Article originally posted on Phoenix Business Journal on October 19, 2017
Arizona’s unemployment rate came in at 4.7 percent last month, according to new data from the Arizona Office of Economic Opportunity.
That is the lowest unemployment rate since January 2008 and is being touted by Gov. Doug Ducey.
The Phoenix metro area jobless rate is 4 percent. The U.S employment rate is 4.2 percent, according to the U.S. Bureau of Labor Statistics.
Arizona added 36,400 jobs in September. That is 6,000 more than the average gains for the month of September the past seven years.
Most of the gains came from the government (26,100) with public schools and colleges back in session.
Construction did add 1,600 jobs, business services 1,400 and health care and private education 5,200 jobs. Restaurants, bars and hotels added 2,600 job.
Manufacturing, finance and retail shed jobs last month, according to the state economic agency.
Ducey pointed to the lower unemployment rate and the 140,000 private sector jobs Arizona has added since 2015.
“This is tremendous news showing the continued strong and resilient state of our economy,” the Republican governor said. “As we add more jobs and put more people to work, credit goes to the men and women doing the hard work of launching their businesses or expanding and hiring more workers. My administration will continue to work to keep government out of the way of innovative ideas and technology so that Arizona can continue to be a land of opportunity for all.”