State’s jobless rate jumped last month - Ahwatukee Foothills News: Money

default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

State’s jobless rate jumped last month

Print
Font Size:
Default font size
Larger font size

Related Stories

Posted: Sunday, January 20, 2013 4:49 pm

The state’s jobless rate jumped a bit last month — maybe.

New figures Thursday from the Department of Administration set the seasonally adjusted unemployment rate for December at 7.9 percent. That’s up a tenth of a point from November.

The number of people employed went up. But Aruna Murthy, the agency’s director of economic analysis, said Thursday the number of people out looking for work went up more.

Hence the increase in the rate.

Even with that explanation, though, Murthy said there may be less to the numbers than it appears.

She pointed out that the reports, which come from a survey of employers, show total retail employment dropped in December from the prior month. Murthy said that’s never happened in 20 years.

So she believes the sample is flawed.

“It is that time of the year when people get busy with their businesses and they are not doing the usual sending off of the surveys and the reporting,’’ Murthy said.

“It’s not the economy has gone south,’’ she continued. “No, it’s not the case. And it’s not that retail businesses have gone south.’’

Even with those questions, Murthy said the December report still looks decent. She said the private sector added 4,900 jobs last month.

Still, that compares with the 10-year average of 9,100 jobs at this time of the year.

Looking at the longer term, though, Murthy said the total number of people working at Arizona private companies in December up by 57,700 from the same time a year earlier. That is a 2.8 percent increase, which she said is relatively healthy.

That puts employment 2.8 percent above where it was a year earlier.

Looking at individual sectors of the economy, Murthy said bars and restaurants added 2,800 jobs last month. She said that is far above the average of 600 in December.

But hotel and motel employment was down by about 1,500.

The state’s health care industry, which has pretty much bucked the recession as Arizonans continue to need medical attention, continues to grow, adding another 1,500 jobs in December.

Conversely, private colleges continue to shed staff, dropping total employment by 600.

Murthy cannot talk about individual companies. But it is no secret that the University of Phoenix has seen a double-digit drop in students in the last few years.

Some of that is due to the federal government tightening up on requirements for student loans. But Murthy said she would expect a drop in enrollment about now.

She said that during periods of recession and high unemployment, people tend to enroll in school to get new skills or advanced degrees. Then, as more jobs become available, those same people get back in the workforce.

Unemployment rates

(not seasonally adjusted unless otherwise stated)

