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Employment News

Employment News for August 21, 2014

  • State topped Herbert’s goal with 112,000 new jobs

    The Salt Lake Tribune » Wed, 20 Aug 2014 07:01:47 MDT

    State topped Herbert’s goal with 112,000 new jobs By Mike Gorrell The Salt Lake Tribune Updated Aug 20, 2014 07:01AM MDT Gov. Gary Herbert used a couple of Paralympic-caliber archers Tuesday to emphasize that his job-creation goals were right on target. The governor recounted Tuesday how there were “a lot of naysayers” when he issued a challenge to the private sector in January 2012 to create 100,000 jobs in 1,000 days. The private sector’s response was revealed when Michael Lukow and Steve Bosson, Iraq War veterans who are part of USA Archery’s elite Para team, popped balloons with arrows at about 30 paces. A boa... Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Utah’s job growth in July was strongest of 2014

    The Salt Lake Tribune » Fri, 15 Aug 2014 21:48:10 MDT

    Utah’s job growth in July was strongest of 2014 The Salt Lake Tribune Updated Aug 15, 2014 09:48PM MDT The state’s economy supported almost 46,000 more jobs in July than it did a year earlier, one of the more robust monthly gains since the recession. But with growing confidence in the economy enticing more people to look for work again, Utah’s unemployment ticked up a bit to 3.7 percent, still well below the national average of 6.2 percent. “July’s 3.6 percent growth is the highest thus far in 2014, both in terms of rate and numerical change compared to 2013,” Carrie Mayne, the state Department o... Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Washington Post: How many jobs is the Export-Import Bank responsible for?

    The Salt Lake Tribune » Fri, 15 Aug 2014 17:06:02 MDT

    Washington Post: How many jobs is the Export-Import Bank responsible for? Updated Aug 15, 2014 05:06PM MDT The Export-Import Bank is fighting for its life on Capitol Hill. To both advocates and opponents, one key bone of contention is jobs — specifically, how many does Ex-Im add, subtract or multiply? The pro-Ex-Im forces tout the figure of 205,000 jobs “supported” in fiscal 2013 by the agency’s loan guarantees and other financing for U.S. sales abroad. Prior to a recent hearing before the House Financial Services Committee, a pro-bank group gave to each member of the panel a card on which was printe... Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • U.S. jobless aid applications rise to 311,000

    The Salt Lake Tribune » Thu, 14 Aug 2014 09:26:02 MDT

    U.S. jobless aid applications rise to 311,000 By JOSH BOAK The Associated Press Updated Aug 14, 2014 09:26AM MDT Washington • More people applied for U.S. unemployment benefits last week, although jobless claims continue to be close to pre-recession levels. Weekly applications for unemployment aid climbed 21,000 to a seasonally adjusted 311,000, the Labor Department said Thursday. The prior week’s was revised up slightly to 290,000. The four-week average, a less volatile measure, rose 2,000 to 295,750. That continues to be close to averages that predate the beginning of the Great Recession in late 2007. Ap... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Revenue report due as Atlantic City casinos close

    The Salt Lake Tribune » Wed, 13 Aug 2014 13:54:54 MDT

    Revenue report due as Atlantic City casinos close By WAYNE PARRY The Associated Press Updated Aug 13, 2014 01:54PM MDT Atlantic City, N.J. • When the pressure of an oversaturated market became unbearable this year, some of Atlantic City’s oldest casinos either closed their doors or announced plans to do so. Now, Revel Casino Hotel, the city’s newest casino — and one of its most opulent — is joining them in the casino graveyard. Amid this dire scenario, New Jersey regulators released a report Wednesday that said Atlantic City’s casinos took in 11 percent less from gamblers in July than they did a year ago. Figure... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Apple’s tech jobs held mostly by white, Asian men

    The Salt Lake Tribune » Tue, 12 Aug 2014 17:38:02 MDT

    Apple’s tech jobs held mostly by white, Asian men The Associated Press Updated Aug 12, 2014 05:38PM MDT San Francisco • Apple primarily relies on white and Asian men for its top-paying technology jobs, feeding the perception that Silicon Valley’s economic boom is largely excluding women, blacks and Hispanics. A breakdown released Tuesday by Apple Inc. showed 54 percent of the company’s technology jobs in the U.S. are filled by whites and another 23 percent by Asians. Men make up 80 percent of Apple’s technology workforce throughout the world. The iPhone and iPad maker didn’t provide racial statist... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • U.S. job openings in June hit 13-year-plus high

