- Associated Press - Thursday, December 21, 2017

PHOENIX (AP) - Arizona’s unemployment rate has dropped to the lowest level since November 2007, falling to 4.5 percent from 4.3 percent last month.

The rate remains well above the national unemployment rate, which stayed at 4.2 percent for the second consecutive month.

A year ago, Arizona’s unemployment rate was 5 percent and the U.S. rate was 4.6 percent.

Arizona’s jobless rate was 4.2 percent in November 2007.

The state Office of Economic Opportunity reported Thursday that Arizona’s economy added 29,500 nonfarm jobs in November. That’s up from 18,700 jobs in October.

In all, nine of 11 sectors added jobs led by 15,300 new jobs in the trade, transportation and utilities category.

The state and national figures are adjusted to take out expected seasonal fluctuations.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide