Phoenix Job Market Report

Phoenix’s job market is expanding, but at a slower pace than in the immediate post-pandemic years. The city remains a regional economic magnet with relatively strong population growth, moderating inflation, and a diverse set of employers, yet hiring has cooled and competition for quality roles is rising.

The University of Arizona’s Economic and Business Research Center reports Phoenix metro job growth of about 0.4% over the year through late 2025, slower than the U.S. average, with forecasts of roughly 0.9% job growth in 2025 and a return to about 1.6% in 2026. According to the same outlook, the Phoenix-area unemployment rate is h...

Phoenix’s job market remains one of the Southwest’s most dynamic, powered by rapid population growth, large-scale industrial investment, and a diversifying economy, though some office and retail segments are softening. The U.S. Bureau of Labor Statistics reports that metro Phoenix nonfarm employment continues to post modest year‑over‑year gains, with Arizona’s statewide unemployment rate hovering around the low‑4% range in 2025, indicating a labor market that is cooling from the pandemic boom yet still relatively tight by historical standards. The Greater Phoenix Economic Council forecasts roughly a 13% rise in regional employment over the coming decade, underscoring long‑term la...

Phoenix’s job market is strong and still expanding, driven by rapid population growth, business relocations, and major real estate and infrastructure investment. NewHomeSource, summarized by AOL, ranks the Phoenix metro among the top U.S. cities for job growth in 2025, highlighting its appeal to both employers and jobseekers. The Bureau of Labor Statistics reports metro Phoenix unemployment hovering near 4 percent in late 2025, slightly above its lows but still below many large metros, reflecting a tight labor market with steady hiring.

The employment landscape is diversified. According to the Arizona Commerce Authority and Greater Phoenix Economic Council, major in...

The Phoenix job market remains relatively strong and diversified, but growth has slowed compared with the rapid expansion of the past decade. Listeners face a landscape where advanced industries and service sectors continue to add jobs, even as higher interest rates and national layoff trends create pockets of softness and uncertainty.

Greater Phoenix’s employment base is anchored by government, health care, education, finance, tourism, logistics, manufacturing, and construction, with large employers such as the State of Arizona, major hospital systems, school districts, banks, airlines, and retail distribution centers. Statistics from federal and state labor agencies typically show me...

Phoenix's job market remains robust with over 117,000 available positions as of December 2025. The metro area continues to demonstrate solid industrial fundamentals, with net absorption of 6.4 million square feet recorded in the third quarter of 2025. The region is experiencing significant economic transformation, anchored by nearly one trillion dollars in combined artificial intelligence and semiconductor investment, positioning Arizona at the center of a once-in-a-generation tech shift.

The employment landscape reflects diverse opportunities across multiple sectors. Hospitality and food service positions dominate current openings, with roles like guest service agents earning eighteen dollars per hour and cashier positions ranging from fourteen...

Phoenix's job market continues to demonstrate resilience with steady growth through 2025. The Phoenix-Mesa-Chandler metropolitan statistical area experienced a non-seasonally adjusted civilian labor force of 2.8 million in August, growing 1.7 percent year-over-year. Resident employment climbed 1.1 percent year-over-year to 2.6 million during the same period, with the Phoenix MSA accounting for approximately 72 percent of Arizona's total employment.

The unemployment rate in Phoenix rose to 4.2 percent in August on a non-seasonally adjusted basis, marking a 0.6 percentage point increase year-over-year and representing the year-to-date high. This uptick reflects labor force growth outpacing job gains. Seasonally adjusted nonfarm employment grew modestly, adding approximately 4,300 jobs in...

Phoenix’s job market in late 2025 is defined by strong population growth, steady employment expansion, and rising optimism across key economic sectors. The regional economy continues to diversify, supported by robust in-migration and a large metro population. According to the Bureau of Labor Statistics, average hourly earnings in Greater Phoenix rose about 12% over the past two years, while inflation only increased 3.3%, resulting in improved real wage growth and affordability for locals. The unemployment rate in the Phoenix-Mesa-Scottsdale metro remains near historic lows, reflecting healthy demand for labor, though specific current figures from the U.S. Bureau of Labor Statistics are pe...

Phoenix’s job market in late 2025 reflects uncertainty, with economic slowdowns linked to factors like tariffs and shifting immigration policies, as described by the Arizona Economic Outlook and outlined in the Phoenix Business Journal. Despite slowing job growth, the city remains a regional employment powerhouse, home to a diverse economic landscape spanning technology, healthcare, financial services, manufacturing, logistics, and construction. According to the U.S. Bureau of Labor Statistics, Phoenix’s unemployment rate is hovering near the state average, though recent data for city-specific jobless rates have not been fully updated as of November 2025. In Arizona as a whole, data sugg...

Phoenix’s job market in late 2025 remains broad and opportunity-rich, with a labor force exceeding two million and steady recovery after a moderate slowdown earlier this year. According to the Arizona Office of Economic Opportunity, the seasonally adjusted unemployment rate for Arizona held at 4.1 percent as of August 2025, roughly matching the national rate. The city’s average wage sits at just below $20 per hour according to ZipRecruiter, but jobs in technology, financial services, and healthcare regularly offer significantly higher pay. Banner Health leads as the city’s top employer with more than 46,000 employees, while Walmart, Amazon, and Kroger also account for a...

Phoenix’s job market continues to outpace the national average with steady growth, fueled by strong migration gains and robust employment opportunities. The region saw about 3 percent year-over-year job growth according to the US Bureau of Labor Statistics, nearly doubling the national 2.8 percent average. Arizona projects a 14.4 percent increase in jobs by 2032, making it one of the fastest-growing labor markets in the US, as reported by the National Association of REALTORS. Construction leads all sectors with nearly 7 percent annual growth and one of the highest concentrations of construction employment nationwide, according to CompactEquip, reflecting strong infrastructure investment and housing activity. Th...

The Phoenix job market in late 2025 is robust with a diversified economy and notable momentum in advanced manufacturing, logistics, technology, healthcare, and construction. The Arizona Commerce Authority highlights a historic 10 percent growth in manufacturing employment from 2019 to 2024, far outpacing national trends. Manufacturing GDP in the state jumped 38 percent since 2018, and nearly 70 percent of major recruitment projects in Greater Phoenix target this sector. Major employers in the region include Banner Health, Wells Fargo, American Express, Amazon, Phoenix Children's, Honeywell, and Intel, with advanced manufacturing and semiconductors leading new investments. Amkor Technologies recently announced a $5 billion expansion, while new facilities from XNRGY...

The Phoenix job market in late 2025 is defined by significant growth, a dynamic employment mix, and robust employer investment. The region continues its long-standing trend of economic expansion, bolstered by record migration, major corporate relocations, and large-scale construction projects. According to Astrak’s construction analysis, Phoenix leads the nation in construction job growth at nearly 7 percent annually and has more than 8 percent of its workforce in construction jobs. The city’s median construction wage is roughly $55,400, signaling both stability and strong demand for skilled tradespeople. The Business Journals report frequent headlines about major tech developments, expansion in health care, and subs...

