Arizona adds most November jobs in 8 years
Arizona’s economy added 25,900 jobs in November — many of them in retail, restaurants and hotels.
The November 2013 job gains are the highest in November since 2005, according to new numbers out today from the Arizona Department of Administration. Many of the retail and hospitality industry hires are seasonal positions and the pay in those sectors tends to be lower than average.
State economists report Arizona added 15,400 retail and wholesale trade jobs last month with retailers and distributors hiring temporary workers for the Christmas and holiday shopping season. Bars, restaurants and hotels added 1,900 jobs with the Valley’s tourism and holiday-party season gearing up, according to DOA. Finance, insurance and banking businesses added another 2,100 jobs statewide last month.
The statewide unemployment rate came in at 7.8 percent in November. That’s down from 8.2 percent in October and 8 percent one year ago.
In the Valley, the jobless rate stands 6 percent.
The Phoenix area accounted for 23,300 of the total jobs created in the state last month. That included 2,400 hires at bars, restaurants and hotels and 11,700 for retail and wholesale trade positions.
November job gains/loss in Arizona
2013: 25,900
2012: 24,000
2011: 24,000
2010: 20,800
2009: 14,400
2008: -3,400
2007: 17,100
2006: 18,300
2005: 27,400
2004: 19,800
2003: 16,400
The November 2013 job gains are the highest in November since 2005, according to new numbers out today from the Arizona Department of Administration. Many of the retail and hospitality industry hires are seasonal positions and the pay in those sectors tends to be lower than average.
State economists report Arizona added 15,400 retail and wholesale trade jobs last month with retailers and distributors hiring temporary workers for the Christmas and holiday shopping season. Bars, restaurants and hotels added 1,900 jobs with the Valley’s tourism and holiday-party season gearing up, according to DOA. Finance, insurance and banking businesses added another 2,100 jobs statewide last month.
The statewide unemployment rate came in at 7.8 percent in November. That’s down from 8.2 percent in October and 8 percent one year ago.
In the Valley, the jobless rate stands 6 percent.
The Phoenix area accounted for 23,300 of the total jobs created in the state last month. That included 2,400 hires at bars, restaurants and hotels and 11,700 for retail and wholesale trade positions.
November job gains/loss in Arizona
2013: 25,900
2012: 24,000
2011: 24,000
2010: 20,800
2009: 14,400
2008: -3,400
2007: 17,100
2006: 18,300
2005: 27,400
2004: 19,800
2003: 16,400
Mike Sunnucks writes about politics, law, airlines, sports business and the economy.
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