Skip to main content



​The Economy Update​



Phoenix adds 56,500 jobs; 3.7% Unemployment rate drops more than U.S. decline731Phoenix adds 56,500 jobs; 3.7% Unemployment rate drops more than U.S. decline 12:00:00 PM<div class="ExternalClassA28781D65F094B1C9ABE077F20E31C6A"><div style="text-align:center;"><figure> <img src="/econdevsite/MediaAssets/People/UPDATE-20191115-Employment-German-Factory-1958-Monotone.jpg" alt="Photo, duotone of a German shoe factory in 1958" /> <figcaption><em>The production hall of the Angulus company in Bad Soden am Taunus, (West) Germany, in 1958.</em> <br>Image: Wikimedia Commons <br> <em>By Eric Jay Toll for The Economy Update</em> </figcaption> </figure></div><p><span style="font-size:15px;">Phoenix added 56,500 jobs in the metro area, growing the workforce to more than 2.2 million in October, a 2.6 percent gain over 2018, according to data from the Arizona Office of Economic Opportunity. The private sector increased hiring by 3.1 percent over October 2018.</span></p><p><span style="font-size:15px;">Manufacturing gained 7,700 new hires over 2018, a 6 percent increase, falling second to construction, which saw a 7.6 percent increase in hiring, adding 9,800 jobs in year-over-year comparisons. For manufacturing this is the 39th consecutive month of job gains, compared to generally flat or declining U.S. numbers.</span></p><p><span style="font-size:15px;">Hiring in health services slowed to 9,500 new jobs, a 3.5 percent gain over October 2018. This growth is slower for the Phoenix area, but still higher than national hiring in the sector. </span></p><p><span style="font-size:15px;">Across the state, there were 72,200 new jobs, with most falling into health services boosting hiring the sector by 3.9 percent. In October, the Phoenix metro generated 79 percent of the new jobs, which is less than the typical proportion of nearly 85 percent of all new jobs being created in the nation's 11th-largest metro area. Sierra Vista-Douglas and Lake Havasu City-Kingman metro areas both topped 3 percent in job growth, the strongest gains for those areas in a long time.</span></p><p><span style="font-size:15px;">In Phoenix, demand for construction workers shows in the heavy construction and building construction hiring, with the sectors sporting gains of 16 percent and 10 percent over last year, respectively. Transportation and warehousing reflected the holiday season hiring needs with a 10.6 percent gain in new hires over 2018. Real estate hiring jumped 7.2 percent over October 2018, reflecting the Phoenix area's hot housing market.</span></p><p><span style="font-size:15px;">Banking continued shedding jobs in the Valley, with hiring marked at 600 fewer in 2019 than 2018. Overal jobs in financial activities increased 1.4 percent with 2,800 jobs added, the lowest year-over-year increase since 2014. For the first time since 2007, there were more new hires in the real estate sector than in the metero insurance sector.</span></p><p><span style="font-size:15px;">Government hiring declined by 1,400 workers in 2019 with the largest losses in federal agencies and local government education, where 7,100 fewer people are employed this year compared to October 2019. Food services and drinking places added 5,300 jobs,a 3.1 percent increase.</span>​</p></div>



City of Phoenix Home Page1City of Phoenix Home PageLogo<div class="ExternalClass15C6139D18F4408F86C1E2AEBAD7E54E"><p><span style="font-size:11pt;font-family:calibri, sans-serif;">City of Phoenix logo</span></p></div>5383d3Both1
Report It2Report ItMain Footer Link At Your Service
Pay It3Pay ItMain Footer Link Pay Online
Employment4EmploymentMain Footer Link
Parks5ParksMain Footer Link & Recreation
Police6PoliceMain Footer Link
Open Data29Open DataMain Footer Link Data
PHX Newsroom30PHX NewsroomMain Footer Link Newsroom
Proposed Taxes or Fees7Proposed Taxes or FeesSecondary Footer Link Taxes or Fees
Licensing & Permitting8Licensing & PermittingSecondary Footer Link & Permitting
Media9MediaSecondary Footer Link
Accessibility10AccessibilitySecondary Footer Link
Security & Privacy11Security & PrivacySecondary Footer Link & Privacy
© 2020 City of Phoenix27© 2020 City of PhoenixSecondary Footer Link© 2020 City of Phoenix
Contact Us14Contact UsContact fa-envelope<div class="ExternalClassC9AC15E8CC8345049F341461DE659A78"><p><a href="/contactus">Contact Us</a></p></div>5383d3Desktop2
Phone Directory26Phone DirectoryDirectory Directory
200 W. Washington Street12200 W. Washington StreetMap Linkfa-map-marker,+Phoenix,+AZ+85003/@33.4488149,-112.079334,17z/data=!3m1!4b1!4m5!3m4!1s0x872b1223fc277d09:0x751804c733867934!8m2!3d33.4488149!4d-112.0771453<div class="ExternalClassED132930A7DF4D7691AF73C840F36521"><html> <div class="ExternalClass2B11A33218E542FE9F191E4D4770C1C9"> <p>Phoenix City Hall</p><p>200 W. Washington Street</p><p>Phoenix, AZ 85003 | <a target="_blank" href="">Map</a> </p> </div> </html></div>5383d3DesktopPhoenix, AZ 850032Map Link
Map and Directions21Map and DirectionsMobile Only Button,-112.079232,17z/data=!3m1!4b1!4m5!3m4!1s0x872b122157823309:0x55a433f10baebf50!8m2!3d33.4488076!4d-112.07704331.000000000000005383d3Mobile2
Call (602) 262-601122Call (602) 262-6011Mobile Only Button60226260112.000000000000005383d3Mobile2
TTY: 71123TTY: 711Mobile Only Buttontel:7113.000000000000005383d3Mobile2
Submit Contact Form24Submit Contact FormMobile Only Button
602-262-601113602-262-6011Phonefa-phone6022626011<div class="ExternalClass236F7D3275324812977F638F7178260D"> <div class="ExternalClass50200E069FA74002B8167B23E86FC14B">Main <a style="line-height:1.6;" target="_blank" href="http://602-262-6011/">602-262-6011</a></div> <div class="ExternalClass50200E069FA74002B8167B23E86FC14B"> <span style="line-height:1.6;">TTY </span><a style="line-height:1.6;" target="_blank" href="">711</a> <p> <a style="line-height:1.6;" target="_blank" href="/aaasite/Pages/FooterNavigation.aspx">Phone Directory</a></p></div> </div>5383d3Desktop2Main City Phone
About Phoenix15About PhoenixAbout<div class="ExternalClass297B596C2A074C4685DCA5B04F10D19E"><html> <div>Phoenix is the 5th largest city in the United States. We're a vibrant, growing city and a great place to <a target="_blank" href="">live</a>, <a target="_blank" href="/econdev">work</a>, and <a target="_blank" href="/parks">play</a>! Explore our website for <a href="/newsroom" target="_blank">news </a>and to learn about city services. Follow us on <a href="/social" target="_blank">social media</a>.</div> </html></div>5383d3Both3
Facebook16FacebookSocial Mediafa-facebook
Twitter17TwitterSocial Mediafa-twitter
Youtube18YoutubeSocial Mediafa-youtube-play
Instagram19InstagramSocial Mediafa-instagram
Phoenix Social Media Home Page20Phoenix Social Media Home PageSocial Mediafa-share-square-o
City of Phoenix - FooterLinksCity of Phoenix - FooterLinks