Business Briefs for March 2-4
March 1, 2011
Canyons extends season
Canyons Resort has extended its season by a full week and will now close April 17 instead of April 10. According to the resort’s web site, the extension celebrates "great snow conditions and the resort’s recent multi-million dollar re-creation." Managing Director Mike Goar said on the website, "With all the work we did during the off-season to make Canyons the best resort in North America, we’re thrilled to be able to extend our ski season and allow our guests the opportunity to enjoy the new enhancements even longer."
Nominate best businesses by March 18
Ernst & Young LLP is calling for nominations for the Ernst & Young Entrepreneur Of The Year® 2011 Awards, recognized as one of the most prestigious business award programs in the country. The deadline for applications is March 18, 2011, with the Utah Region awards ceremony scheduled for June 23, 2011 at the Salt Palace Convention Center in Salt Lake City. For information on the Entrepreneur Of The Year® Awards in the Utah Region, please visit http://www.ey.com/eoy .
State unemployment rate down, business index up
Utah’s non-farm wage and salaried job count for January 2011 expanded by 1.5 percent compared against January 2010. The seasonally adjusted unemployment rate registered 7.6 percent. Last January, the state’s rate was 8.0 percent, a 0.4 percentage-point decline over the past 12 months. Approximately 103,400 Utahns are considered unemployed. The United States unemployment rate moved down four-tenths of a point to 9.0 percent. Some experts have labeled this has potentially bad news because unemployment rates are supposed to increase in an economic recovery as people who stopped looking for work begin looking again and officially declare themselves unemployed. According to http://www.napmutah.org , the state’s Business Conditions Index for February is up from last year, further suggesting recovery is underway.