Area / December 2012 / November 2012 / December 2011

Arizona (seas adj) / 7.9 / 7.8% / 9.0%

Arizona / 7.9% / 7.5% / 8.8%

U.S. (seas adj) / 7.8% / 7.8% / 8.5%

Apache / 18.7% / 17.9% / 19.1%

Cochise / 7.8% / 7.4% / 8.1%

Coconino / 8.4% / 7.6% / 9.2%

Gila / 9.3% / 8.8% / 10.2%

Graham / 8.6% / 8.4% / 9.5%

Greenlee / 6.3% / 5.4% / 7.5%

La Paz / 9.2% / 9.0% / 9.4%

Maricopa / 6.6% / 6.4% / 7.7%

Mohave / 9.56% / 8.8% / 10.3%

Navajo / 14.8% / 13.9% / 15.5%

Pima / 6.9% / 6.6% / 7.8%

Pinal / 8.3% / 7.8% / 9.5%

Santa Cruz / 16.5% / 16.4% / 17.1%

Yavapai / 8.6% / 7.9% / 9.2%

Yuma / 27.3% / 27.7% / 27.1%

— Source: Arizona Department of Administration

Sector employment in 1,000s

Sector / November 2012 / At its peak*

Total nonfarm / 2,512.1 / 2,713.6

Manufacturing / 153.1 / 187.4

Natural resources & mining / 11.7 / 14.3

Construction / 119.4 / 247.5

Trade, transportation, utilities / 499.3 / 549.2

Information/ 36.7 / 55.6

Financial activities / 173.0 / 187.2

Professional & business services / 364.0 / 408.7

Private education & health services / 372.2 / 323.2**

Leisure & hospitality / 269.3 / 279.1

Other services / 87.6 / 102.0

Government (including public education) / 425.8 / 449.0

* Different sectors have different peak dates

** Prior peak in October 2008

— Source: Arizona Department of Administration

More about

More about

More about

  • Discuss

Pima County Sheriff's Department - Timeline

See more of Pima County Sheriff's Department by logging into FacebookMessage this Page, learn about upcoming events and more. If you don't hav…

Published: September 28, 2016 - 3:04 pm @ https://www.facebook.com/pimasheriff/photos/a.3150…

FOX 10 Phoenix - Timeline

See more of FOX 10 Phoenix by logging into FacebookMessage this Page, learn about upcoming events and more. If you don't have a Facebook accou…

Published: September 28, 2016 - 2:55 pm @ https://www.facebook.com/FOX10Phoenix/videos/11292…

Gilbert company tests job candidates' empathy

By Dana Lewandowski | Cronkite News GILBERT – We have all had our fair share of horrible experiences with customer service. One Arizona compan…

Published: September 28, 2016 - 1:55 pm @ http://cronkitenews.azpbs.org/2016/09/28/az-compan…

Arpaio Slimes Penzone with Old, False Allegation, Penzone Says He Will Sue

Stephen Lemons A A With polls showing Maricopa County Sheriff Joe Arpaio trailing in his head-to-head race against Democrat Paul Penzone, and …

Published: September 28, 2016 - 1:54 pm @ http://www.phoenixnewtimes.com/news/arpaio-slimes-…

Rhythm Room: An Oral History of The First 25 Years of a Phoenix Blues Institution

Benjamin Leatherman A A It’s an ordinary afternoon and Bob Corritore is doing what he does best: talking about the blues. Sitting at a desk in…

Published: September 28, 2016 - 1:03 pm @ http://www.phoenixnewtimes.com/music/rhythm-room-a…

Walnuts Get A Calorie Cut

advertisement Find more information on Dr. Weil and integrative medicine. DrWeil.com The premiere resource for in-depth, timely, trustworthy i…

Published: September 28, 2016 - 12:54 pm @ http://www.drweilblog.com/home/2016/9/28/walnuts-g…

The Computer Fraud and Abuse Act Is 30 Years Old. It’s More Confusing Than Ever.

This article is part of Future Tense, a collaboration among Arizona State University, New America, and Slate. On Thursday, Sept. 29, Future Te…

Published: September 28, 2016 - 12:24 pm @ http://www.slate.com/articles/technology/future_te…

Why Are American Traffic Fatalities Rising So Quickly?

Summer is barely over but this much is already clear: Traffic safety on American streets is taking a big step backward in 2016. During the fir…

Published: September 28, 2016 - 12:09 pm @ http://www.streetsblog.net/2016/09/28/why-are-amer…

Why Does Phoenix Feel So White?

Robrt Pela A A It’s April 2016, and I’m at the Sheraton Grand in downtown Phoenix, trying like crazy to stay engaged with Mayor Greg Stanton’s…

Published: September 28, 2016 - 11:53 am @ http://www.phoenixnewtimes.com/news/why-does-phoen…

Happy National Coffee Day! Here’s Where to Find a Free (or Cheap) Cup

If the whiplash-inducing speed with which we’re marching toward 2017 is leaving you a little (or a lot) exhausted, you’re in luck. This Thursd…

Published: September 28, 2016 - 11:23 am @ http://www.thepennyhoarder.com/national-coffee-day-2016/

Facebook

ahwatukee.com on Facebook

Twitter

ahwatukee.com on Twitter

RSS

Subscribe to ahwatukee.com via RSS

RSS Feeds

Spacer4px

Most Popular

Online poll

Loading…