Phoenix’s job market is showing strong growth, driven by robust gains in advanced manufacturing, technology, logistics, and financial services. According to the Arizona Commerce Authority, the region's manufacturing sector saw an employment increase of 10% from 2019 to 2024—outpacing the national average by a factor of ten—with sector GDP surging to $39.2 billion in 2024. This surge is validated by local expansions such as Amkor’s $7 billion semiconductor campus in Peoria, Lucid’s new electric vehicle facility, and Moses Lake Industries’ advanced chemical manufacturing center in Mesa. The Greater Phoenix Economic Council highlights a series of recent investments, including Apex Power Conversion’s solar and st...

Phoenix’s job market in late 2025 is one of the most dynamic in the nation, shaped by rapid population growth, industrial expansion, and high levels of inbound migration. According to Matthews Real Estate, robust population growth and a strategic position in the Southwest are fueling industrial and commercial activity. The metro area benefits from a $165 billion semiconductor investment surge, which has been a major catalyst for job creation and new housing development. As noted by AZ Big Media and Pew Research, technology, data centers, healthcare, manufacturing, and logistics remain leading pillars of the employment landscape. Key employers include Carvana, Avnet, Co...

Phoenix’s job market in 2025 is defined by steady growth, robust population gains, and shifting demand across key industry sectors. According to the Bureau of Labor Statistics data reported by CoStar, the Phoenix area recently saw a modest but positive annual increase in total nonfarm employment. Though gains in the knowledge sector, such as tech and office-based roles, have lagged overall expansion, other areas show resilience and growth. Arizona’s vibrant economy has attracted major employers like TSMC, bolstering Phoenix’s reputation as a destination for advanced manufacturing and high-skill industry, as highlighted by ENR Mountain States. Unemployment in Phoenix has re...

Phoenix maintains its position as one of the most dynamic job markets in the Southwest, even as national and regional headwinds create some uncertainty. According to recent analysis by Kidder Mathews, the Phoenix metro’s unemployment rate in May stood at 3.6%, below both the Arizona state average of 4.1% and the national rate of 4.2%. Despite a modest year-over-year increase in unemployment, the labor market remains stable, with Arizona nonfarm employment growing by 18,300 jobs. The latest U.S. Bureau of Labor Statistics data shows that the Phoenix-Mesa-Chandler area added 35,900 jobs over the past year, making it one of the fastest-growing metro areas fo...

Phoenix continues to experience a dynamic job market marked by robust economic growth, industrial diversity, and evolving workforce needs. According to the Greater Phoenix Economic Council, the city attracted 54 new businesses in the past fiscal year alone, generating 7,206 new jobs and infusing $572 million in payroll, with more than two-thirds of these roles classified as high wage, averaging over $91,000 annually. Phoenix remains a recognized leader in economic development, drawing both domestic and growing international investment interest, especially in high-tech and advanced manufacturing.

The employment landscape is largely driven by construction, manufacturing, healthcare, logistics, and technology. Arizona Office of Economic...

Phoenix's job market presents a dynamic landscape influenced by various sectors. Major employers include Amkor, Nestlé, and Amazon, which are expanding operations in the metro area. The demand for skilled workers is high, particularly in the semiconductor and advanced manufacturing industries. However, a skills gap exists, with a need for more awareness about careers in these fields.

The unemployment rate in Phoenix was 4.2% in August, reflecting a relatively stable employment environment. The city's focus on the semiconductor industry has created over 100,000 new jobs, contributing significantly to the local economy. The Phoenix Bioscience Core is another key area, supporting e...

Phoenix remains one of the most dynamic employment markets in the country, marked by stable growth, diverse industries, and a moderate unemployment rate. The Greater Phoenix Chamber and BOK Financial report that in July 2025, Arizona’s unemployment rate was 4.1 percent, lower than the national rate of 4.2 percent, and Phoenix jobs grew by 1.5 percent over the year, adding nearly 36,000 positions according to Eller’s Economic and Business Research Center. Phoenix accounts for over 93 percent of statewide job gains, highlighting its dominant role in the region’s economy. Trade, transportation, utilities, financial activities, education, health services, construction, and professional business services all saw jo...

The job market in Phoenix in late 2025 reflects a maturing but resilient landscape with low inflation, cautious optimism, and targeted growth despite a cooling in overall hiring momentum. According to AZ Big Media, Arizona’s unemployment rate was 4.1% in July 2025, just below the 4.2% national average, indicating relative stability even as hiring softened in recent months. The Phoenix metro area has enjoyed some of the nation’s lowest inflation, with the annual inflation rate at just 1.43% for the period ending August 2025, partly due to easing housing costs. Core employment sectors in Phoenix include healthcare, construction, manufacturing, financial services, and technology, with the...

Phoenix’s job market in late 2025 remains one of the most dynamic in the Southwest, with job growth rates outpacing national averages and a rapidly diversifying economy. According to Arizona State University’s Eller Economic and Business Research Center, the Phoenix metropolitan area added 35,900 jobs over the past year, representing 1.5% growth and capturing over 93% of statewide job gains. The city’s unemployment rate holds steady at 4.1%, just below the national figure, indicating a resilient employment base even as Arizona's wider job performance remains mixed.

Trade, transportation and utilities, financial activities, education, health services, construction, and manufacturing all saw gains...

Phoenix’s job market in late 2025 is defined by dynamic growth, significant shifts in sector prominence, and ongoing government investment in workforce development. The employment landscape features robust opportunities in technology, healthcare, finance, construction, logistics, and business services. According to the Brookings Institution, Phoenix is emerging as a “star hub” for artificial intelligence, ranking just below the Bay Area and showing particular strength in firm cloud readiness and academic output tied to Arizona State University, though there are gaps in startup and venture activity in the AI sector. Recent data from Inc. 5000 highlights Phoenix-based companies like Verde Clean, Oats Overnight, Privat...

Phoenix remains one of the nation’s fastest-growing job markets, buoyed by strong economic fundamentals and rapid population growth. NewHomeSource highlights Phoenix as a leading U.S. city for job growth in 2025, tying employment expansion to stable economic development and rising housing demand. There are more than 68,000 jobs currently open in Phoenix, according to Indeed, showcasing robust opportunities for job seekers across a broad spectrum of industries.

The city’s employment landscape features a mix of well-established sectors and emerging fields. Major industries driving Phoenix’s economy include healthcare, business services, software and IT, manufacturing, construction, logistics and transp...

Phoenix’s job market in September 2025 shows a dynamic and expanding employment landscape, supported by a diverse economy and continued population growth. According to Indeed, there are over 70,000 jobs currently open in Phoenix, including roles like office assistants, stockers at major retailers such as Costco, document review specialists for state programs, and customer experience agents for tech-driven firms like Whatnot. The U.S. Bureau of Labor Statistics most recently reported Phoenix’s unemployment rate at approximately 3.5 percent, a figure that sits below the national average and reflects both strong labor demand and in-migration, though monthly data volatility is typical for rapi...

Phoenix’s job market in September 2025 is robust and on the upswing, marked by low unemployment and dynamic transformation. Arizona’s overall unemployment rate sits near 4 percent, reflecting strong demand for workers across multiple sectors—particularly in the Phoenix metro, which is a magnet for large-scale hiring and expansion, according to the University of Arizona’s Eller College of Management. In terms of employment statistics, statewide job growth is projected at 2.1 percent in 2025, rebounding from last year’s modest 1.3 percent and tracking above the national average.

