unemployment Archives

Phoenix retail development makes a slow comeback


The retail land market in the Phoenix area is waking up from its nearly seven year dormancy. While sales and development for retail pads and in-fill parcels has been at an all-time high, the development of new shopping centers has remained at a stand-still – and with good reason. The housing boom and subsequent bust… Read More →

U.S. adds 236,000 jobs in February

by in Economy | Workforce

A burst of hiring last month added 236,000 U.S. jobs and reduced the unemployment rate to 7.7 percent from 7.9 percent in January. The robust gains suggested that the economy can strengthen further despite higher taxes and government spending cuts. The February jobs report issued Friday provided encouraging details: The unemployment rate is at its… Read More →

Ariz. House approves unemployment changes


The Arizona House of Representatives has approved a bill that shifts to workers the burden of proving they’re eligible for unemployment insurance benefits. Republican state Rep. Warren Petersen of Gilbert argued his bill prevents people from collecting benefits when they’re not eligible while employers fight their claims. Democrats argued it puts federal funding of the… Read More →

Arizona jobless rate rises in December


Arizona’s unemployment rate is up, rising from 7.8 percent in November to 7.9 percent in December. Department of Administration economists say job gains in the private sector were outpaced by job losses in the public sector. The department says six economic sectors gained jobs while five others lost jobs. The leisure and hospitality sector had… Read More →

DES expects delays for some jobless benefits

Arizona Unemployment

The Arizona Department of Economic Security says payment of extended unemployment benefits may be delayed by about a week. The department says it needs to make some computer programming changes as a result of the federal government’s last-minute extension of emergency unemployment benefits. Congress passed the legislation and President Barack Obama signed it this week.… Read More →

Arizona unemployment continues to drop

jobs Paypal
by in Business News | Economy

Arizona’s unemployment rate has dropped for the third straight month, falling to 7.8 percent as the economy added jobs in nearly all sectors. The October unemployment rate was 8.1 percent. Department of Administration economists report that the state’s economy added 22,700 jobs in November, the largest November gain since 2005. Nine economic sectors added jobs… Read More →

Arizona jobless rate dips in September

by in Business News | Economy | Workforce

Arizona’s September unemployment dipped to 8.2 percent, down from 8.3 percent the two previous months. Department of Administration economists report that the state added 30,000 jobs, mostly in government due to seasonal hiring by schools. The department says seven of the 11 major economic sectors added jobs in September while four lost jobs. The biggest… Read More →

Jobs report gives Obama a boost

Barack Obama,

President Barack Obama got much-needed good news Friday following his disappointing debate performance as the unemployment rate dropped to its lowest level since he took office. Republican rival Mitt Romney said Obama still hasn’t done enough to create jobs. The figures announced by the Labor Department — 114,000 new jobs last month to bring unemployment… Read More →

Unemployment falls in nearly 90% of U.S. cities


Unemployment rates fell in August in nearly 90 percent of large U.S. metro areas, mainly because more people gave up looking for work. The Labor Department said Wednesday that unemployment rates dropped in 329 large cities, the most in four months. Rates rose in 24 cities and were unchanged in 19. In the Metro Phoenix… Read More →

Construction Industry Loses 7,000 Jobs In March

construction industry

The construction industry lost 7,000 jobs in March, inching the unemployment rate up to 17.2 percent from 17.1 percent in February, according to the April 6 Department of Labor employment report. Year over year, construction industry unemployment is down compared to the March 2011 rate of 20 percent. The construction industry added 55,000 jobs over the… Read More →

Economic Forecast: Arizona, U.S. to Show Improvement in 2012

Economic Forecast
by in Economy

Improvement in both the Arizona and U.S. economies can be expected next year, but full recovery is still a few years away. That’s according to experts who spoke Wednesday at the 48th Annual Economic Forecast Luncheon, co-sponsored by ASU’s W.P. Carey School of Business and JPMorgan Chase.  More than 1,000 people packed into the Phoenix Convention… Read More →

ASU Cancels Study Abroad Program In Egypt

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by in Blogs | Education | Politics | Travel

On January 25th, Egyptian citizens erupted in violent revolution against corruption, extensive poverty, enormous national unemployment and numerous governance problems of autocratic leader Hosni Mubarak — and two Arizona State students were caught in its crossfire. The students were studying abroad in Cairo at the time political unrest hit its threshold in late January; and… Read More →

Consumer Confidence In The New Year Will Influence Buying Decisions

Consumer Confidence

Employment and real estate prices have regularly influenced our economy over the last century. Recently, they have negatively compounded the economic crisis and will most likely continue to be an issue as we fight through to recovery. What will it take to change the direction of unemployment and low real estate prices? It begins with… Read More →

The Buzz on AZNow.Biz – December 13, 2010

Arizona Business Magazine's Editor-in-Chief Janet Perez
by in Columnist Spotlight | Tech | Workforce

This week on AZNow.Biz, hear from our green columnist Dustin Jones, the Arizona Commerce Authority releases the state’s unemployment numbers for November,  and look for the latest installment of Arizona on the Silver Screen.