Thursday, September 29, 2011

AZ August 2011 Employment Numbers

The Arizona seasonally adjusted unemployment rate dropped one tenth of a percentage point from
9.4% in July to 9.3% in August. The U.S. rate remained unchanged at 9.1%. Total Nonfarm
employment in Arizona gained 52,600 jobs for the month. The Private Sector job gains (+0.6%)
were above the 0.5% average from 2001-2010. All but one of the eleven major sectors gained
jobs. Government (40,200) led all sectors for gains, with most of the gains in Public Education.
The 11.2% gain in Government was above the 2001-2010 average of 6.8%. Part of the larger
gains could be attributed to deeper than average cuts in the preceding summer months and some
shifting of the calendar year. Educational and Health Services was a distant second with 4,600
jobs gained. Leisure and Hospitality gained an above average 3,800 jobs for the month.
Construction (+1,000) added jobs for the sixth month in a row.
Over the year total nonfarm employment was up 40,700 jobs or 1.7%. Most of the increase was
from the unusual gains in Public Education, but some other sectors also had better than average
increases. All of the major sectors except Professional and Business Services (-400) were positive
over the year. Educational and Health Services (+14,900) and Leisure and Hospitality (+10,300)
had the most private sector gains.

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