this may create a better hiring opportunity for those other companies when you have 400 additional people out in the workforce.

“Now part of that will depend on the skills they are looking for and the skills of the displaced workers.”

Jensen says Logan is a great place to live and he believes that people realize it is a great place to start a business or to expand an existing business.

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