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Utah ties for its lowest unemployment rate ever

Merry Christmas, Utah: The state just tied for its lowest unemployment rate ever at 2.4% in November, according to data released Friday.

Utah hit that low rate only once previously, in 2007 not long before the Great Recession hit, according to the state Department of Workforce Services.

That comes as Utah also ranked No. 1 in the nation for its rate of adding jobs over the past 12 months, up 3.2%, after seasonal adjustments, more than double the national average of 1.5%.

“Utah’s unemployment rate has fallen by four-tenths of a percentage point over the past four months,” said Mark Knold, chief economist at Workforce Services.