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Office of Economic Opportunity

Nov 16, 2023

Economy slowing down, jobless rate up slightly

The Arizona economy is slowing down. New figures Thursday from the Office of Economic Opportunity show the state's seasonally adjusted unemployment rate for October at 4.2%. That's up two-tenths of a point from the prior month and the fifth consecutive increase after the jobless rate hit a record low in May.

job growth, Arizona
Nov 9, 2023

State expected to add jobs over next decade at almost five times rate of rest of country

Arizona is expected to add jobs over the next decade at nearly five times the rate of the rest of the nation -- much of that to help care for the state's growing population of seniors.

jobs, unemployment, Census Bureau, workers, Arizona
Oct 19, 2023

Unemployment rate up slightly, ‘quits’ rate decreases

There may be some signs in Arizona that the efforts by the Federal Reserve Board to cool the economy and bring down inflation with higher interest rates are working. New figures Thursday show the state's seasonally adjusted unemployment rate hit 4.0% in September, an increase of two-tenths of a point.

minimum wage, fast food, Consumer Price Index
Sep 13, 2023

Minimum wage will rise in January, costs increasing

What would you buy for an extra $20 a week? A nice meal? A car mount for your phone? An extra four gallons of gasoline? That's the choice that will be facing Arizonans at or near the bottom of the pay scale in January when the state's minimum wage rises another 50 cents, to $14.35 an hour.

jobs, unemployment, Census Bureau, workers, Arizona
Sep 5, 2023

Jobless rate is down, wages up, but not all is worth celebrating

Arizona’s unemployment is at the lowest rate in decades, there are more jobs than workers available to fill them and salaries are inching up, all of which should be good indicators for workers. Experts say – it depends.

Aug 28, 2023

Educators discuss future of CTE programs in Arizona

One of the rapidly growing areas of education in Arizona over recent decades has been in career and technical education and teachers in the field say districts that specialize in that topic have never been in a better position. 

job growth, Arizona
Aug 17, 2023

Unemployment up, hiring, job openings down

It looks like efforts by the Federal Reserve Board to cool the economy are working – at least here in Arizona.

job openings, Arizona, Covid, employers, employees, Office of Economic Opportunity
Jul 20, 2023

New figures show job openings rate increases

Thinking of quitting your job? New state economic figures suggest the timing to find better employment may never be better.

jobs, unemployment rate, Office of Economic Opportunity, Kaiser, Cook
Jun 15, 2023

Arizona’s unemployment rate at historic lows, jobless benefits won’t be cut

The state's unemployment rate remains at historic lows. But those Arizonans who do find themselves out of work through no fault of their own won't see their benefits cut, at least not this year.

inflation, restaurants, hiring, jobs, pandemic, Arizona, spending
Nov 17, 2022

Inflation rising in Arizona, more people dining out, restaurants hiring

Inflation may be rising faster in Arizona than pretty much anywhere else. But that isn't keeping people from going out and enjoying themselves.

job growth, unemployment, Kaiser, Fernandez, jobless, Epstein, Senate
Jun 16, 2022

State jobless rate holds steady, private sector adds positions

Arizona's jobless rate remained unchanged in May at 3.2 percent as the state and nation wait to see the effect of a sharp hike in interest rates on the economy.

Sep 14, 2021

Inflation drives minimum wage raise

Workers at the bottom of the Arizona wage scale appear to be in line for a pay hike of $26 a week.

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