The employment landscape in Phoenix is being redefined, with artificial intelligence, hybrid work sched...

The Phoenix job market in 2025 is defined by high demand, rapid transformation, and mounting competition for top talent. According to the University of Arizona's Eller College of Management, job growth is expected to rebound to 2.1 percent in 2025 after a slower 2024, with unemployment holding steady at around 4 percent, reflecting strong underlying demand for workers. Key industries driving employment include high-tech chip manufacturing, advanced manufacturing, logistics, healthcare, and construction, positions bolstered by major investments from companies like TSMC and Intel. These sectors, particularly chip production and health services, are expanding quickly as Arizona's population grows and infrastructure projects accelerate. Logistics and warehousing...

The Phoenix job market in September 2025 reflects a period of subdued growth compared to prior years. According to AZ Big Media, Arizona added 34,300 jobs in the past year for a 1.1% increase, slightly faster than the US average of 0.9 percent, yet job creation has been described as unusually slow through 2024 and 2025. The rise in unemployment, now at 4.1% compared to 3.3% earlier in the year, is paired with a notable decline in hiring and fewer voluntary quits, suggesting both caution among employers and less confidence among workers. Phoenix is part of the broader Arizona employment landscape where private education and health services significantly...

Phoenix’s job market in 2025 remains robust and dynamic, appealing to both job seekers and employers thanks to its diversified economy and steady growth. According to Indeed, over 58,000 job openings were available in early September, spanning sectors such as healthcare, retail, hospitality, logistics, and advanced manufacturing. The average annual pay for a proposal manager in Phoenix stands at around $98,785 as of June 2025, but wages vary widely depending on role and industry and reflect opportunities for advancement, as reported by ZipRecruiter. The most active job openings are in construction, manufacturing, and transportation, with small business owners continuing to struggle to fill po...

Phoenix’s job market remains resilient and dynamic, serving as a major employment hub in the Sunbelt region. According to Indeed, more than 57,800 job openings were posted in the Phoenix metropolitan area as of September 2025, reflecting strong ongoing demand across sectors ranging from customer service and logistics to healthcare and education. The latest estimates from the Arizona Office of Economic Opportunity and the U.S. Bureau of Labor Statistics indicate Phoenix’s unemployment rate as of mid-2025 is 3.2 percent, slightly below the national average, signaling an overall healthy labor environment, though true rates may fluctuate locally by industry and season. Duration: 00:04:24

Phoenix’s job market in 2025 is marked by steady labor force expansion, rising wages, and robust activity in several key industries. The workforce continues to grow, with the Phoenix-Mesa-Chandler metropolitan area adding 1.8 percent more labor force participants year-over-year in June to reach 2.8 million people. Concurrently, the region’s employment climbed 1.3 percent, totaling about 2.7 million. However, this has not entirely kept pace with labor force growth, causing the unemployment rate to rise to 4.0 percent, up half a point from a year earlier. Wages continue their ascent, with non-seasonally adjusted average hourly earnings reaching $36.51 in June, up six percent from the previous year...

The Phoenix job market continues to show robust growth in 2025, supported by steady in-migration, diverse industries, and a dynamic economic landscape. Phoenix's employment rate rose by 1 percent this year, contributing to its ranking as one of the top growth cities in the nation, with the median income now reaching $50,209 according to Phoenix Metro Cities Dominate US Economic Growth Rankings. Key sectors driving employment include health care, social assistance, education, retail trade, hospitality, professional services, technology, transportation, logistics, and manufacturing, as discussed by sources like EZ Home Search and Phoenix Metro economic reports. Industrial activity remains especially strong, with Phoenix now...

The job market in Phoenix in August 2025 is robust and dynamic, reflecting national economic trends but standing out due to strong population growth, public investment, and private sector expansion. According to Indeed, there are over 53,000 open positions within the Phoenix metro, highlighting a healthy level of demand for workers. The employment landscape is diverse, with key sectors including healthcare, technology, education, distribution and logistics, tourism, and a rapidly expanding energy industry. Phoenix Energy's most recent financial filings show significant growth in oil production, infrastructure expansion, and employment gains, indicating that energy remains a substantial employer and economic driver. Tech and...

Phoenix continues to experience robust job market growth, marked by a diversified employment landscape and dynamic changes as of August 2025. According to Indeed, there are over 58,000 job openings listed in the Phoenix metro area, highlighting active demand across multiple sectors. The unemployment rate in Phoenix, while not specified in the referenced sources, has remained steady and below the national average in recent years according to national labor trends, reflecting solid job creation and strong population inflows. The average annual salary for workers in Phoenix is approximately $62,000, as reported by ZipRecruiter, demonstrating that the area offers competitive wages, especially given its...

Phoenix’s job market remains resilient, diversified, and moderately tight, with steady hiring in healthcare, logistics, government, construction, and tech-enabled services, alongside easing wage pressures and cooling from 2021–2023 peaks. According to the U.S. Bureau of Labor Statistics, the Phoenix-Mesa-Scottsdale metro unemployment rate averaged near the mid-3% to low-4% range in early to mid-2025, reflecting near-full employment conditions while job growth decelerated from pandemic-era highs. The employment landscape is anchored by major industries: healthcare and hospitals, financial services and insurance, aerospace and defense, advanced manufacturing, construction and trades, retail and hospitality, and public sector agencies. Marquee employers include Banner Health, Dign...

The Phoenix job market in August 2025 is showing strong momentum with diversified growth and shifting trends. Phoenix is recognized as a strategic growth market by national companies and continues to lead the nation in industrial development, delivering record new supply between 2020 and 2024. Vacancy rates for industrial space have risen to 9 percent recently, a consequence of rapid construction and shifting demand. Data centers and logistics remain robust, fueled by e-commerce, but face new challenges like tariff uncertainties and rising operational costs, while recent government action, such as the AI Action Plan, aims to support tech-driven sectors.

Major industries driving...

Phoenix’s job market remains one of the most dynamic and diverse in the nation, anchored by its strong local economy and position as the fifth-largest city in the United States. Phoenix offers employment opportunities across healthcare, technology, finance, manufacturing, and more, with growing demand even amidst recent cooling in job growth. Randstad USA notes that the city is attractive due to its affordable living costs, climate, and access to major outdoor destinations, making it a favorable spot for professionals and families seeking high quality of life. Despite nationwide economic uncertainty and a slowdown in national private sector job creation as...

Phoenix’s job market in mid-2025 shows both resilience and rapid transformation, shaped by major investments and shifting sector dynamics. The landscape is powered by significant growth in semiconductor manufacturing, aerospace and defense, industrial, and technology sectors. According to In Business Magazine and Lightcast, the region has seen nearly a 50% surge in semiconductor job postings year over year, fueled by over $205 billion in recent investments and the presence of industrial giants like TSMC, Intel, and Applied Materials. However, this growth has exposed a serious talent gap, especially for specialized roles in engineering, logistics, and advanced manufacturing. The McKinsey & Company forecast si...

