Arizona employment nearly reaches pre-recession levels
Arizona's employment level has almost equaled its pre-recession high with healthy job growth in October that cut the state's unemployment rate by half a percent, according to the Arizona Department of Administration.
More than 60,300 jobs were added in October 2015 over last year, with an increase of 33,800 over September. The increase was greater than the post-recession average of 23,900 jobs month-over-month. The new hires dropped the unemployment rate to 6.1 percent from 6.6 percent last October.
Statewide, there were 2.67 million in the workforce, just 20,000 short of the pre-recession peak employment. The most hires over last year were in the education and health services sector, with 11,300 new jobs, followed by 11,200 in professional and business services. Trade, transportation and utilities gained 10,000 jobs over October last year.
Read the full article from the Phoenix Business Journal