Arizona Unemployment Rate Drops to Lowest Level Since 2008

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Arizona Capitol Building
Credits: Flickr/Gage Skidmore

The unemployment rate in Arizona for the month of September declined to 4.7%, the lowest level since 2008. The improvement was due to the continuous jobs growth in the state.

According to the state’s Office of Economic Opportunity, the unemployment rate last month was 5%. In September last year, Arizona’s unemployment rate was 5.1%.

In a statement, Governor Doug Ducey said, “This is tremendous news showing the continued strong and resilient state of our economy.” According to him, the men and women who are working hard launching businesses and hiring more workers deserve the credit.

Ducey added vowed to keep “government out of the way of innovative ideas and technology” to ensure that Arizona remains a “land of opportunity for all.”

Arizona job gains/loss by sector

Last month, Arizona gained 36,400 non-farm jobs, 6,000 more than the September average over the past seven years. The private sector in the state gained 10,300 jobs.

Based on data from the Office of Economic Opportunity, eight of the eleven sectors achieve jobs growth. The government sector gained 26,100 jobs; Education and Health Services 5,200 jobs, and Leisure & Hospitality 1,700 jobs.

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Marivic Cabural Summers
Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.