The Phoenix area has added 91,400 private-sector jobs during the past 10 years, outpacing the growth rates of a quarter of the nation’s major markets, according to a federal report.
The U.S. Bureau of Labor Statistics released private-sector data Wednesday for more than 300 metropolitan areas. Phoenix Business Journal sister publication, Buffalo Business First isolated the 67 major markets that contain at least 300,000 jobs.
The Phoenix area is 48th in the national rankings. The local metro grew 5.5 percent from 1,668,700 private-sector jobs in July 2007 to 1,760,100 last month.
This 10-year comparison is an effective indicator of the extent to which any given market has bounced back from the Great Recession, which officially extended from December 2007 to June 2009.