Arizona unemployment rate declines to 4.7 percent in May
Arizona’s unemployment rate is down, dropping to 4.7 percent in May from 4.9 percent in April as the state’s economy lost 7,200 nonfarm jobs overall.
Meanwhile, Yuma County’s unemployment rate rose in May by .1 percent, to a total of 16 percent. That is an unadjusted rate. It is a decrease compared to May 2017, when the unemployment rate came in at 17.2 percent.
The Arizona Office of Economic Opportunity report released Thursday said five economic sectors added jobs in May, led by the construction industry with an increase in 2,500 jobs, while five others lost jobs. The government sector’s loss of 7,200 was the largest drop by sector.
One sector didn’t add or lose jobs.
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