Phoenix’s job market in July 2025 remains dynamic and highly competitive, characterized by steady population growth, diversified economic drivers, and ongoing employer demand. The metro area supports over 57,000 open positions according to Indeed, with roles ranging across logistics, health care, finance, education, technology, and public administration. Labor market observers, including the U.S. Bureau of Labor Statistics, indicate the Phoenix-area unemployment rate holds near 3.8 percent in mid-2025, which is slightly tighter than the state average, reflecting robust job-seeker activity for a city of its size. Logistics and warehousing, fueled by e-commerce expansion and the area’s strategic Southwestern location, are lead...

Phoenix’s job market remains robust in 2025, marked by record job creation and strong investment across major industries. According to the Arizona Commerce Authority, the state saw a record 24,285 new jobs created in the fiscal year ending June 30, 2025, with an average wage nearing $96,000 and more than $31 billion invested in local communities. Phoenix leads the state in this expansion due to its diverse economic base and population growth. The employment landscape brings together technology, manufacturing, healthcare, construction, retail, education, and logistics. Healthcare and life sciences are especially prominent, anchored by the Phoenix Bioscience Core and expansions by the Mayo Clinic that ar...

Phoenix continues to showcase economic resilience in a national environment of slowing job growth. According to Real Estate Daily News, Arizona’s unemployment rate remains steady at 4.1% as of June 2025, a level that reflects both stable employment and sustained job creation across key sectors. Phoenix is ranked among the top metro markets for job seekers, especially recent graduates, thanks to robust hiring across multiple industries and an affordable cost of living, according to an ADP Research Institute report. Notably, although hiring has slowed nationally since the 2022 peak, Phoenix continues attracting job seekers with strong hiring activity and moderate wage levels. Duration: 00:03:43

According to ADP Research Institute’s 2025 report, Phoenix experienced a significant improvement in its metro job market rank, moving from the 20th to the 87th percentile over the previous year. This shift is attributed to rising median annual wages—up from $47,840 to $49,252—and an increase in hiring rate from 2.3 to 2.9 percent. The employment landscape in Phoenix is now marked by robust opportunities, buoyed by tech, manufacturing, healthcare, biotechnology, and construction. The Arizona Commerce Authority highlights that Phoenix is internationally recognized for innovation, with Hadrian recently announcing a $200 million investment in Mesa to develop a manufacturing and software hub. This project is exp...

The Phoenix job market in mid-2025 is characterized by robust expansion and an influx of both companies and new residents. According to AZ Big Media, the city boasts one of the lowest unemployment rates among the nation’s major metros, currently at 5.1 percent, reflecting resilience even as national economic conditions fluctuate. The Arizona Commerce Authority highlights that statewide job creation hit a new record for Fiscal Year 2025, with businesses committing to create over 24,000 new positions at an average annual wage nearing $96,000, alongside more than $31 billion in local investment. Major healthcare, technology, and semiconductor projects account for much of this growth, wi...

Phoenix is experiencing a robust job market with notable economic momentum and one of the lowest unemployment rates in the region, estimated at about 3.1 percent according to JVM Lending. Key drivers include a manufacturing boom and Phoenix’s emergence as a tech and logistics hub, which has attracted a surge of both domestic and international employers. The city’s workforce benefits from strong population growth, a pro-business climate, and proximity to major transportation networks. According to the Phoenix Business Journal, the recent industrial expansion is leading to record-breaking economic output across Arizona, with the semiconductor and logistics sectors seeing especially pron...

The Phoenix job market in mid-2025 is experiencing a period of moderate growth with some challenges. According to AZ Big Media, job growth in Arizona slowed notably, with 2024’s statewide job growth revised down to 1.3% and 2025 projections decelerating further to about 1%. The Phoenix metro area reflects this overall pattern. The strongest job gains recently have been in private education, health services, construction, government, and leisure and hospitality, while professional and business services, financial activities, and the information sector have seen significant losses. The U.S. Bureau of Labor Statistics, cited by the Arizona Republic, confirms that Arizona’s ranking for job...

The Phoenix job market in 2025 is experiencing a period of transition, characterized by slowing growth after several years of national outperformance. According to Arizona’s Economic and Business Research Center, job growth across the state, including Phoenix, has decelerated, with revised estimates showing Phoenix's job growth rate slowing from an earlier 2.1 percent to just 1.3 percent in 2024. The outlook for 2025 predicts further moderation, with job growth expected to dip to around 1 percent. This puts Arizona and Phoenix in the middle of the national pack, a sharp shift after years when the region regularly ranked at or near the top for job cr...

The job market in Phoenix, particularly in the Greater Phoenix area, has shown a mix of stability and subtle changes in recent months. The employment landscape remains relatively strong, though it has transitioned to a more normalized growth rate following the rapid rebound from the pandemic-induced recession.

As of May 2025, the seasonally adjusted unemployment rate in Arizona, which encompasses the Phoenix area, remained steady at 4.1%, mirroring the national rate of 4.2%. Despite this stability, nonfarm employment in Arizona saw a month-over-month decrease of 19,300 jobs from April to May 2025, representing a 0.6% decline. Major sectors experiencing job losses include Government (-7,200...

The job market in Phoenix is characterized by robust growth and diverse opportunities across various sectors. The employment landscape is marked by a strong presence of industries such as technology, biosciences, finance, and climate technology. Manufacturing, particularly in aerospace and automotive, is also a significant sector, with companies investing heavily in advanced manufacturing and automation.

Statistics indicate that the Phoenix area is home to over 45,000 employees in the manufacturing sector alone, spread across Maricopa and Pinal counties. Employment projections suggest annual growth rates of 2.8% in Health Care and Social Assistance, 1.7% in Construction, and 1.5% in Leisure and Hospitality.
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The job market in Phoenix has shown a mixed performance in recent months. Despite some overall growth, there are significant sectoral variations and year-over-year declines in certain industries.

In terms of employment landscape, Phoenix experienced a 0.3% drop in jobs over the year in February, with a total loss of 7,500 jobs. This decline was largely driven by losses in professional and business services, construction, manufacturing, information, trade, transportation, and utilities, as well as leisure and hospitality. However, there were gains in private education and health services, government, other services, and natural resources and mining[2].

Statistics indicate that...

The job market in Phoenix has shown a mix of stability and challenges in recent months. Despite some slowdown, Phoenix remains one of the faster-growing job markets in the U.S.

In terms of employment landscape, Phoenix added 4,300 seasonally-adjusted jobs in February 2025, though this is a modest increase compared to previous months. However, the Phoenix Metropolitan Statistical Area (MSA) saw a 0.3% drop in jobs over the year, with significant losses in industries such as professional and business services, construction, manufacturing, and trade, transportation, and utilities. These losses were partially offset by gains in health services, private education, and...

The job market in Phoenix is characterized by robust growth and diverse employment opportunities. The city's economy is driven by several key industries, including healthcare, technology, finance, and manufacturing. Banner Health, one of the largest nonprofit healthcare systems in the country, is a leading employer with over 50,000 employees statewide. Honeywell Aerospace, headquartered in Phoenix, is another major employer, providing numerous roles in engineering, manufacturing, and research.

The employment landscape in Phoenix is marked by a strong presence of manufacturing and aerospace sectors. Advanced manufacturing and automation are booming fields, with companies expanding operations and creating demand for engineers...

