November Employment Report

Employment Report

Arizona Employment Increased by 59,800 Jobs Since November 2023*

Arizona Unemployment Increased to 3.7%

 

 

 

Trends Video

 

The Full Release

The following links provide access to the full press release:

 

Overview

The Arizona seasonally adjusted (SA) unemployment rate increased to 3.7% in November 2024 from 3.6% in October 2024. The U.S. SA unemployment rate increased to 4.2% in November 2024 from 4.1% in October 2024. 

Month over month, Arizona’s SA labor force decreased by 6,311 individuals, or 0.2%. Year over year, the SA labor force increased by 29,276 individuals, or 0.8%.

 

Month Over Month Highlights

Month over month, from October 2024 to November 2024, Arizona not-seasonally adjusted (NSA) nonfarm employment increased by 31,600 jobs (1.0%).

Arizona's major sectors recorded the following job changes:

  • Trade, Transportation & Utilities (18,200 jobs)
  • Health Care and Social Assistance (4,500 jobs)
  • Government (3,300 jobs)
  • Leisure & Hospitality (3,000 jobs)
  • Manufacturing (2,500 jobs)
  • Professional & Business Services (2,500 jobs)
  • Information (500 jobs)
  • Natural Resources & Mining (0 jobs)
  • Construction (-1,100 jobs)
  • Financial Activities (-1,000 jobs)
  • Private Educational Services (-400 jobs)
  • Other Services (-400 jobs)

 

Year Over Year Highlights

Year over year, from November 2023 to November 2024, Arizona NSA nonfarm employment increased by 59,800 jobs (1.8%).

Arizona's major sectors recorded the following job changes:

  • Health Care and Social Assistance (26,200 jobs)
  • Government (9,100 jobs)
  • Trade, Transportation & Utilities (8,800 jobs)
  • Professional & Business Services (6,500 jobs)
  • Financial Activities (4,500 jobs)
  • Leisure & Hospitality (2,400 jobs)
  • Other Services (1,800 jobs)
  • Private Educational Services (1,700 jobs)
  • Natural Resources & Mining (1,000 jobs)
  • Construction (-900 jobs)
  • Information (-700 jobs)
  • Manufacturing (-600 jobs)

 

*Total Nonfarm Employment

The next press release is scheduled for January 23, 2025.