The Arizona economy was solid through the first half of 2024. Job growth was strong, contributing to a record-low unemployment rate and a surge in the ratio of open jobs…
The preliminary Arizona unemployment rate fell to another new low of 3.3%, according to an analysis. MORE NEWS: 4 Valley cities rank among 50 safest and most affordable U.S. cities Arizona’s…
Arizona personal income growth ranked 20th in the nation in the first quarter, according to an analysis. MORE NEWS: 4 Valley cities rank among 50 safest and most affordable U.S. cities Before…
When looking at the 25 largest cities in Maricopa County, the City of Phoenix has more than three times as many residents as the next largest city in Maricopa County.…
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…