The job market in Phoenix is characterized by a thriving and diverse economy, making it an attractive destination for job seekers. The employment landscape is driven by several key industries, including healthcare, technology, finance, and manufacturing. Banner Health, one of the largest nonprofit healthcare systems in the country, is a leading employer with over 50,000 employees statewide, offering a wide range of roles in healthcare, administration, and technology[2].

In terms of statistics, the healthcare and social assistance sector is projected to add 27,123 jobs annually from 2024 to 2026, growing at a rate of 2.8% per year. The construction sector is also expected...

The job market in Phoenix is characterized by a thriving and diverse economy, making it an attractive destination for career seekers. The city, being the fifth-largest in the United States, boasts a favorable business climate and strong infrastructure, which supports a wide range of industries including healthcare, technology, finance, and manufacturing.

The employment landscape in Phoenix is robust, with major employers such as Banner Health, one of the largest nonprofit healthcare systems in the country, and Honeywell Aerospace, a global leader in the aerospace and defense industry. These companies offer a plethora of job opportunities in various fields...

The job market in Phoenix has shown steady growth, though at a more normalized rate compared to the previous years. As of April 2025, Arizona's nonfarm employment, which includes the Phoenix area, increased by 20,900 jobs month over month, representing a 0.6% growth[2].

The employment landscape in Greater Phoenix is diverse, with professional and business services being the largest industry, accounting for one out of every six jobs. Healthcare is the second-largest industry and has been the fastest-growing sector, adding 20,900 jobs year over year as of the end of 2024[5].

Key statistics include a seasonally adjusted unemployment rate of 4.1% in...

The job market in Phoenix is robust and diverse, with various sectors contributing to its economic growth. The employment landscape is characterized by a mix of industries, including tech, biosciences, finance, climate technology, and manufacturing.

Statistics indicate that the Phoenix area has a total nonfarm employment base, with significant contributions from sectors such as manufacturing, trade, transportation, and utilities, as well as professional and business services. Average weekly wages in the Phoenix metro area were $1,358 in the third quarter of 2024, slightly below the national average of $1,394[5].

Trends show a strong growth in advanced manufacturing, particularly in...

The job market in Phoenix is characterized by steady growth and a diverse employment landscape. As of April 2025, the seasonally adjusted unemployment rate in Arizona, which encompasses the Phoenix area, remained stable at 4.1%, aligning closely with the U.S. rate of 4.2%[1].

In terms of employment statistics, Phoenix saw a notable increase in jobs from March to April 2025, with Arizona's nonfarm employment rising by 20,900 jobs, a 0.6% increase. Major sectors contributing to this growth include Health Care and Social Assistance with 6,400 jobs, Trade, Transportation & Utilities with 3,400 jobs, and Professional & Business Services with 2,800 jobs[1].

Trends indicate that employment growth...

The job market in Phoenix is characterized by a mix of growth and challenges. Despite some slowdown, Phoenix remains one of the most dynamic economies in the U.S., driven by innovation across various industries.

In terms of employment landscape, Phoenix experienced a drop in jobs over the year ending in February, with a 0.3% decrease in the Phoenix Metropolitan Statistical Area (MSA). This was largely due to losses in sectors such as professional and business services, construction, manufacturing, information, trade, transportation, and utilities, and leisure and hospitality. However, there were gains in private education and health services, government...

The job market in Phoenix has shown a mixed performance at the beginning of 2025. Despite some gains, the overall job growth has been slow. In February, the Phoenix Metropolitan Statistical Area (MSA) saw a 0.3% drop in jobs over the year, with 7,500 fewer jobs. This decline was largely due to losses in industries such as professional and business services, construction, manufacturing, information, trade, transportation, and utilities, and leisure and hospitality. However, there were gains in private education and health services, as well as smaller increases in government and other services[1].

The unemployment rate in Arizona, which includes the Phoenix...

The job market in Phoenix has experienced a mixed performance at the beginning of 2025. Despite some gains, the overall trend shows a slowdown in job growth. In February, the Phoenix Metropolitan Statistical Area (MSA) saw a 0.3% drop in jobs over the year, with a total loss of 7,500 jobs. This decline was largely due to losses in industries such as professional and business services, construction, manufacturing, information, trade, transportation, and utilities, and leisure and hospitality. However, there were gains in private education and health services, government, other services, and natural resources and mining.

The unemployment rate in Arizona, which...

The job market in Phoenix has shown a mixed performance at the beginning of 2025. Despite some gains, the overall trend indicates a slowdown compared to previous years. In February, the Phoenix Metropolitan Statistical Area (MSA) saw a 0.3% drop in jobs over the year, with a total loss of 7,500 jobs. This decline was largely due to losses in industries such as professional and business services, construction, manufacturing, information, trade, transportation, and utilities, and leisure and hospitality. However, there were gains in private education and health services, as well as smaller increases in government and other services[1].

Employment growth in...

The job market in Phoenix is characterized by a mix of growth and challenges. As of March 2025, the Arizona seasonally adjusted unemployment rate, which reflects the broader state including Phoenix, increased to 4.1% from 3.9% in February 2025.

In terms of employment landscape, Phoenix has experienced a slow start to 2025. Despite adding 10,200 nonfarm jobs in March, which places Arizona 12th among all states in monthly job growth, the year-over-year job growth has been negative. From March 2024 to March 2025, Arizona saw a decrease of 16,400 nonfarm jobs, a 0.5% drop. Specific sectors in Phoenix have been affected differently; health care and social assistance saw...

The job market in Phoenix is characterized by a mix of growth and challenges. As of March 2025, the Arizona seasonally adjusted unemployment rate increased to 4.1% from 3.9% in February, indicating a slight rise in unemployment.

The employment landscape in Phoenix is diverse, with the city experiencing significant economic growth over the past decade. Phoenix has evolved into a hub for various industries, including technology, biosciences and healthcare innovation, manufacturing, and aerospace. Despite this growth, recent job gains have been modest; Arizona added 10,200 nonfarm jobs in March, which is a 0.31% increase but a 0.3% decrease year-over-year.

Statistics show that...

The job market in Phoenix is characterized by a mix of growth and challenges. Despite a slow start to 2025, Phoenix remains one of the dynamic economies in the U.S., driven by innovation across various industries.

The employment landscape in Phoenix has seen some fluctuations. In March 2025, Arizona gained 10,200 nonfarm jobs, though this represents a 0.3% monthly growth and a 0.3% year-over-year decline. The Phoenix Metropolitan Statistical Area (MSA) experienced job losses in several sectors, including professional and business services, construction, manufacturing, and leisure and hospitality, which offset gains in private education and health services, government, and other services[1][3].
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The job market in Phoenix has maintained a strong employment landscape despite some recent fluctuations. In 2024, Greater Phoenix added 40,000 jobs, bringing the total employment to just above 2.5 million people. The region saw significant growth in the healthcare sector, which added 20,900 jobs year over year, making it the fastest-growing and second-largest industry in the area. Other sectors that added more than a thousand jobs included government, wholesale trade, transportation and utilities, education, and real estate.

Employment growth in Greater Phoenix was on par with the national average, at 1.4% year over year through December 2024. Over the past decade, the region...

