Doug and Kathy Ingersoll
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Phoenix Generates Jobs

May 22nd, 2019 06:51:00 am

From the May 20, 2019 Elliott D. Pollack & company Monday Morning Quarterback:

  • Arizona gained 12,500 nonfarm jobs over the month in April.  This is higher than the historical 10-year average gain of 6,800 jobs.  Over the last year, the state has gained 78,900 jobs. That's a growth rate of 2.8%.  Year-to-date through April, the state has gained 74,800 jobs (2.6% growth).
  • The state's seasonally adjusted unemployment rate ticked down from 5.0% in March to 4.9% in April.  During the month, the national unemployment rate declined to 3.6%. The Greater Phoenix unemployment rate drop to 3.7%.
  • Greater Phoenix grew by 68,000 jobs compared to a year ago in April.  That's a 3.2% growth rate.  Year-to-date, the area grew by 63,700 jobs or 3.0%.  In percentage terms, the big gainers were construction, manufacturing, educational and health services as well as professional and business services.
  • In Greater Tucson, jobs grew by 1.8% compared to a year ago.  That's 7,000 jobs.  Year-to-date, the Old Pueblo grew by 6,000 jobs or 1.6%.

 

 

Phoenix Generates Jobs