The Arizona labor market was historically tight in May. Arizona’s preliminary seasonally-adjusted unemployment rate dropped again in May, this time to 3.4%, an all-time low going back to 1976. The…
Arizona’s economy kicked off the new year in solid shape. The labor market has normalized somewhat, with quit and hire rates back to pre-pandemic levels and steady job gains. Even…
Arizona added just 2,200 jobs over the month in February. Arizona added 2,200 jobs over the month in February on a seasonally-adjusted basis. January job gains were revised down from…
Arizona’s economy continues to churn out solid gains. Population growth slowed modestly in 2023, according to estimates from the Arizona Office of Economic Opportunity. U.S. Census Bureau estimates show a…
Arizona added 9,200 jobs over the month in December on a seasonally adjusted basis. Job gains in November were revised up from 11,500 to 12,900. The state unemployment rate was…
Heading into 2024, the Arizona economy continues to churn out solid job, income, and sales gains. The state labor market remains tight, but there are modest signs of softening in…
Arizona lost 1,200 seasonally-adjusted jobs over the month in October, its first monthly drop since July. The state added a revised 4,700 jobs in September, down from the preliminary estimate…
The state’s diversified economy has positioned itself so that Arizona will avoid recession this year and next, according the Economic and Business Research Center. The Arizona economy continued to churn…
Arizona and Phoenix jobs have returned to their pre-pandemic trend. Arizona added 6,400 seasonally-adjusted jobs in August, up from a revised decline of 200 in July. The initial estimate for…
Arizona added 1,400 seasonally-adjusted jobs over the month in July, down from a revised increase of 2,700 in June. The June estimate was revised down slightly from 2,800. GOOD READ:…
In July, Arizona jobs rose 2,800 over the month in June after a small drop in May. Arizona seasonally-adjusted jobs rose by 2,800 over the month in June, after dropping…
Inflation, measured by the all-items Consumer Price Index for All Urban Consumers (CPIU), in the Phoenix MSA decelerated in June to 4.4% over the year. That was down from a…