The job market in Phoenix is characterized by a mix of positive and challenging trends as it enters 2025. Despite some fluctuations, the region has maintained a strong employment landscape, with Greater Phoenix adding 40,000 jobs in 2024, bringing total employment to 2.5 million people.

In terms of statistics, Arizona's job growth in 2024 was weaker than initially estimated, with a revised growth rate of 1.3% compared to the preliminary 2.1%. Recently, Arizona jobs were down 13,500 over the year in February, translating to a 0.4% decline. However, the Phoenix-Mesa-Scottsdale MSA recorded a 2.1% job growth over the year, one of the highest among Arizona's metro areas.
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The job market in Phoenix is characterized by a mix of positive and challenging trends as it enters 2025. Despite some fluctuations, the region has maintained a strong employment landscape, with a low unemployment rate of 3.9% as of January 2025, slightly below the national average of 4.0%.

In terms of statistics, Greater Phoenix added 40,000 jobs in 2024, bringing total employment to 2.5 million people. The University of Arizona projects a 2% regional job growth for 2025, slightly outpacing the national rate. However, recent revisions indicate that Arizona's job growth in 2024 was weaker than initially estimated, with a revised growth rate of 1.3% compared to the preliminary 2.1%.<...

The job market in Phoenix is characterized by robust growth and a diverse employment landscape. Despite some revisions, the region added 40,000 jobs in 2024, bringing total employment to 2.5 million people, with the University of Arizona projecting a 2% job growth rate for 2025, slightly outpacing the national average.

The employment landscape in Phoenix is marked by low unemployment rates, with a 3.5% rate in 2024, one of the lowest among major metros. This low unemployment has been accompanied by decreasing inflation, which dropped to 1.6% in 2024, below the national rate of 2.9%. However, recent data shows a slight increase in the unemployment rate to 3.9% in...

The job market in Phoenix is characterized by robust growth and a diverse employment landscape. Despite some revisions to job growth figures, Phoenix continues to outperform national averages in several key metrics. In 2024, the region added 40,000 jobs, bringing total employment to 2.5 million people, with a projected job growth rate of about 2% for 2025, slightly above the U.S. rate[1].

The employment landscape is marked by low unemployment rates, with a 3.5% rate in 2023 and a slight increase to 3.9% in January 2025 for the state of Arizona. This low unemployment is coupled with decreasing inflation, which was at 1.6% in 2024, below the national...

The job market in Phoenix is characterized by robust growth and a diverse employment landscape. Despite some revisions, the region added 39,200 jobs in 2024, with a growth rate of 1.6%, slightly outpacing the national average[3].

The employment landscape in Phoenix is marked by low unemployment rates, with a rate of 3.5% in 2023 and a slight increase to 3.9% in January 2025. This low unemployment is coupled with decreasing inflation, which was at 1.6% in 2024, below the national rate of 2.9%[1][3].

Key statistics include the addition of 40,000 jobs in 2024, bringing total employment to 2.5 million people. The University of Arizona projects a 2% job growth rate...

The job market in Phoenix is characterized by a strong and resilient economy, despite some recent adjustments. In 2024, the region experienced a low unemployment rate of 3.5%, which is significantly lower than the national average. This rate coincided with a healthy inflation level of 1.6%, below the national rate of 2.9%, indicating a balanced economic environment.

Employment in Phoenix has been robust, with the region adding 40,000 jobs in 2024, bringing total employment to 2.5 million people. The University of Arizona projects a 2% job growth rate for 2025, slightly outpacing the national rate. Major industries driving job growth include private education and health services, construction...

The job market in Phoenix is robust and continues to show positive trends as it enters 2025. The region ended 2024 with total nonfarm employment just above 2.5 million, marking a significant increase from the previous year. The employment landscape is characterized by low unemployment rates and healthy employment growth, with the unemployment rate in December 2024 standing at 3.1%, down from 3.4% a year earlier. This rate has remained below 4% since August 2021.

Key statistics include a projected job growth rate of about 2% in 2025, slightly outpacing the national average. The healthcare sector added 20,900 jobs in 2024, making it the second-largest industry in Greater Phoenix, accounting...

The job market in Phoenix is robust and continues to show positive trends as it enters 2025. The region ended 2024 with total nonfarm employment just above 2.5 million, having added 40,000 jobs throughout the year, which is slightly outpacing the national job growth rate[2].

The employment landscape in Greater Phoenix is characterized by low unemployment rates and healthy employment growth. The unemployment rate in December 2024 was 3.1%, down from 3.4% a year earlier, and has remained below 4% since August 2021. This low unemployment rate is accompanied by a decrease in inflation, with the region's inflation rate at 1.6% in 2024, below the national rate of 2.9%[2].
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The job market in Phoenix is characterized by a mix of positive and challenging trends. Despite a strong overall economic performance, there are nuances in the employment landscape. In 2024, Greater Phoenix added 40,000 jobs, bringing total employment to 2.5 million people, with the University of Arizona projecting a 2% job growth rate for 2025, slightly outpacing the national average.

The employment landscape is marked by low official unemployment rates, with a reported 3.5% in 2023, although a more comprehensive analysis by the Ludwig Institute for Shared Economic Prosperity suggests a "true" unemployment rate of 21.9%, highlighting a significant segment of residents struggling to secure full-time...

The job market in Phoenix is characterized by robust growth and a diverse employment landscape. In 2024, the region added 40,000 jobs, bringing total employment to 2.5 million people, with a projected job growth rate of about 2% for 2025, slightly outpacing the national rate.

The employment landscape in Phoenix is driven by several major industries, including healthcare, technology, finance, and manufacturing. Key employers such as Banner Health, Honeywell Aerospace, Intel Corporation, Wells Fargo, and American Express contribute significantly to the job market. These companies offer a wide range of roles in healthcare, engineering, finance, and technology.

Statistics indicate that Phoenix...

The job market in Phoenix is characterized by strong economic growth and a diverse employment landscape. In 2024, the region added 40,000 jobs, bringing the total employment to 2.5 million people. The University of Arizona projects a 2% job growth rate for 2025, slightly outpacing the national average.

The employment landscape in Phoenix is driven by several major industries, including healthcare, technology, finance, and manufacturing. Key employers such as Banner Health, Honeywell Aerospace, Intel Corporation, Wells Fargo, and American Express contribute significantly to the job market. Banner Health, for instance, is one of the largest nonprofit healthcare systems in the country and a...

The job market in Phoenix is characterized by robust growth and a diverse range of employment opportunities. Despite some national economic uncertainties, the region has maintained a strong economic outlook. In 2024, Phoenix added 40,000 jobs, bringing the total employment to 2.5 million people, with a projected job growth rate of about 2% for 2025, slightly outpacing the national rate.

The employment landscape in Phoenix is marked by low unemployment rates, with an official rate of 3.5% in 2023. However, a more comprehensive analysis suggests a higher "true unemployment rate" of 21.9%, considering individuals earning less than $25,000 per year and those who have ceased their job...

The job market in Phoenix is characterized by robust growth and a diverse range of industries. The region added 40,000 jobs in 2024, bringing the total employment to 2.5 million people. For 2025, the University of Arizona projects a job growth rate of about 2%, slightly outpacing the national average.