    The Salt Lake Tribune » Tue, 12 Aug 2014 14:22:23 MDT

    U.S. job openings in June hit 13-year-plus high By JOSH BOAK The Associated Press Updated Aug 12, 2014 02:22PM MDT Washington • U.S. employers in June advertised the most monthly job openings in more than 13 years. Employers posted 4.67 million jobs in June, up 2.1 percent from May’s total of 4.58 million, the Labor Department reported Tuesday. The number of advertised openings was the highest since February 2001, a positive sign that points to a strengthening economy. The report “provides further confirmation that the U.S. labor market has indeed shifted to a period of stronger growth,” said Jeremy Schwartz... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Pew study: Split views on robots’ employment benefits

    The Salt Lake Tribune » Thu, 07 Aug 2014 15:56:01 MDT

    Pew study: Split views on robots’ employment benefits By CONNOR RADNOVICH The Associated Press Updated Aug 7, 2014 03:56PM MDT Washington • In 2025, self-driving cars could be the norm, people could have more leisure time and goods could become cheaper. Or, there could be chronic unemployment and an even wider income gap, human interaction could become a luxury and the wealthy could live in walled cities with robots serving as labor. Or, very little could change. A new survey released this week by the Pew Research Center’s Internet Project and Elon University’s Imagining the Internet Center found that, when asked about... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • U.S. jobless aid applications fell to 289,000

    The Salt Lake Tribune » Thu, 07 Aug 2014 10:23:02 MDT

    U.S. jobless aid applications fell to 289,000 By JOSH BOAK The Associated Press Updated Aug 7, 2014 10:23AM MDT Washington • Fewer people sought U.S. unemployment benefits last week, as jobless claims remain at relatively low levels that point toward stronger economic growth. Weekly applications for unemployment aid fell 14,000 to a seasonally adjusted 289,000, the Labor Department said Thursday. The prior week’s was revised up slightly to 303,000. The four-week average, a less volatile measure, fell 4,000 to 293,500. That’s the lowest average since February 2006, almost two years before the Great Recessi... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Yelp CEO reviews his own business after 10 years

    The Salt Lake Tribune » Wed, 06 Aug 2014 11:20:56 MDT

    Yelp CEO reviews his own business after 10 years By MICHAEL LIEDTKE AP Technology Writer Updated Aug 6, 2014 11:20AM MDT SAN FRANCISCO • After Yelp posted the first quarterly profit in its history last week, the online business review site got panned on Wall Street. The company’s stock plummeted 11 percent the day after the results came out, wiping out its gains for the year. CEO Jeremy Stoppelman didn’t seem disturbed as he sat down to discuss Yelp’s evolution in the 10 years since he began working on a way for people to share recommendations about local merchants with Russ Simmons, a fellow engineer he met while... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Hiring up, but Yellen ‘dashboard’ signals caution

    The Salt Lake Tribune » Sat, 02 Aug 2014 10:52:01 MDT

    Hiring up, but Yellen ‘dashboard’ signals caution By CHRISTOPHER S. RUGABER The Associated Press Updated Aug 2, 2014 10:52AM MDT Washington • With employers ramping up hiring and the unemployment rate sinking in the past year, pressure is rising on Janet Yellen’s Federal Reserve: Is the time near to raise interest rates to prevent a strengthening economy from igniting inflation? The easy answer might be yes. Employers, after all, have added an average 244,000 jobs a month since February — the best six-month hiring spree in eight years. And at 6.2 percent, the unemployment rate is just above the 6.1 percent average for the... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Women in the Economy Commission opening for business

    The Salt Lake Tribune » Sat, 02 Aug 2014 19:45:22 MDT

    Women in the Economy Commission opening for business By Christopher Smart The Salt Lake Tribune Updated Aug 2, 2014 07:45PM MDT The Women in the Economy Commission will hold its first meeting Monday to consider the challenges — such as low wages — faced by women in the Utah workforce. Earlier this year, the state Legislature created the 11-member panel to increase public awareness of women’s impact on the state’s economy. The legislation, HB90, also charged the commission with coordinating public agencies and private groups that provide services to women, as well as conducting research on issues related to women in the... Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • U.S. employers add 209,000 jobs, rate rises to 6.2 pct.

