Ariz. jobless rate dropped last month; gains in construction employment - Ahwatukee Foothills News: Money

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

Ariz. jobless rate dropped last month; gains in construction employment

Print
Font Size:
Default font size
Larger font size

Related Stories

Posted: Thursday, June 27, 2013 5:14 pm

Arizona’s jobless rate dropped a 10th of a point last month on strong gains in construction employment — gains that may not really be there.

On paper, the state gained 9,800 private sector jobs in May. Even coupled with expected seasonal losses in public education, that was good enough to move the needle down a bit, to 7.8 percent.

But Aruna Murthy, director of economic analysis for the Arizona Department of Administration, noted 6,200 of those new jobs were in construction. And Murthy said something there doesn’t compute.

She said that’s the highest month-over-month increase ever in construction employment since 1990.

It also does not match other data.

For example, she said before the recession there were 7,000 to 8,000 building permits being issued a month. The most recent figure was about 2,400.

So Murthy is withholding judgment about whether there is really a construction boom until she sees a trend.

“It might be happening,’’ she said.

“But this is just one point,’’ Murthy continued. “ And I would like to see a few more months of sustained increases to actually tell that construction is really on true increasing upward trend in Arizona.’’

Elsewhere in the economy, retail trade was a mixed bag.

The number of people working in the sales of vehicles and parts increased by 400, and is 1,900 above the same time a year earlier.

By contrast, employment in general merchandise, including department stores, slid by 800 between April and May. And this isn’t just seasonal, as total jobs in this sector are below the same time a year earlier.

Murthy said this is likely a sign that the economy remains weak — and that consumers, with limited disposable income, are still being careful with their spending.

“They’re trying to decide how do you allocate among the various things,’’ she said. “Things that they can do without they’re still doing without.’’

Murthy said that the jump in employment in vehicle sales, which matches actual sales figures from the Department of Revenue, may be a function of need versus want.

“If a car is broken down and they need to go to work, they need a car,’’ she said. “So maybe they go buy a car,’’ Murthy continued.

Food also is a necessity.

But other things sold by department stores, ranging from clothing to toys to electronics, may be a lower priority.

There also may be another factor at work: the Internet. Murthy said more purchases made online mean fewer purchases made in local retail stores — and fewer sales clerks and cashiers.

Health care employment also took a dip last month. But Murthy said that’s no surprise.

“The summer was a month where people fall sick less,’’ she said. “Even hospitals tend to manage their hiring based on that.’’

And the number of people working at bars and restaurants also slid as summer approaches.

More about

More about

More about

  • Discuss

Harmful Algae on the Rise in U.S.

Montana Advocates Slam Supreme Court's Ruling on Medical Marijuana Supreme Court's Texas Abortion Ruling Gets High Marks in New York Safety Ne…

Published: June 28, 2016 - 5:05 pm @ http://www.publicnewsservice.org/2016-06-27/health…

ACLU: Border Agents Forced Woman To Urinate In Drug Search, Added To Watch List

ACLU: Border Agents Forced Woman To Urinate In Drug Search, Added To Watch List The American Civil Liberties Union has released a series of re…

Published: June 28, 2016 - 4:53 pm @ http://www.fronterasdesk.org/content/10352/aclu-bo…

#AZBeerQuest: Visiting Every Craft Brewery in Arizona

It all started back in June with a random visit to (then) Fate Brewery in north Scottsdale with my friend Jenny. We hadn’t been there before, …

Published: June 28, 2016 - 4:54 pm @ http://rscottjones.com/quests/azbeerquest/

Cibo in Downtown Phoenix: Happy Hour Report Card

Melissa Campana A A The Spot: Cibo 603 North Fifth Avenue Phoenix, AZ 85003www.cibophoenix.comThe Hours: Cibo’s happy hour is offered througho…

Published: June 28, 2016 - 4:55 pm @ http://www.phoenixnewtimes.com/restaurants/cibo-in…

Volkswagen class-action: 10,000 Arizona vehicles eligible, company to spend up to $15B in settlement

PHOENIX - Volkswagen will spend up to $15.3 billion to settle consumer lawsuits and government allegations that it cheated on emissions tests …

Published: June 28, 2016 - 4:52 pm @ http://www.abc15.com/news/state/volkswagen-class-a…

20th measles case confirmed in AZ; new exposure locations in Maricopa County identified

PHOENIX (KPHO/KTVK) - The Arizona Department of Health Services has confirmed another case of measles. This one, like the majority of other co…

Published: June 28, 2016 - 4:35 pm @ http://www.azfamily.com/story/32318528/20th-measle…

Phoenix woman sentenced for mailing substance to MCSO

PHOENIX - A Phoenix woman accused of mailing a powdery substance to the Maricopa County Sheriff's downtown headquarters to get her ex-boyfrien…

Published: June 28, 2016 - 4:33 pm @ http://www.abc15.com/news/region-phoenix-metro/cen…

Meritage Steakhouse at JW Marriott Desert Ridge

I first met Chef de Cuisine Chris Neff of Meritage Steakhouse at Scottsdale Culinary Festival's Cooks and Corks.  After sampling his braised b…

Published: June 28, 2016 - 4:23 pm @ http://www.writeonrubee.com/diningout/2016/meritag…

Exclusive Video – Hot and Heavy In Arizona: John McCain Staff Gets Rough With Challenger Kelli Ward Family

It was confirmed to Breitbart News by the Ward campaign that it was Abarzua, a senior staff member for the McCain campaign, that smashed into …

Published: June 28, 2016 - 4:25 pm @ http://www.breitbart.com/big-government/2016/06/28…

Members Support Their Second Home

Sen. Christopher S. Murphy, D-Conn., right, sons, from left, Owen and Rider, wife Cathy Holahan, center, and director of Home Runs for Horton’…

Published: June 28, 2016 - 4:22 pm @ http://www.rollcall.com/news/hoh/members-support-t…

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…