Personal Income – Compare Western States and U.S. Unemployment Rate, SA – Compare Western States and U.S. Real GDP – Compare Western States and U.S. fourth quarter 2019 County Employment and Wages, Real Personal Income by State and Metropolitan Area, 2018, Spending per pupil for elementary and secondary education, National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI).
Arizona's jobless rate dropped sharply last month, tumbling to 5.9% from 10.7% in July despite lingering softness in many industries. The annual inflation rate was 0.3 percent for April. This held true for both the U.S. and Arizona. Those were nearly all attributable to jobs in local schools and colleges/universities. Arizona was the first state to send out the $300 bonus, on Aug. 17. Over the past year, only two of 11 industry sectors tracked by the Arizona Office of Economic Opportunity have boosted employment, led by the trade/transportation/utilities group.
Frisco, TX grew the fastest between 2010 and 2019, increasing 71.1 percent. Arizona had virtually the same percentage of women-owned and veteran-owned businesses as the nation in 2017 but had a higher percent of Hispanic-owned businesses.
Ducey acknowledged that the state's economy still has much room for improvement, but he said the latest numbers show Arizona is moving in the right direction. Since those estimates were formed prior to the COVID-19 pandemic, NAHB revised income estimates downward based on internal forecasts to account for the effects of the pandemic.
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Cleveland, OK had the largest over-the-year gain in employment at 5.8 percent while Maricopa County had the ninth highest increase at 3.5 percent. Average weekly wages for the nation were up 3.5 percent over-the-year in the fourth quarter 2019 with Santa Cruz, CA posting the highest increase at 20.7 percent and Linn, IA at the other end of the spectrum with a 7.1 percent decrease.
Amount and Duration of Unemployment Benefits in Arizona.
Arizona August Employment Down 3.5% From Year Ago, U.S... 2020 Eller Economic Outlook – Virtual Not-To-Be... Arizona August Employment Down 3.5% From Year Ago, U... 2020 Eller Economic Outlook – Virtual Not-To... Destination Arizona: Where are People Moving From... Arizona August Unemployment Rate Drop Driven by... Unemployment Insurance Benefits Paid in Arizona $10... Video: Arizona Economic Forecast Update on COVID-19... Zach catches up with Supervisor Ramon Valadez, Chair of the Board; UArizona economist George Hammond reports on regional economy. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Arizona was not alone in having a large increase in unemployment rate for April as all 50 states plus the District of Columbia reported higher unemployment rates according to the State Employment and Unemployment report from the U.S. Bureau of Labor Statistics released May 22. Year-to-date, bankruptcies are down 13.3 percent statewide, 10.2 percent for the Phoenix office, 24.3 percent for the Tucson office and 2.7 percent for the Yuma office.
Still, 150,000 people in Arizona left the labor force from July to August, likely reflecting the difficulty many people have in finding work. The unemployment rate for Arizona had been 4.8 percent in April 2019. Since 2005 the unemployment rate in Arizona has ranged from 3.4% in May 2007 to 12.9% in April 2020.
Average Hourly Earnings – Compare Western States and U.S. Average Hourly Earnings – Compare Select Western Metros. Unemployment Rate in Arizona by Zip Code. Copyright © 2017. The change put the state's unemployment …