SALT LAKE CITY — Utah continued to see steady job growth as the state's unemployment rate dipped to a five-year low the past month.
April’s rate dropped three tenths of a percentage point from March to 3.8 percent, the Utah Department of Workforce Services reported Friday. About 55,200 Utahns were unemployed in the month and actively seeking work, according to the report. The unemployment rate is at its lowest since hitting 3.4 percent in November 2008. "This is good news for us not only today but is extremely good news for us going forward," Gov. Gary Herbert said. "I expect our best days are ahead of us."
The state's nonfarm payroll employment for April grew by an estimated 2.9 percent, adding 36,800 jobs to the economy as compared to April 2013, the report says. Currently, 1,323,400 Utahns are working.
Although, some feel that the jobs being produced are not equal to the jobs that were lost.