Forbes says Utah among top job markets

This entry was posted on Tuesday, January 11th, 2011 at 3:17 pm and is filed under Utah Rankings. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Less than a week after the Chamber rolled out the Utah Jobs Agenda, a private sector plan to create 150,000 jobs over the next five years, it looks as though we have reason to be optimistic.

Forbes, which has already lauded the Beehive State for having the swiftest commute in the nation and, of course, as the “Best State for Business and Careers,” now says our job market is among the best in the country.

On a list released today, Utah ranked eighth among America’s best job markets. Forbes cites our 7.1 percent unemployment rate–breaking it down to 2.75 job applicants per open job–as a reason for the high ranking.

“The Salt Lake City metro area has a number of factors going for it,”  reports Moody’s Economy.com. “Its young labor force is well educated, it has relatively low business costs, its population is growing, and its a transportation hub. The region’s tech sector is expected to lead the recovery.”

You can read the entire article and see the slideshow of the nation’s best and worst job markets HERE.

One Response to “Forbes says Utah among top job markets”

  1. Celtic Bank says:

    It’s great to hear that the job market in Salt Lake City is thriving, especially considering it’s such a great place to start a business. Between the international airport, free trade zone, ski resorts, the university, and the beautiful environment, Salt Lake City a perfect location for entrepreneurs to launch small businesses.

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