    The Salt Lake Tribune » Fri, 01 Aug 2014 10:56:54 MDT

    U.S. employers add 209,000 jobs, rate rises to 6.2 pct. By CHRISTOPHER S. RUGABER The Associated Press Updated Aug 1, 2014 10:56AM MDT Washington • U.S. employers extended their solid hiring into July by adding 209,000 jobs. It was the sixth straight month of job growth above 200,000, evidence that businesses are gradually shedding the caution that had marked the 5-year-old recovery. July’s gain was less than in the previous three months, though, and probably wasn’t strong enough to intensify fears that the Federal Reserve will soon raise interest rates to curb inflation. But the Labor Department’s monthly jobs report Friday po... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Utah women twice as likely as men to get low wages

    The Salt Lake Tribune » Thu, 31 Jul 2014 11:54:10 MDT

    Utah women twice as likely as men to get low wages By Lee Davidson The Salt Lake Tribune Updated Jul 31, 2014 11:54AM MDT Utah women are more than twice as likely as men to work at low-wage jobs paying less than $10.10 per hour — even when they have superior educations, according to a study released Wednesday by the National Women’s Law Center. It says 17.2 percent of Utah women work at low-wage jobs, compared to 7.4 percent of men. That means women are 2.3 times more likely to be in such jobs, slightly higher than the national average (2.1). The study adds that women make up 44.4 percent of Utah’s workforce, but h... Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • U.S. jobless aid applications rise to 302,000

    The Salt Lake Tribune » Thu, 31 Jul 2014 09:59:02 MDT

    U.S. jobless aid applications rise to 302,000 By JOSH BOAK The Associated Press Updated Jul 31, 2014 09:59AM MDT Washington • More people sought U.S. unemployment benefits last week, but jobless claims remain at pre-recession levels. Weekly applications for unemployment aid rose 23,000 to a seasonally adjusted 302,000, the Labor Department said Thursday. The prior week’s claims were revised down to 279,000, the lowest since May 2000. The four-week average, a less volatile measure, fell 3,500 to 297,250. That’s the lowest average since April 2006, more than a year before the Great Recession began at the end... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • As U.S. job market strengthens, many don’t feel it

    The Salt Lake Tribune » Thu, 31 Jul 2014 10:06:27 MDT

    As U.S. job market strengthens, many don’t feel it By JOSH BOAK and CHRISTOPHER S. RUGABER The Associated Press Updated Jul 31, 2014 10:06AM MDT Washington • The U.S. unemployment rate has plunged since the start of last year to a five-year low of 6.1 percent. And the July jobs report being released Friday will likely show a sixth straight month of healthy 200,000-plus gains. Yet for Douglas Hunter and millions like him, happy days aren’t quite here again. Hunter earned $14 an hour cleaning oil drums before the Great Recession seized the economy and his job was axed. At 53, Hunter now works three days a week for $9.25 an hour, mopping fl... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Survey: U.S. companies added 218,000 jobs in July

    The Salt Lake Tribune » Wed, 30 Jul 2014 09:13:01 MDT

    Survey: U.S. companies added 218,000 jobs in July By CHRISTOPHER S. RUGABER The Associated Press Updated Jul 30, 2014 09:13AM MDT Washington • A private survey shows businesses hired at a healthy pace in July, though the job gains slowed from the previous month. Private employers added 218,000 jobs, down from 281,000 in June, payroll provider ADP said Wednesday. It was the fourth straight month of job gains above 200,000, a healthy pace that usually is enough to lower the unemployment rate. The figures suggest that the government’s jobs report, to be released Friday, will also show a solid increase. But the ADP numbers cov... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Across U.S. job market, layoffs are becoming rare

    The Salt Lake Tribune » Thu, 24 Jul 2014 19:08:19 MDT

    Across U.S. job market, layoffs are becoming rare The Associated Press Updated Jul 24, 2014 07:08PM MDT Washington • The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. Which is why applications for unemployment benefits have dwindled to their lowest level since February 2006 — nearly two years before the Great Recession began — the government said Thursday. The trend means greater job security and suggests a critical turning point in the economic recovery. It rais... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • Across U.S. job market, layoffs are becoming rare

    The Salt Lake Tribune » Thu, 24 Jul 2014 13:42:02 MDT

    Across U.S. job market, layoffs are becoming rare The Associated Press Updated Jul 24, 2014 01:42PM MDT Washington • The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers. Which is why applications for unemployment benefits have dwindled to their lowest level since February 2006 — nearly two years before the Great Recession began — the government said Thursday. The trend means greater job security and suggests a critical turning point in the economic recovery. It raise... Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
  • U.S. unemployment aid applications drop to 284,000

    The Salt Lake Tribune » Thu, 24 Jul 2014 13:37:02 MDT

    U.S. unemployment aid applications drop to 284,000 the Associated Press Updated Jul 24, 2014 01:37PM MDT Washington • The number of people seeking U.S. unemployment benefits fell last week to its lowest level in more than eight years. Weekly applications for unemployment aid dropped 19,000 to a seasonally adjusted 284,000, the Labor Department said Thursday. That’s the lowest reading since February 2006, nearly two years before the Great Recession began. The four-week average, a less volatile measure, declined 7,250 to 302,000. Claims for jobless aid have been falling for the past three months. Rec... Copyright 2013 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. ... Read More
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