Arizona Unemployment Rate Increases To 5.1% In May


Arizona’s unemployment rate rose slightly in May as the state’s economy lost 14,700 nonfarm jobs.

The Arizona Office of Economic Opportunity says the state’s seasonally adjusted unemployment rate increased to 5.1 percent in May, up from 5 percent in April.

The month’s jobs loss was higher than the post-recessionary average loss of 5,200 jobs.

The office says six economic sectors lost jobs, four added jobs and one stayed even.

The sector with the biggest loss was government, which shed 9,200 positions, followed by professional and business services, down 2,100 jobs.

The sector with the biggest gain was information, with 700 more jobs.




Editorial Team

Our Editorial Team curates "news you can use" from hundreds of local newspapers, magazines, blogs and online sources, press releases, radio and TV news shows from around the world. We take great pride in being providing Daily Business Intelligence that's all business and no politics.