Arizona’s unemployment rate declines to 8.1 percent

Arizona’s unemployment rate declines to 8.1 percent

Arizona’s unemployment rate declines to 8.1 percent

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by Associated Press

azfamily.com

Posted on November 16, 2012 at 10:48 AM

Updated Monday, Nov 19 at 4:03 PM

PHOENIX (AP) --  Good news on the job front. Arizona's seasonally adjusted unemployment rate is down again, declining to 8.1 percent in October.

Arizona’s unemployment rate has dropped to 8.1 percent.

Economists hope it’s a trend. September's rate was 8.2 percent, down from 8.3 percent the previous two months. Now in October, the seasonally adjusted rate dipped again.

Department of Administration economists say Arizona gained 11,900 jobs in October.

Both government and private sectors had below-average gains. Of the 11 economic sectors, six added jobs, four lost jobs and one remained unchanged.

The biggest gain was recorded by the trade, transportation and utilities sector, which added 4,900 jobs. That sector typically adds jobs this time of year as retailers prepare for the upcoming holiday season.

© 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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