July 23, 2012

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah


Martin Plaehn

Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

In the Lab

Rent to Own

Business Trends
Back from the Dead

Living Well
Artful Inspiration

A Breath of Fresh Air

Worst-Case Scenario

Regional Report
Northern Utah

Measure Up

Industry Outlook
Travel & Tourism



Governor Responds to New State Employment Numbers

Press Release

July 23, 2012

The Utah economy continues to expand according to new employment figures released today by the Department of Workforce Services.

Utah’s job count expanded by 2.6 percent in June 2012, up from May’s 2.4 percent growth rate.

“This is a small number with a big impact,” Gov. Gary R. Herbert said. “Utah’s economy is growing twice as fast as the national economy, proving yet again that when government gets out of the way and simply facilitates economic growth, the private sector thrives.”

Utah’s unemployment rate remains steady at 6 percent, below the national average of 8.2 percent.

Utah’s fastest growing sector is natural resources, with employment gains over-the-year of 8.5 percent. Most of that growth originates in the Uintah Basin in the form of oil and gas extraction.

The Bureau of Land Management recently approved 3,700 new well permits for Andarko, and 1,300 new well permits for Gasco.

These new wells will lead to significant jobs and economic growth in the Uintah basin. The Western Energy Alliance estimates 1,200 new jobs will be created from the Gasco project and 4,200 jobs from the Andarko project.

New businesses also continue to emerge in Utah. For example, BloXR is a brand new Utah start-up that produces innovative x-ray protection equipment for clinicians, providing protection from harmful x-rays without limiting movement.

“From large energy-producing companies to small innovators in the medical field, this is the kind of steady economic expansion and entrepreneurialism Utah is known for,” Herbert said.

Utah Business Social
UB Events View All
Utah Employers Healthcare Summit and Healthcare Heroes Utah Business Event
Oct 6, 2015
The Utah Employers Healthcare Summit is a gathering of all of the major employers, healthcare pro...
Twenty in Their 20sUtah Business Event
Nov 5, 2015
Meet the young and ambitious professionals who are taking the business world by storm! The honore...
Sustainable Business Awards Utah Business Event
Nov 19, 2015
Utah Business magazine is pleased to announce the Utah Sustainable Business Awards. This program ...
Community Events View All
9th Annual CHINA Town Hall: Chinese Investment in the United States
Oct 5, 2015
CHINA Town Hall is a national day of programming on China involving 70 cities throughout the Unit...
Oct 6, 2015
Link to tickets: https://www.eventbrite.com/e/secrets-to-financing-your-business-tickets-18611033...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
* Event Description: