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Jobs & Our Economy

Inflation in Arizona: November 2022 Update

Inflation in Arizona: November 2022 Update

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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.

Inflation in Arizona: September 2022 Update

Inflation in Arizona: September 2022 Update

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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: June 2022

Arizona Jobs and Labor Force Update: June 2022

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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.