There were 11,000 fewer new jobs statewide in June than in May, according to federal employment figures released last week.
- 6,000 fewer people were fired or laid off.
Details: The state’s rate of job openings in June was the lowest for more than a year.
- The rate of Utah employees who quit or lost their jobs in June — 3.8% — was also the lowest in more than a year.
- The rate of new hires also is significantly below where it was in February and March.
Zoom out: Just under 6% of positions in Utah were open in June — the fifth-lowest rate in the nation, and well below the national average of 6.6%. The bottom line: After a flurry of help-wanted notices and labor shortages early this year, the labor market has been cooling off for a few months now.
- If you want a new job, don’t wait too much longer to start looking.
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