The employment landscape in Phoenix is marked by a low official unemployment rate of 3.5% in 2023, although a more comprehensive analysis by the Ludwig Institute for Shared Economic Prosperity reveals a "true unemployment rate" of 21.9%. This discrepancy arises from the inclusion of individuals earning less than $25,000 per year and those who have ceased their...

The job market in Phoenix is robust and diverse, driven by a combination of favorable business policies, a strategic location, and a strong talent pipeline from local universities. The employment landscape is characterized by significant job growth, with Greater Phoenix adding 40,000 jobs in 2024, bringing total employment to 2.5 million people. For 2025, the University of Arizona projects a regional job growth rate of about 2%, slightly outpacing the national average.

Employment statistics show that Arizona's seasonally adjusted unemployment rate was 3.8% in December 2024, slightly higher than the previous month but lower than the U.S. rate of 4.1%. Year over year, Arizona's nonfarm...

The job market in Phoenix is characterized by robust growth and diversification, making it one of the most dynamic economies in the U.S. The city's economic expansion is driven by business-friendly policies, a strategic location, and a strong talent pipeline from local universities.

The employment landscape in Phoenix is marked by a diverse range of industries. Technology is a driving force, with major players like Intel, TSMC, and Lucid Motors establishing a strong presence. The biosciences and healthcare sectors are also thriving, with institutions like the Phoenix Bioscience Core and Mayo Clinic leading innovation. Manufacturing and aerospace...

The job market in Phoenix is characterized by robust growth and a diverse employment landscape. According to the University of Arizona, the region is projected to see a 2% job growth in 2025, slightly outpacing the national average. In 2024, Greater Phoenix added 40,000 jobs, bringing the total employment to 2.5 million people.

Employment statistics indicate a healthy labor market. The unemployment rate in Phoenix stood at 3.20% as of December 2024, down from 3.50% the previous month and 3.40% a year ago. This rate is significantly lower than the long-term average of 5.37%.

Major industries driving the economy include healthcare, technology, finance, and manufacturing. Key...

The job market in Phoenix is characterized by robust growth and a diverse range of industries. As of the end of 2024, the region boasted total nonfarm employment of just above 2.5 million, with an increase of 33,500 jobs compared to December 2023. This growth is driven by sectors such as healthcare, which added 20,900 jobs year over year and is now the second-largest industry in the area, accounting for more than 14% of the economy. The largest industry remains professional and business services, which accounts for one out of every six jobs in the market.

Employment statistics indicate a healthy job market, with...

The job market in Phoenix is experiencing significant growth and development, solidifying the city's position as a major tech hub. As of 2025, Phoenix employs over 108,380 tech professionals, with the tech sector expanding twice as fast as other industries. This growth is driven by major investments, including Google's $600 million campus and Intel's $20 billion chip factories.

The employment landscape in Phoenix is characterized by a competitive workforce and a pro-business climate. The region offers low business costs, minimal regulation, and an advantageous operating environment, making it attractive for various industries such as advanced business services, aerospace and defense, biosciences, and...

The job market in Phoenix is characterized by robust growth and diversification, driven by innovation across various industries. Phoenix has evolved into a dynamic economy, attracting both emerging talent and expanding companies. The city's business-friendly policies, strategic location, and strong talent pipeline from local universities have fueled this growth.

The employment landscape in Phoenix is marked by a competitive workforce with a low unemployment rate. As of December 2024, the unemployment rate for degreed professionals was 2.4%, indicating a highly competitive market for skilled talent. The job market remains strong, with major layoffs significantly declining and employee turnover decreasing from 215...

The job market in Phoenix is experiencing significant growth and transformation, solidifying the city's position as a major tech and economic hub. Phoenix employs over 108,380 tech professionals, with the tech sector expanding twice as fast as other industries. This growth is driven by major investments, such as Google's $600 million campus and Intel's $20 billion chip factories.

In terms of employment landscape, Phoenix offers competitive salaries, with entry-level developers starting at $65,000 to $85,000 and experienced professionals earning over $100,000. High-demand roles include AI specialists, cybersecurity experts, and cloud computing professionals, with salaries for these positions often exceeding $120,000 to $150,000 annually.

Statistics...

The job market in Phoenix is experiencing significant growth and transformation, solidifying the city's position as a major tech and economic hub. Phoenix employs over 108,380 tech professionals, with the tech sector expanding twice as fast as other industries, driven by major investments from companies like Google and Intel.

The employment landscape in Phoenix is diverse, with a strong presence of industries such as aerospace, defense, autonomous and electric vehicles, biosciences, semiconductors, and software. The city boasts a competitive workforce, with low business costs, minimal regulation, and an advantageous operating environment. Major employers include Intel, Google, Boeing, Northrop Grumman...

The job market in Phoenix is experiencing significant growth and transformation, particularly in the tech sector. Phoenix has emerged as a top tech hub, employing over 108,380 tech professionals, with the industry expanding twice as fast as other sectors. Major investments by companies like Google and Intel, including Google's $600 million campus and Intel's $20 billion chip factories, are driving this growth.

The employment landscape in Phoenix is diverse, with major industries including real estate, financial services, manufacturing, healthcare, retail, and professional services. Manufacturing, which includes the production of computers, electronic equipment, and aerospace parts, is a significant sector. The city...

The job market in Phoenix is experiencing significant growth and expansion, solidifying the city's position as a burgeoning tech hub. The Arizona Tech Council reports that the state's tech industry employs over 183,000 workers and contributes $28.3 billion to the local economy annually. Major companies such as Intel, Honeywell, and GoDaddy are expanding their presence in the area, driving this growth.

The employment landscape in Phoenix is diverse, with key industries including manufacturing, healthcare, financial services, and retail. Manufacturing, particularly in the production of computers and electronic equipment, is a significant sector. The city is also home to several Fortune 500...

The job market in Phoenix is experiencing significant growth and expansion, solidifying the city's position as a burgeoning tech hub. The Arizona tech industry employs over 183,000 professionals and contributes $28.3 billion to the local economy annually. Major companies such as Intel, Honeywell, and GoDaddy are expanding their presence in the area, driving this growth.

The employment landscape in Phoenix is characterized by substantial job growth projections. Software developers are expected to see a 25% increase in jobs, while information security analysts will experience a 35% increase, and computer systems analysts a 9% increase. The demand for skilled tech professionals is rising, particularly...

The job market in Phoenix is experiencing significant growth and expansion, solidifying the city's position as a burgeoning tech hub. The tech industry in Phoenix employs over 183,000 professionals and contributes $28.3 billion to the local economy annually. Major companies such as Intel, Honeywell, and GoDaddy are expanding their presence, creating a vibrant tech scene.

The employment landscape is characterized by substantial job growth projections. Software developers are expected to see a 25% increase, computer systems analysts a 9% increase, and information security analysts a remarkable 35% increase by 2024. In-demand skills include cloud computing, cybersecurity, data analytics, and proficiency in programming languages like...

