I opened up my Deseret News paper this morning and the front page article was Logan boasts nation's second-lowest unemployment rate.
In Logan, Utah the unemployment rate for December was 2.8%. Only Morgantown, WV had lower unemployment. They were 2.7%. The jobless rate did increase from December '07 to December '08, but only by .9%.
In comparison the national unemployment average is 7.2%, with El Centro, CA being the highest with 22.6% unemployment.
Logan doesn't follow the same up and down trends that other parts of the country do. Home prices, wages, personal debt didn't get as high here as they did in other places. Now that things are starting to fall, they aren't dropping as low.
I like what Logan's economic development director, Kirk Jensen said, "If economic change is often a roller-coaster ride, Logan's is a mini-roller coaster if you will. When there are downturns, we don't seem to feel it to the same degree as the rest of the country. That said, we don't ride the economic wave upward as high, either."
If you are looking to buy a home in Logan, or the Cache Valley I would be happy to help.
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