On Thursday, the Arizona Office of Economic Opportunity projected Arizona will add new jobs over a two-year period as part of its annual short term economic outlook. The outlook, which was produced in conjunction with the U.S. Department of Labor, shows Arizona jobs to grow throughout the state at an annualized rate of 2.6 percent.
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● Educational and Health Services is expected to add the largest number of jobs (39,779 jobs or 3.3 percent annualized growth).Manufacturing is expected to grow at 2.4 percent over the two year period, an increase from 1.3 percent growth from 2015-2017. ● Sectors with the largest expected gains are: Educational and Health Services (39,779 jobs), Professional and Business Services (22,391 jobs), Leisure and Hospitality (19,547 jobs), Construction (15,554 jobs), and Trade, Transportation and Utilities (15,312 jobs). |
Arizona – 2.6% annualized growth
Employment in Arizona is projected to increase from 2,933,968 to 3,086,936 over the two-year period. This represents growth of 152,968 jobs or 2.6% annualized growth. Supersectors Construction (5.2% annualized growth) and Financial Activities (3.3% annualized growth) are projected to see the largest percentage change in Arizona.
Maricopa County – 2.9% annualized growth
Employment in Maricopa County (represented as Balance of Maricopa and City of Phoenix combined) is projected to increase from 2,067,036 to 2,190,157 over the two-year period. This represents growth of 123,121 jobs or 2.9% annualized growth. Supersectors Construction (5.8% annualized growth) and Education & Health Services (4.2% annualized growth) are projected to see the largest percentage change in Maricopa County.
Pinal County – 2.1% annualized growth
Employment in Pinal County is projected to increase from roughly 66,356 to 69,239 over the two-year period. This represents growth of 2,883 jobs or 2.1% annualized growth. Supersectors Construction (5.7% annualized growth) and Manufacturing (4.6% annualized growth) are projected to see the largest percentage change in Pinal County.
Yavapai County – 2.1% annualized growth
Employment in Yavapai County is projected to increase from roughly 69,233 to 72,103 over the two-year period. This represents growth of 2,2870 jobs or 2.1% annualized growth. Supersectors Manufacturing (4.0% annualized growth) and Professional & Business Services (3.5% annualized growth) are projected to see the largest percentage change in Yavapai County.
Mohave and La Paz – 2.0% annualized growth
Employment in Mohave and La Paz is projected to increase from roughly 59,173 to 61,573 over the two-year period. This represents growth of 2,399 jobs or 2.0% annualized growth. Supersectors Leisure & Hospitality (4.0% annualized growth) and Construction (3.3% annualized growth) are projected to see the largest percentage change in Mohave and La Paz.
Pima County – 1.7% annualized growth
Employment in Pima County is projected to increase from roughly 392,316 to 405,671 over the two-year period. This represents growth of 13,355 jobs or 1.7% annualized growth. Supersectors Construction (3.7% annualized growth) and Manufacturing (3.0% annualized growth) are projected to see the largest percentage change in Pima County.
Coconino County – 1.6% annualized growth
Employment in Coconino County is projected to increase from roughly 70,107 to 72,350 over the two-year period. This represents growth of 2,243 jobs or 1.6% annualized growth. Supersectors Leisure & Hospitality (3.3% annualized growth) and Construction (2.8% annualized growth) are projected to see the largest percentage change in Coconino County.
Yuma County – 1.5% annualized growth
Employment in Yuma County is projected to increase from roughly 66,281 to 68,306 over the two-year period. This represents growth of 2,025 jobs or 1.5% annualized growth. Supersectors Manufacturing (5.3% annualized growth) and Construction (3.5% annualized growth) are projected to see the largest percentage change in Yuma County.
Santa Cruz County – 0.3% annualized growth
Employment in Santa Cruz County is projected to increase from roughly 15,080 to 15,156 over the two-year period. This represents growth of 76 jobs or 0.3% annualized growth. Supersectors Natural Resources & Mining (3.3% annualized growth) and Construction (1.9% annualized growth) are projected to see the largest percentage change in Santa Cruz County.
Northeastern Arizona – 1.5% annualized growth
Employment in Northeastern Arizona is projected to increase from roughly 74,509 to 76,722 over the two-year period. This represents growth of 2,263 jobs or 1.5% annualized growth. Supersectors Natural Resources & Mining (3.7% annualized growth) and Professional & Business Services (3.3% annualized growth) are projected to see the largest percentage change in Northeastern Arizona.
Southeastern Arizona – 1.6% annualized growth
Employment in Southeastern Arizona is projected to increase from roughly 53,375 to 55,103 over the two-year period. This represents growth of 1,1728 jobs or 1.6% annualized growth. Supersectors Construction (3.4% annualized growth) and Professional & Business Services (3.3% annualized growth) are projected to see the largest percentage change in Southeastern Arizona.