Saturday, April 19, 2008

ARIZONA'S SEASONLLY ADJUSTED UNEMPLOYMENT RATE REMAINED AT 4%

Arizona gained 9,500 non-farm Jobs in March, for the month over month gain. However, when we look at the year over year gain, it was negative. There is a 7,500 job loss when comparing March 2007 to March 2008.
Construction pared 800 jobs in March and is now down 24,800 from its peak.
The unemployment rate remained at 4%. In March of 2007, the unemployment rate was 3.7%. Our unemployment rate is still much lower than the country as a whole. The US unemployment rate is 5.1%.
read the rest of the jobs report: http://www.workforce.az.gov/admin/uploadedPublications/2692_PrApr08.pdf

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