Arizona Unemployment Rate Increases And Salary Growth Slows Compared To Rest Of U.S.

by KJZZ Business News, Your NPR Station

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The state’s jobless rate ticked up a tenth of a point in December as companies shed employees.

New figures from the Office of Economic Opportunity put the seasonally adjusted unemployment rate at 4.8 percent. That is the result, at least in part, of private sector employment dropping by about 1,900 jobs.

And the new figure is also a tenth of a point higher than where it was a year ago.

But Doug Walls, the agency’s research administrator, said there’s another reason for the increase in the jobless rate.

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Author: KJZZ Business News, Your NPR Station

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