News Ticker

AZ Unemployment Steady; Const. Gains 400

Courtesy of Arizona Department of Administration

By Roland Murphy for Arizona Builder’s Exchange

Arizona’s seasonally adjusted unemployment rate held in June at 5.1 percent, according to the latest report published by the Arizona Office of Economic Opportunity.

The national rate increased from 4.3 percent in May to 4.4 in June.

The state had a net loss of 42,800 non-farm jobs over the month. Most of the losses came in Government, which shed 37,100. Six of the 11 sectors tracked reported losses.

Construction statewide gained 400, and the sector maintains a net gain of 3,100 for the year. Total Arizona Construction jobs for the year-to-date stand at 138,900.

The Construction sector features three major segments: Buildings, Heavy, and Specialty Trades. There are currently 25,200 jobs in Buildings, down 200 from May and down 1,100 from June of last year. Heavy Construction is up 300 for the month with a total of 16,600, which is up 600 from last June. Specialty Trades gained 200 over the month to 97,100, and the segment has increased 3,600 over the year.

Construction jobs in the Phoenix Metro Area (Phoenix-Mesa-Scottsdale) gained 500 over the month, for a total of 109,500. The June 2016 number was 105,400.

Construction jobs in Metro Tucson increased 100 to 15,100, which is the same number as last June.

Yuma, Flagstaff, Prescott, Lake Havasu City-Kingman, and Sierra Vista-Douglas combine Construction and Natural Resources jobs in reporting their job sector totals. Flagstaff and Sierra Vista-Douglas were unchanged for the month with 2,400 and 1,300, respectively. Yuma gained 100 to 2,300. Prescott went up 200 to 5,600. Lake Havasu City-Kingman was the only area to lose construction jobs, dropping 100 to 2,400.

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