In Utah, a record year for adding, retaining jobs

September 29, 2012

Recruiting consortium says Utah’s fiscal stability is a draw.

The Economic Development Corp. of Utah generated a record number of new jobs in its latest fiscal year and kept thousands more from decamping to other states, according to the consortium of government groups and private investors.

EDCUtah said Friday it created 8,747 jobs and retained another 2,763 in the fiscal year ending June 30. That was up from 7,313 jobs created and 1,346 retained in the same period a year earlier. A retained job is one that might have moved out of Utah if a company had decided to expand its local operations somewhere else. Read more