Overall unemployment rate moved down to 6.0% with the biggest shift in Restaurants & Hotels, which gained 4,600 roles, based on the most recently available information published in June 2021.
Total employment in the Phoenix-Mesa-Scottsdale, AZ market rose by 11,259 jobs in April and the unemployment rate decreased compared to the prior month by 10 bps to 6.0%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Phoenix-Mesa-Scottsdale, AZ unemployment rate is 25 bps above the national rate which is a negative sign.
- Unemployment in the market is 750 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 0.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.3% . Key sectors include:
- Transportation & Utilities: 427,900; -1,600
- Business Services: 362,100; +1,800
- Education & Healthcare: 349,600; +1,600
- Government: 243,800; +800
- Restaurants & Hotels: 210,400; +4,600
- Financial Services: 204,000; +1,100
- Construction, Mining: 136,300; +400
- Manufacturing: 134,500; -900
- Other Jobs: 67,800; no change
- IT & Development: 36,700; -300
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.