|
Arizona Jobless Rate Jumps But State Is OptimisticAll listings are the responsiblity of the posters; keep in mind, anyone can post anything! |
 us | ||
|
| ||||
|
Arizona Jobless Rate Jumps But State Is OptimisticAll listings are the responsiblity of the posters; keep in mind, anyone can post anything! |
us | ||
|
| ||||
|
Advertisement: Top Searches: • arizona unemployment • state of arizona unemployment news • arizona unemployment optimism • |
JobsArizona Jobless Rate Jumps But State Is Optimistic
The news for Arizona continues to be bad. Housing and unemployment make front-page news almost every day throughout the state. True, there are momentary bits of good news on both fronts, but overall, the situation with Arizona housing and jobs is just not promising. For example, in June Arizona's unemployment rate rose to 9.3 percent after falling for three months.
June job losses were greater than expected which resulted in the slight increase in the rate from 9.1 percent to 9.3 percent. While job losses this time of year are typical because of the end of the school year and the end of tourism, the 57,200 jobs lost were much higher than the average of 36,400 monthly losses during the 2001 to 2010 period. In addition to public education, the leisure and hospitality industry suffered seasonal losses as well. Following these two groups were retail, health services and private education. Again, losses were expected due to the seasonal nature of Arizona's business climate. This June, however, the losses were over 50 percent higher than the averages. A very faint glimmer of good employment news: the construction industry added 3,200 jobs in June, the largest monthly increase in nine months. This increase was very close to the 10-year monthly average of 3,400 per month. Manufacturing also added 700 jobs in the month for the fifth month of gains this year. While the jobs lost in education comprised a large number of the overall losses for the month, they were not totally unexpected. The same is true for job reductions in hospitality and leisure. With the onset of hot summer weather, tourists evaporate faster than water on a lawn. Arizona's job picture will continue to experience this type of seasonal reduction in employment. For the first half of this year, overall job growth has been flat with non-farm employment in the state increasing a slight 7,300 jobs to 2.35 million. Flat is certainly not great news, but better than going in the wrong direction.
You can talk about... Arizona Jobless Rate Jumps But State Is Optimistic Tags: • unemployment • housing • jobless • arizona • over 50 • job losses • job growth • jobless rate • health services • public education • unemployment rate • hospitality industry • construction industry • Related articles:
Arizona Jobless Rate Jumps But State Is Optimistic Jobs |
Have you added a link to us from your website? (1530707321):
Copyright (c) 2006-2011 GLR Sales LLC. (rozwqizwipzewo) Privacy & DMCA Policy -- Sitemap |
