Jobs & Our Economy | Common Sense Institute Arizona

Arizona Jobs and Labor Force Update: January 2023

Jan 24, 2023

Arizona added 3,100 nonfarm jobs in December (+0.10%) –the smallest increase we’ve seen in jobs since November 2021- and the Unemployment Rate fell to 4.0% (-0.1%).

Arizona Jobs and Labor Force Update: December 2022

Dec 16, 2022

Arizona added 7,000 nonfarm jobs in November

Arizona Jobs and Labor Force Update: November 2022

Nov 18, 2022

Arizona added 7,300 nonfarm jobs in October (+0.24%) – a slowdown in the increase we have seen earlier this year – and the Unemployment Rate rose to 3.9% (+0.2%).

Inflation in Arizona: November 2022 Update

Nov 10, 2022

Of the 23 urban consumer price indices tracked by the BLS, the Phoenix metro area again had the highest rate of inflation in October, due mostly to pressures from shelter costs.

Arizona Jobs and Labor Force Update: October 2022

Oct 21, 2022

Arizona added 3,700 nonfarm jobs in September (+0.12%) – a slowdown in the increase we have seen earlier this year – and the Unemployment Rate rose to 3.7% (+0.2%).

Accelerating Arizona’s New Tax Structure: Economic Impacts of Implementing the 2.50% Flat Tax in 2023

Sep 29, 2022

In April, the Common Sense Institute (CSI) released its economic simulation of the long-run impacts of moving from an 8.00% progressive income tax structure to a 2.50% flat income tax in Arizona. That analysis found the state would have 58,800 more workers and add $11.9 billion to its economy by 2032 due to this change.

Arizona Jobs and Labor Force Update: September 2022

Sep 16, 2022

Arizona added 4.2 thousand nonfarm jobs in August (+0.1%) – a slowdown in the increase we have seen earlier this year – and the Unemployment Rate rose to 3.5% (+0.2%).

Inflation in Arizona: September 2022 Update

Sep 13, 2022

Consumer prices in the United States continued their record ascent in August, rising 8.7% over the last 12 months and 0.1% over July. More distressingly, core inflation sharply accelerated to 0.6% (from 0.3% in July).

Arizona Jobs and Labor Force Update: July 2022

Aug 19, 2022

On a year-over-year basis job growth remained at 3.5% in July (down from 6.7% at this time last year), and Arizona had the 6th fastest job growth in the country.

Arizona Jobs and Labor Force Update: June 2022

Jul 22, 2022

Arizona added 15,000 nonfarm jobs in May (+0.49%) and the Unemployment Rate increased to 3.3% (+0.1%) – and though this is the largest monthly job increase in six months, the job market continues to show signs of softening as general national economic conditions deteriorate.