public and private perspectives
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The SummitDecember 5, 2014
By Natalie Gochnour
Without government the life of man becomes solitary, poor,
nasty, brutish and short.– Thomas Hobbes
The object of government is the welfare of the people
– Theodore Roosevelt
Government is a trust, and the officers of the government are the
trustees; and both the trust and the trustees are created for the benefit
of the people.
– Henry Clay
Labor Market IndicatorsSeptember 2014
Unemployment rateUtah 3.5%U.S. 5.9%
Utah unemployment 50,600
Job Growth Rate (year-over)Utah 3.7%U.S. 2.0%
Utah job growth 47,600
Source: Utah Department of Workforce Services
Source: New York Daily News
0.1%
-5.1%
-0.6%
2.3%
3.3% 3.3%3.0%
3.5%
-0.6%
-4.3%
-0.7%
1.2%1.7% 1.7% 1.8% 1.9%
-6.0%
-5.0%
-4.0%
-3.0%
-2.0%
-1.0%
0.0%
1.0%
2.0%
3.0%
4.0%
2008 2009 2010 2011 2012 2013 2014e
Utah U.S.
Source: Utah Department of Workforce Services, U.S. Bureau of Labor Statistics. Forecasts DESB
Source: Bureau of Labor Statistics
August 2012 – August 2013
0.00% 1.00% 2.00% 3.00% 4.00% 5.00%
Nevada
Texas
Utah
North Dakota
3.49%
3.52%
3.53%
4.40%
U.S. average = 2.0%
Source: Utah Department of Workforce Services
Source: Haaretz.com
Source: The Economist
AGRICULTURALREVOLUTION
INDUSTRIALREVOLUTION
8,000
LIGHTBULB
120
MOONLANDING
90
WORLDWIDEWEB
MAPPINGHUMANGENOME
22 9
Source: http://humanswlord.wordpress.com/2014/01/14/brainfood-moores-law-explained/ and Time Magazine
Unveiling of Pope Benedict XVI
Unveiling of Pope Francis
Source: Sprott Money
The Distribution of Money IncomeAmong Households
Source: US Bureau of the Census [2011a]Note: These figures do not include the value of in-kind transfers.
Reams Store: 2783 South State
Income Share by Income Group
Mean Income by Income Group
•
••
•
••
••
Source: U.S. Census Bureau, 2010 American Community Survey
Mobility in U.S. Cities
Mobility: Selected States
“We can have a hard decade,or a bad century.”
- Tom Friedman
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