As released in the Bureau of Labor Statistics report on Friday, September 16 Arizona’s unemployment rate was 3.5 percent in August up from 3.3 percent in July.
Tag Archives: economy
Phoenix Area Adds Thousands of Jobs Since Last Year
In addition to the increase in jobs across the state, locally the Phoenix area has added over 86,000 new nonfarm jobs.
Senate Democrats Pass Historic Climate and Health Care Bill Over Unanimous GOP Opposition
The U.S. Senate on Sunday gave final approval to a historic climate and health care package following months of negotiations. Every single Senate Republican voted against it.
With Robust Job Numbers and Falling Gas Prices, Consumer Concerns About Inflation Ease
A survey of consumers released on Monday by the Federal Reserve Bank of New York found that expectations of inflation in the next few years has declined for the second month in a row.
Lower Food and Fuel Costs Act Passed in the House May Mean Relief Is On The Way
On June 16th, in a 221-204 vote, the House of Representatives passed H.R. 7606, otherwise known as the Lower Food and Fuel Costs Act, which aims to address supply chain risks, lower the cost of food and gas prices, strengthen the food supply chain and ensure robust competition in the meat and poultry sector, and lowers fertilizer prices for farmers.
No Homeowner: Arizona’s Housing Crisis
According to the nonprofit National Low Income Housing Coalition and its latest annual survey, Arizona ranks in the top five states where the affordable housing shortage is most devastating.
Arizona Economy Bouncing Back, But Still Has Some Baggage
Under the Biden administration, parts of Arizona’s economy are reviving in a recovery effort that George Hammond, director of the Economic and Business Research Center at the University of Arizona, describes as “strong but uneven.”
Promising Reports on Arizona’s Employment Situation
The United States Bureau of Labor Statistics released its monthly Employment Situation Summary for May 2022 and it shows promising statistics.
Over 750 Complaints About Tesla Malfunctions Triggers Investigation
Reports continue coming in each day of new Tesla vehicles either breaking down or catching fire without reason.
Nearly Half of Arizona Residents Could Save Money by Switching Electricity Plans
According to Arizona Public Service (APS), only 54 percent of residents are on the cheapest electricity plan for their home.