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Arizona Employment Report

Employment Report

Arizona Employment Increased by 66,100 Jobs since August 2023*

Arizona Unemployment Remained at 3.4%



 

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The Full Release

The following links provide access to the full press release:

 

Overview

The Arizona seasonally adjusted (SA) unemployment rate remained at 3.4% in August 2024 from July 2024. The U.S. SA unemployment rate decreased to 4.2% in August 2024 from 4.3% in July 2024.

Month over month, Arizona’s SA labor force increased by 3,283 individuals, or 0.1%. Year over year, the SA labor force increased by 53,276 individuals, or 1.4%.

 

Month Over Month Highlights

Month over month, from July 2024 to August 2024, Arizona not-seasonally adjusted (NSA) nonfarm employment increased by 43,600 jobs (1.4%).

Arizona's major sectors recorded the following job changes:

  • Government (26,200 jobs)
  • Private Educational Services (7,500 jobs)
  • Leisure & Hospitality (6,700 jobs)
  • Professional & Business Services (3,900 jobs)
  • Health Care and Social Assistance (3,200 jobs)
  • Information (200 jobs)
  • Natural Resources & Mining (100 jobs)
  • Manufacturing (-1,700 jobs)
  • Other Services (-1,300 jobs)
  • Financial Activities (-600 jobs)
  • Trade, Transportation & Utilities (-400 jobs)
  • Construction (-200 jobs)

 

Year Over Year Highlights

Year over year, from August 2023 to August 2024, Arizona NSA nonfarm employment increased by 66,100 jobs (2.1%).

Arizona's major sectors recorded the following job changes:

  • Health Care and Social Assistance (24,000 jobs)
  • Professional & Business Services (12,800 jobs)
  • Trade, Transportation & Utilities (12,400 jobs)
  • Private Educational Services (6,200 jobs)
  • Construction (5,700 jobs)
  • Financial Activities (4,800 jobs)
  • Other Services (2,000 jobs)
  • Natural Resources & Mining (1,000 jobs)
  • Leisure & Hospitality (900 jobs)
  • Government (600 jobs)
  • Manufacturing (-2,500 jobs)
  • Information (-1,800 jobs)

 

*Total Nonfarm Employment, Year-Over-Year Change

The next press release is scheduled for October 17, 2024.