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Show The National Enterprise, June 15, 1977 o Unemployment stabilizes The employment figures reflected similar After patterns. falling rapidly during the first of the part year, it stabilized in May at a rate lower than that of the nation, but higher than the states previous low. According to figures compiled by Job Service, Utah's unemployment rate has settled at 5.6 percent for the second consecutive month, compared to the national figure, 6.9 percent. (See graph.) In the Salt Lake-Ogde- n area, the unemploy Page three Help wanted ads ment rate has settled at 5.5 for two consecutive months, following a low of 5.4 in March. for the same month last year. (See graph.) climb higher In contrast to the unemploy- The number of people employed in the metropolitan area increased or remained stable during May in all sectors except services, which reduced its work force by 100. In mining and finance, insurance and real estate the work force remained steady, while in all others it showed a gain. ment rate, help wanted ads running in Salt Lake City daily newspapers have shown increasing strength. After falling seven percent in February compared to January, the indicator surged by 22 percent in March, gained 9.5 percent in April and rose another 9.4 percent in May. The weekly unemployment rate, computed by Job Service exclusively for the Enterprise , stayed at 5.7 during the week ending June 2, for the second consecutive week, after two weeks at 5.6. The Newspaper Agency Corp. reported running 22,423 help wanted ads in May, compared to 20,482 in April and 18,690 in March. May's figure is r 14.5 percent higher UNEMPLOYMENT RATE. UTAH AND THE U.S. PERCENT OF labor N Help Wanted Ads in SLC Daily Newspapers (000) J F M Source: NAC M A J than that (Seasonally Adjusted) r Bank All Deposits in All Banks deposits gain Salt Lake County While deposits in Salt Lake County banks are higher this year than last year, the percentage difference between the years has declined slightly during April and May. $ Billion J Shaded Area represents U.S. recessiee period as determined hy National Burean of Economic Research. Source: House Seurce: Utah Department of Employment Security and the Boreas of Labor Statistics J V V F A M M S.L. Clearing 19771 J According to figures compiled by the Sait Lake Clearing House, bank deposits in the county were running 15.9 percent higher this year than last year in January, 16.8 percent higher in February and 17 percent higher in March. the figure fell to 13.6 percent higher and rose In April slightly in May to 14 percent higher. The Clearing House reported deposits of $1,923 million in May, compared to 1.910 billion in April and $1,915 billion in March. May's figure was .7 percent higher than that of April, which was .2 percent lower than that of March. Hundreds of Utah companies, professional firms and institutions have made the move to lower cost BCS supplied phone systems. 4jThey are now enjoying the advantages of better service, more equipment features, greater flexibility for growth and high ; S While last year deposits grew steadily during this time period, this year depositors seem undecided, causing the total figure to vacillate irregularly. (Sec graph.) Continued on page N reliability. THf NATIONAL Today, whether your business is medicine, automotive repair, engineering, manufacturing, real estate, insurance, finance, or just about anything else, there is a BCS system for you. One that will assure you substantial savings over Bell systems. Wed be very pleased to provide you with details. Enterprise Subscriptions S24.00 per year SO Cents Per Cops 691300 The National Enterprise is published weekly by the National Enterprise Publishing Company, Inc., 500 Continental Bank Bldg., P.O. Box 11778, Pioneer Station, Salt Lake City, Utah 84147. (801)5380556 Scionii CIjss Pustule Paul in Salt R. 1 aki- - Cits . It ah GEORGE GREGERSEN Publisher ALENEE BENTLEY Editor Business Communications Systems I: .'yt'K's y j "v mary mcmillan gaber Managing Editor DEANALSUP TOM HORTON Staff Writers KRISTOPHER R PASSEY PETER HARRISON Production Manager Creative Deectix f- b'-v- Utah's largest private telephone equipment company . ; p k pT? 487-474- 1 Opinions expressed by columnists herein ae not necessarily the opinion or policy of tne National Enterprise Send all submissions to P O. Box 11778. Salt Lake City. Utah 84147. |