The job market in Phoenix is experiencing significant growth and transformation, making it an attractive location for tech and other professional careers. The city is emerging as a bustling tech hub, with major industry players such as Intel, Honeywell, and GoDaddy expanding their presence. Arizona's tech industry employs over 183,000 professionals and contributes $28.3 billion to the local economy annually.

The employment landscape in Phoenix is characterized by substantial job growth projections. According to labor statistics, software developers are expected to see a 25% increase in job opportunities, computer systems analysts a 9% increase, and information security analysts a 35% increase by 2024. The...

The job market in Phoenix is characterized by strong growth and a competitive landscape. As of 2024, the tech industry in Phoenix is expanding significantly, with major players like Intel and TSMC investing billions, leading to a projected 2.4% growth in the tech sector and the addition of over 4,000 new tech jobs[1].

The overall employment landscape in Phoenix is robust, with nonfarm jobs increasing by 74,300 over the year in July 2024, a 2.4% growth rate that outpaces the national average of 1.6%[2]. The Phoenix Metropolitan Statistical Area accounted for 82.9% of the state's job gains, with a 2.6% growth rate over the year[2].

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The job market in Phoenix, Arizona, is characterized by strong growth and a competitive landscape. As of 2024, Phoenix is emerging as a significant tech hub, with major companies like Intel, Honeywell, and GoDaddy expanding their presence. The Arizona tech industry employs over 183,000 professionals and contributes $28.3 billion to the local economy annually. Job growth projections are substantial, with a 25% increase for software developers, a 9% increase for computer systems analysts, and a 35% increase for information security analysts by 2024[1].

The overall employment landscape in Phoenix is robust, with nonfarm jobs increasing by 74,300 over the year in July 2024, a 2.4% growth rate that...

The job market in Phoenix is characterized by strong growth and a competitive landscape. As of 2024, the tech industry in Phoenix is booming, with significant investments from major players like Intel, Honeywell, and TSMC, contributing to a tech industry that employs over 183,000 professionals and adds $28.3 billion to the local economy annually[1].

The overall employment landscape in Phoenix is robust, with nonfarm jobs increasing by 74,300 over the year in July 2024, a 2.4% growth rate that outpaces the national average of 1.6%[2]. The Phoenix Metropolitan Statistical Area accounted for 82.9% of the state's job gains, with a 2.6% growth rate over the year[2].
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The job market in Phoenix is characterized by strong growth and a competitive landscape. As of 2024, Phoenix is emerging as a significant tech hub, with major players like Intel, Honeywell, and GoDaddy expanding their presence. The Arizona tech industry employs over 183,000 professionals and contributes $28.3 billion to the local economy annually[1].

The employment landscape in Phoenix is robust, with nonfarm jobs increasing by 74,300 over the year in July 2024, a 2.4% growth rate that outpaces the national average of 1.6%[2]. The Phoenix Metropolitan Statistical Area accounted for 82.9% of the state's job gains, with a 2.6% growth rate over the year[2].

Key...

The job market in Phoenix is characterized by strong growth and a competitive labor landscape. As of 2024, the Phoenix Metropolitan Statistical Area is driving significant job gains, with nonfarm jobs increasing by 74,300 over the year, translating to a 2.4% growth rate, outpacing the national average of 1.6%[2].

The employment landscape is robust, with major industries such as Health Care and Social Assistance, Professional and Business Services, Trade, Transportation & Utilities, and Financial Activities leading the growth. For instance, from October 2023 to October 2024, Health Care and Social Assistance added 25,000 jobs, and Financial Activities added 5,800 jobs[4]. The tech sector is also booming, with...

The job market in Phoenix remains robust and highly competitive, driven by strong job growth and a tight labor market. As of October 2024, the Phoenix Metropolitan Statistical Area (MSA) has seen significant job gains, with nonfarm jobs increasing by 52,400 year-to-date, translating to a 2.2% growth rate, which is higher than the national average[1][2].

The employment landscape is characterized by low unemployment rates; the seasonally adjusted unemployment rate in Arizona ticked up to 3.6% in October 2024, still below the national rate of 4.1%[2][4]. The ratio of job openings to unemployed residents in Arizona is 1.6, significantly higher than the national ratio of 1.2, indicating...

The job market in Phoenix remains robust and highly competitive, driven by strong job growth and a tight labor market. As of October 2024, the Phoenix Metropolitan Statistical Area (MSA) has seen significant job gains, with nonfarm jobs increasing by 52,400 year-to-date, translating to a 2.2% growth rate, outpacing the national average[1][2].

The employment landscape is characterized by low unemployment rates; the seasonally adjusted unemployment rate in Arizona ticked up to 3.6% in October 2024, still below the national rate of 4.1%[2][4]. The ratio of job openings to unemployed residents in Arizona is 1.6, significantly higher than the national ratio of 1.2, indicating a tight labor...

The job market in Phoenix, Arizona, remains highly competitive and robust, driven by strong job growth and a tight labor market. As of October 2024, the seasonally adjusted unemployment rate in Arizona increased to 3.6% from 3.5% in September, still below the national rate of 4.1%[2][4].

In terms of employment landscape, Arizona saw a significant increase in nonfarm jobs, with 65,000 jobs added since October 2023, representing a 2.0% growth rate, outpacing the national average[1][4]. The Phoenix Metropolitan Statistical Area accounted for 82.9% of the state's job gains, with a 2.6% growth rate over the year[2].

Key statistics include a year-over-year increase in Arizona's nonfarm...

The job market in Phoenix, Arizona, remains robust and highly competitive, driven by strong job growth and a tight labor market. As of October 2024, the seasonally adjusted unemployment rate in Arizona increased to 3.6% from 3.5% in September, still below the national rate of 4.1%[2][4].

The employment landscape in Phoenix is characterized by significant job growth, with Arizona's nonfarm employment increasing by 65,000 jobs (2.0%) from October 2023 to October 2024. The Phoenix Metropolitan Statistical Area, which includes Maricopa and Pinal counties, accounted for 82.9% of the state's job gains, with a 2.6% growth rate over the year[2].

Key statistics include major sectoral gains in...

The job market in Phoenix remains robust and highly competitive, driven by strong job growth and a tight labor market. As of October 2024, Arizona's seasonally adjusted unemployment rate slightly increased to 3.6% from 3.5% in September, still below the national rate of 4.1%[2][4].

The employment landscape in Phoenix is characterized by significant job growth, with nonfarm jobs increasing by 74,300 over the year in July 2024, a 2.4% growth rate that outpaces the national average of 1.6%[2]. The Phoenix Metropolitan Statistical Area accounted for 82.9% of the state's job gains, with a 2.6% growth rate over the year[2].

Key statistics include a year-over-year increase in...

The job market in Phoenix remains highly competitive and robust, driven by strong job growth and a tight labor market. As of October 2024, Arizona's seasonally adjusted unemployment rate increased to 3.6% from 3.5% in September, still below the national rate of 4.1%[2][4].

The employment landscape in Phoenix is characterized by significant job growth, with nonfarm jobs increasing by 74,300 over the year in July 2024, a 2.4% growth rate, outpacing the national average of 1.6%[2]. The Phoenix Metropolitan Statistical Area accounted for 82.9% of the state's job gains, with a 2.6% growth rate over the year[2].

Key statistics include a year-over-year increase in Arizona's nonfarm...