Overall unemployment rate moved up to 6.6% with the biggest shift in Government, which lost 17,900 roles, based on the most recently available information published in July 2021.
Total employment in the Phoenix-Mesa-Scottsdale, AZ market rose by 16,283 jobs in June and the unemployment rate increased compared to the prior month by 40 bps to 6.6%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Phoenix-Mesa-Scottsdale, AZ unemployment rate is 51 bps above the national rate which is a negative sign.
- Unemployment in the market is 370 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 2% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.2% . Key sectors include:
- Transportation & Utilities: 439,700; +8,600
- Business Services: 370,600; +5,300
- Education & Healthcare: 349,300; +1,000
- Government: 219,900; -17,900
- Restaurants & Hotels: 213,300; +2,700
- Financial Services: 205,700; +1,200
- Construction, Mining: 138,900; +1,900
- Manufacturing: 136,700; +900
- Other Jobs: 68,500; +1,300
- IT & Development: 36,700; +200
Data is based on the most recent 12 months available, through June 2021 (Data published July 2021 and reports created on July 28, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.