While Sevier County seems to have shaken off the job losses of 2013, recently-released nonfarm jobs numbers show a rather tepid third-quarter 2014 performance. The county did average a year-over gain of more the 130 jobs for the quarter, although September showed the weakest increase. Moreover, pockets of industry-level job loss remain. The current level of employment creation still managed to shrink the county’s jobless level to a level not seen since before the recession. Only a decline in gross taxable sales pitches a slight shadow on this recovering economy.
Recently-released employment data shows that Sanpete County has dug
itself out of the job-loss pit of late 2013 to early 2014. While the
monthly figures were not consistently strong, they do offer a welcome
improvement from prior quarters. Moreover, most industries contributed
to the job creation. Concurrently, the county’s jobless rate continued
on the downward track reaching the level generally considered “full
employment.” Sales followed the same basic pattern as job growth with a
healthy third-quarter gain—just one more indicator of an improving
Playing on its economic theme of recent years, Millard County continued to show moderate employment growth in the third quarter of 2014. While not particularly flashy, Millard County’s employment growth has proved sufficient to drive its unemployment rate down below the state average. In addition, while Millard County’s third-quarter 2014 gross taxable sale dipped noticeably, the source of the decline was in the volatile business investment category rather than in retail sales. All in all, the county remains economic vigorous while avoiding the “boom” zone.
After regaining some of the ground lost when its largest employer shuttered its doors, Wayne County now finds its labor market stagnating. Newly available third quarter 2014 figures show employment levels registering near year-ago figures with little loss or gain. Nevertheless, beneath the surface, various industries waxed and waned. Wayne County’s unemployment rate remains high. However, rates have dropped fairly steadily since early 2013. Strong and continued sales gains continue to provide the best economic news for the area.
Since the end of the national recession in June 2009, Piute County
has experienced only one quarter of expanding nonfarm employment. Data
for third quarter 2014 (the most recent available) show Piute County
persisting in its job-losing ways. Moreover, the nonagricultural job
losses register in the double-digit range. While the county’s jobless
rate has dropped dramatically since the recession’s end it has shown a
slight uptick in recent months, mirrored by a slight increase in
first-time claims for unemployment insurance. Gross taxable sales did
exhibit slight improvement in third quarter but supplied further proof
of a less than vibrant economy.