Monday, May 22, 2017

Utah's Seasonally Adjusted Unemployment Rates

Seasonally adjusted unemployment rates for all Utah counties have been posted online here.

Each month, these rates are posted the Monday following the Unemployment Rate Update for Utah.

For more information about seasonally adjusted rates, read a DWS analysis here.

Next update scheduled for June 19th.

Friday, May 19, 2017

Utah's Employment Situation for April 2017

Utah's Employment Situation for April 2017 has been released on the web.

Find the Current Economic Situation in its entirety here.

For charts and tables, including County Employment, go to the Employment and Unemployment page.

Next update scheduled for June 16th, 2017.

Friday, May 12, 2017

Tax Incentives for new Washington County jobs

The Governor's Office of Economic Development board approved almost $350,000 in post-performance tax-credit rebates to Litehouse, Inc., a food-manufacturing company based in Sandpoint, Idaho Litehouse plans on spending $40 million to expand a facility in Hurricane, creating 165 new jobs over the next eight years. Litehouse's expansion is expected to generate $1.7 million in corporate, sales and payroll taxes. Salt Lake Tribune

SUU breaks ground on new business building

Southern Utah University broke ground for its new 42,000-square-foot business Thursday. But the start of the construction for the long anticipated $16 million project wouldn’t have been possible without the help of the community. Obtaining the necessary funding required a unique partnership between SUU officials and both local and statewide legislators.

The new two-story open floor plan building will be constructed in the parking lot north of the Sharwan Smith Center on Center Street. It will feature 15 classrooms rooms, breakout/study rooms, advanced computer labs, advising suites, faculty offices and a flight simulator. Preliminary plans also include an entrepreneurship center where students and community members can “envision, design, create and launch” a new business. The Spectrum

Zion, Bryce combined to bring $445 million to southwest Utah

Tourism to southwest Utah’s national parks and monuments brought more than $1 billion to the local economy in 2016, according to report issued by the National Parks Service. A combined 7.6 million visitors spent an estimated $506 million while visiting Zion National Park, Bryce Canyon National Park, Cedar Breaks National Monument and Pipe Springs National Monument, supporting nearly 7,300 jobs across southwestern Utah, according to the annual peer-reviewed economic analysis. The Spectrum

Kanab Creekside subdivision gets third preliminary plat approval

The long dormant Creekside subdivision was given its third preliminary plat approval in the last 10 years with a three to one vote by the Kanab City Council. The major subdivision is located on 39.95 acres of vacant land between the Kanab Creek and Escalante Dr. and Willow and Vance Dr., just east of the Kanab Creek Ranchos subdivision.  The parcel is zoned R-1-8 and the long term plans call for stick-built housing on up to 77 lots. The developer’s plans call for phasing in the housing segments, starting with six lots along the existing paved road.  They are planning to build their first home this summer.  Outside contractors will also be allowed to build on the Dennett owned lots. Southern Utah News

My Place announces St. George expansion

My Place Hotels of America will continue its U.S. expansion with its third extended stay hotel in Utah, a four-story building to be located on the northwest corner of 1670 South and 270 East near Culver's in St. George, according to a company news release Tuesday. The 63-room hotel, which will feature a first-of-a-kind exterior design with a southwestern color palette, is scheduled to open by November. The Spectrum

Tuesday, May 9, 2017

Who Moved to Washington County?

The Characteristics of Washington County In-migrants

By Lecia Parks Langston, Senior Economist

“Human beings are the only animal that thinks they change who they are simply by moving to a different place.” Douglas Coupland

In the past several decades, strong population growth has seemed like a way of life in Washington County. As the county’s population has swelled, growth rates have declined. However, large numbers of people still migrate to the area to enjoy its natural beauty and lifestyle. Who are these in-migrants? Conventional wisdom would tell you in-migrants are mostly senior citizens. However, data from the U.S. Census Bureau’s American Community Survey tells a different story.

The following visualization includes demographic averages of Washington County in-migrants for the years 2011 through 2015 (the most recent data available). Click through the gray header boxes for the basic story. Then to dig deeper, use the tabs at the top of the visualization.

Thursday, April 27, 2017

Census Bureau Tool Provides Labor-Force Insight for Utah

By Mark Knold and Lecia Langston

Across the United States, jobs are quantified through each state’s unemployment insurance program. Those programs provide the potential for laid-off workers to receive unemployment benefits — the goal being to bridge the gap between workers’ lost jobs and their next jobs. An eligible recipient’s weekly benefit amount is based upon their earnings from recent work. This begs the question, how does Utah’s unemployment insurance program know how much an individual recently earned while working?

That answer is supplied by all businesses that hire workers, as they must report their employees and pay as mandated by the unemployment insurance laws. Companies identify their individual workers and those workers’ monetary earnings for a calendar quarter. As businesses are identified by their industrial activity and geographic location, it is through the unemployment insurance program that aggregate employment counts by industry and location are calculated.

Yet each state’s profiling of individuals is quite minimal in the unemployment insurance program. The U.S. Census Bureau can bring more light to the overall labor force by supplementing said information with gender, age, race/ethnicity and educational attainment (imputed from American Community Survey responses) for Utah’s labor force.

The Census Bureau packages this information through their Local Employment Dynamics program and makes available said data on its website. Here at the Department of Workforce Services, we recently downloaded and packaged Utah-specific data from said website and summarized it in the attached visualization.

Various data “tabs” are available, presenting Utah’s economy from different angles, ranging from industry shares within the economy to the age-group distributions of the labor force, to gender and race distributions. These labor variables can be viewed for the state as a whole, or by each individual county.