This is an archived article that was published on sltrib.com in 2006, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.
Posted: 2:51 PM- Joblessness in Utah is at a record low 2.5 percent, while year-over growth in jobs rockets along at a 5 percent clip with nearly 59,000 created.
Can you say, "full employment?" Senior Utah Workforce Services economist Mark Knold can.
"Oh yeah, in terms of what has been reached historically and statistically, absolutely," he said Tuesday. "Ultimate 'full employment' would be everyone working, but that never really happens.
This is as close as you get." October found just 33,000 Utahns unemployed, compared with 54,100 in October 2005 when the jobless rate was 4.2 percent. Last month's rate also was three-tenths of a percent lower than September's 2.8 percent.
