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<div class=\"blog-text\">
<h2>Overall unemployment rate moved up to 6.7% with the biggest shift in Transportation &amp; Utilities, which gained 3,900 roles, based on the most recently available information published in April 2021.</h2>

<p>Total employment in the Phoenix-Mesa-Scottsdale, AZ market rose by 11,342 jobs in February and the unemployment rate increased compared to the prior month by 10 bps to 6.7%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Phoenix-Mesa-Scottsdale, AZ unemployment rate is 15 bps above the national rate which is a negative sign.</li>
	<li><i class=\"fa fa-check-circle\"></i> Unemployment in the market is 290 bps above the unemployment rate in the market last year at this time, which is a negative.</li>
	<li><i class=\"fa fa-check-circle\"></i> Average wages (per hour) grew in February versus prior month by 0.1% and are down compared to last year at this time in the market.</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading text-center w-50 h-3\">Month over Month Unemployment Change</div>

<div class=\"heading text-center w-50 h-3\">Year over Year Unemployment Change</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC  Unemployment October 2020.png\"><img alt=\"Phoenix-Mesa-Scottsdale, AZ Unemployment February 2021\" class=\"img-responsive center-block\" height=\"750\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Phoenix-Mesa-Scottsdale%2C%20AZ%20February%202021%20Bar%20Charts.png\" width=\"3241\" /></a></div>

<p>For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Transportation &amp; Utilities: 427,900; +3,900</li>
	<li><i class=\"fa fa-check-circle\"></i> Business Services: 361,900; +500</li>
	<li><i class=\"fa fa-check-circle\"></i> Education &amp; Healthcare: 346,300; +1,800</li>
	<li><i class=\"fa fa-check-circle\"></i> Government: 242,500; +1,900</li>
	<li><i class=\"fa fa-check-circle\"></i> Financial Services: 203,300; no change</li>
	<li><i class=\"fa fa-check-circle\"></i> Restaurants &amp; Hotels: 197,800; +2,700</li>
	<li><i class=\"fa fa-check-circle\"></i> Manufacturing: 135,200; +1,800</li>
	<li><i class=\"fa fa-check-circle\"></i> Construction, Mining: 133,000; -1,800</li>
	<li><i class=\"fa fa-check-circle\"></i> Other Jobs: 67,200; +1,300</li>
	<li><i class=\"fa fa-check-circle\"></i> IT &amp; Development: 38,800; +1,300</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading logo h-3\">Employment Change by Key Sector</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC Unemployment by Industry October 2020.png\"><img alt=\"Phoenix-Mesa-Scottsdale, AZ Unemployment by Industry February 2021\" class=\"img-responsive center-block\" height=\"1084\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Phoenix-Mesa-Scottsdale%2C%20AZ%20February%202021%20Bubble%20Charts.png\" width=\"2566\" /> </a></div>

<p><i>Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021).&nbsp; Source: Government data agency and locally acquired statistics.</i></p>

<p><i>Note: All reported data is not seasonally adjusted.</i></p>
</div>


market-summary

Employment Snapshot - Phoenix-Mesa-Scottsdale, AZ February-2021

<div class=\"blog-text\">
<h2>Overall unemployment rate moved down to 6.5% with the biggest shift in Transportation &amp; Utilities, which lost 16,800 roles, based on the most recently available information published in March 2021.</h2>

<p>Total employment in the Phoenix-Mesa-Scottsdale, AZ market rose by 3,607 jobs in January and the unemployment rate decreased compared to the prior month by 40 bps to 6.5%. The national unemployment rate increased by 31 bps over the same time to 6.8%.</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Phoenix-Mesa-Scottsdale, AZ unemployment rate is 31 bps below the national rate which is a positive sign.</li>
	<li><i class=\"fa fa-check-circle\"></i> Unemployment in the market is 250 bps above the unemployment rate in the market last year at this time, which is a negative.</li>
	<li><i class=\"fa fa-check-circle\"></i> Average wages (per hour) grew in January versus prior month by 2.5% and are up compared to last year at this time in the market.</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading text-center w-50 h-3\">Month over Month Unemployment Change</div>

<div class=\"heading text-center w-50 h-3\">Year over Year Unemployment Change</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC  Unemployment October 2020.png\"><img alt=\"Phoenix-Mesa-Scottsdale, AZ Unemployment January 2021\" class=\"img-responsive center-block\" height=\"796\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Phoenix-Mesa-Scottsdale%2C%20AZ%20January%202021%20Bar%20Charts.png\" width=\"3242\" /></a></div>

<p>For key employment segments of the market, total jobs declined by -1.5%. Key sectors include:</p>

<ul class=\"list-unstyled\">
	<li><i class=\"fa fa-check-circle\"></i> Transportation &amp; Utilities: 424,000; -16,800</li>
	<li><i class=\"fa fa-check-circle\"></i> Business Services: 359,700; -5,200</li>
	<li><i class=\"fa fa-check-circle\"></i> Education &amp; Healthcare: 344,100; -2,200</li>
	<li><i class=\"fa fa-check-circle\"></i> Government: 240,600; -2,100</li>
	<li><i class=\"fa fa-check-circle\"></i> Financial Services: 203,500; -2,400</li>
	<li><i class=\"fa fa-check-circle\"></i> Restaurants &amp; Hotels: 193,100; -1,000</li>
	<li><i class=\"fa fa-check-circle\"></i> Construction, Mining: 134,600; -1,700</li>
	<li><i class=\"fa fa-check-circle\"></i> Manufacturing: 132,800; -1,100</li>
	<li><i class=\"fa fa-check-circle\"></i> Other Jobs: 65,300; -1,700</li>
	<li><i class=\"fa fa-check-circle\"></i> IT &amp; Development: 37,800; +1,100</li>
</ul>

<div class=\"blog-chart\">
<div class=\"heading logo h-3\">Employment Change by Key Sector</div>
<a class=\"fancybox\" href=\"https://mployeradvisor.com/custom/domain_1/image_files/ckeditor/sitemgr_Winston-Salem, NC Unemployment by Industry October 2020.png\"><img alt=\"Phoenix-Mesa-Scottsdale, AZ Unemployment by Industry January 2021\" class=\"img-responsive center-block\" height=\"1096\" src=\"https://mployeradvisor-production.s3.amazonaws.com/custom/domain_1/image_files/ckeditor/sitemgr_Phoenix-Mesa-Scottsdale%2C%20AZ%20January%202021%20Bubble%20Charts.png\" width=\"2566\" /> </a></div>

<p><i>Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021).&nbsp; Source: Government data agency and locally acquired statistics.</i></p>

<p><i>Note: All reported data is not seasonally adjusted.</i></p>
</div>


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