Utah unemployment rate remains steady at 2.8% in August

FILE PHOTO

SALT LAKE CITY (AP) — Utah’s seasonally adjusted unemployment rate has held steady at 2.8% for three straight months.

The Department of Workforce Service’s monthly report released Friday also says nonfarm payroll employment for August grew by an estimated 3 percent, with 45,900 jobs added to the economy since August 2018.

Senior Economist Mark Knold says the state economy’s job growth remains as one of the nation’s best and that the growth is generally across the industrial spectrum.

According to the department, an exception is found in brick-and-more retail establishments because of the rise of e-commerce.

All 10 of the private sector major industry groups measured in the department’s survey of establishments posted net job increases in August.

The department says about 45,000 Utah residents were unemployment and actively seeking work during August.

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