Kipplinger Mag: Arizona #2 In U.S. For Job Growth This Year

Kipplinger rates Arizona second in the nation for job growth this year

Posted by Staff  /  June 7, 2016

"The Grand Canyon State is in for a real pickup this year, as its housing and construction sectors appear to have finally turned a corner. . . '

". . . The state’s sunny climate and low taxes will continue to lure retirees as well as young folks. . . '

The low cost of living will draw tech entrepreneurs away from pricey Silicon Valley.
Population growth will keep construction humming.

• Home Depot plans to add about 800 new jobs in Tempe at an online customer support center, and
• Northern Trust Co. will hire about 1,000 new employees by 2018 at a new Tempe operating center.
• The state’s largest private employer, Banner Health, is building a $400 million hospital expansion in Tucson.
• In Phoenix, Farmers Insurance will significantly expand its operations, eventually adding 1,000 employees.
• Cenlar, a loan service provider, will create 600 jobs, also in Phoenix."

 

Arizona Population: 6,828,000

2016 job growth: 3.2%
2015 job growth: 2.6%

New jobs in 2016: 84,380
New jobs in 2015: 66,380

Unemployment rate by year-end 2016: 5.5%
Unemployment rate at year-end 2015: 5.9%





Source: http://roselawgroupreporter.com/2016/06/kipplinger-rates-arizona-second-nation-job-growth-year/?

Please note: Map infographics from other sources