Utah's Job Losses Keep Shooting Up

Summary


Job losses that have been "much steeper and more aggressive" than Utah economic experts had either anticipated or seen before are continuing, according to the July employment summary released Thursday.

And while the losses "could be slowing down as we speak," Mark Knold, Utah Department of Workforce Services economist, said, "it will probably not bottom out until the first half of next year."

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Extract


Utah's Job Losses Keep Shooting Up

The report released by the department and the U.S. Bureau of Labor Statistics showed that Utah's nonfarm wage and salaried job c...

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