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Article: Workers in demand pushes Utah wages up.
- Article from:
- The Salt Lake Tribune (Salt Lake City, UT)
- Article date:
- February 14, 2007
CopyrightCOPYRIGHT 2007 The Salt Lake Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Bob Mims
Feb. 14--Although a nearly dry labor pool is stunting Utah's job growth, the dearth of workers is pushing up wages at the highest rate in more than a decade as employers try to sweeten the allure of their openings.
From January 2006 to last month, Utah's job growth rate was 4.5 percent. That was up a tick from December's revised 4.4 percent and down nearly a full point from a peak of 5.4 percent in June 2006. Only about 35,300 Utahns were without jobs in January, down sharply from 52,700 a year prior.
Nationally, unemployment rose to 4.6 percent from December's 4.5 percent. Year-over job growth nationally dipped from 1.6 ...