News Ticker

AZ Unemployment Dips, Constr. Up 400 Jobs

Courtesy of Arizona Department of Administration

By Roland Murphy for Arizona Builder’s Exchange

Arizona’s seasonally adjusted unemployment rate dropped another three-tenths of a point in October to 5.2 percent, according to the latest report published by the Arizona Department of Administration Office of Employment and Population Statistics.

The national rate also decreased slightly from 5.0 to 4.9.

The state had a net gain of 28,000 non-farm jobs over the month. The post-recession average gain has been 26,500 per month. Most gains were in Professional and Business Services, which added 8,000. Overall, the private sector added 24,400 jobs, an improvement of 1,100 over the post-recession average.

Ten of the 11 sectors tracked saw gains; none saw losses. The Natural Resources & Mining was unchanged.

Construction was up by 400. Year-over-year Construction has added 10,500 jobs, for a statewide total of 139,600.

The Construction sector features three major segments: Buildings, Heavy, and Specialty Trades. There are currently 27,400 in Buildings, up 400 from September and up 3,400 from last September. Heavy Construction dropped 100 for the month, a decrease of 100 over the year. Specialty Trades was at 96,200 which is up 100 for the month and up 7,200 since last year.

Construction jobs in the Phoenix Metro Area (Phoenix-Mesa-Scottsdale) increased by 500 over the month, for a total of 109,900. The October 2015 number was 100,000.

Metro Tucson remained steady month-to-month with 14,300.

Yuma, Flagstaff, Prescott, Lake Havasu City-Kingman, and Sierra Vista-Douglas combine Construction and Natural Resources jobs in reporting their job sector totals. Yuma held steady at 2,400. Flagstaff increased 100 to 2,300. Prescott was unchanged with 4,800; Lake Havasu-Kingman gained 100, up to 2,400. Sierra Vista-Douglas held steady at 1,200.

Facebooktwitterlinkedin

Leave a comment

Your email address will not be published.


*