More good job news for Arizona
Good weekend to you!
The following article was found on www.azcentral.com, the on-line version of The Arizona Republic. There was so much good info in there, it was impossible to sum up!
Sharon Kotula and Adam Tarr
Your Phoenix Area Real Estate Source
RE/MAX Excalibur
Scottsdale, Arizona
Ariz. job growth soaring, state says
Mary Jo Pitzl
The Arizona Republic
Dec. 16, 2005 12:00 AM
The Arizona Republic
Dec. 16, 2005 12:00 AM
Arizona's job growth is at its highest level in six years, state economists reported Thursday.
They credited the state's continued population surge for the 4 percent increase in jobs when compared with a year ago.
Even sectors that typically see downturns late in the year are buoyant and growing, said Jack York, an economist with the Arizona Department of Economic Security.
They credited the state's continued population surge for the 4 percent increase in jobs when compared with a year ago.
Even sectors that typically see downturns late in the year are buoyant and growing, said Jack York, an economist with the Arizona Department of Economic Security.
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For example, construction saw an "atypical" bump of 1,300 jobs in November, York and fellow economist Don Wehbey reported in their monthly survey of the state's employment condition.
Usually, construction jobs decline in the fall, but population growth allows no downtime, York said.
"They continue to build houses," he said.
Likewise, the arts, entertainment and recreation sector posted a 300-job gain in November at a time when that sector usually loses jobs, Ford said.
Again, he attributed the increase to the demands of a growing population, as well as the return of winter visitors, who boost the numbers at the state's Indian casinos.
The agency's job survey found employment gains in 10 of the 11 major industry groups it tracks. Only the information sector remained flat, and the economists said that was a sign of strength because jobs weren't lost. The information category covers everything from publishing and telecommunications to Internet service providers.
In all, the state added 97,400 non-farm jobs since November 2004.
The state's unemployment rate in November remained virtually unchanged from October, dipping to 4.8 percent. That's slightly better than the national unemployment rate of 5 percent.
York expects more of the same when December's job numbers come in.
Usually, construction jobs decline in the fall, but population growth allows no downtime, York said.
"They continue to build houses," he said.
Likewise, the arts, entertainment and recreation sector posted a 300-job gain in November at a time when that sector usually loses jobs, Ford said.
Again, he attributed the increase to the demands of a growing population, as well as the return of winter visitors, who boost the numbers at the state's Indian casinos.
The agency's job survey found employment gains in 10 of the 11 major industry groups it tracks. Only the information sector remained flat, and the economists said that was a sign of strength because jobs weren't lost. The information category covers everything from publishing and telecommunications to Internet service providers.
In all, the state added 97,400 non-farm jobs since November 2004.
The state's unemployment rate in November remained virtually unchanged from October, dipping to 4.8 percent. That's slightly better than the national unemployment rate of 5 percent.
York expects more of the same when December's job numbers come in.