Photo by Credit Score GuideArizona
By Torrence Dunham | KTAR
The Arizona unemployment rate continued to decrease last month as the state’s economy is not only recovering but growing coming out of the COVID-19 pandemic.
The Arizona seasonally adjusted unemployment rate fell to 6.6% in July from 6.8% in June, and down from 10.4% in July of 2020, according to a report from the Office of Economic Opportunity released last week.
The state’s seasonally adjusted labor force also increased by 9,084 people last month.
Valley economist Danny Court with Elliot D. Pollock and Company told KTAR News 92.3 FM it was notable to see a gain of employment in the month as there is typically a loss in July.
“The economy is just doing incredibly well,” Court said. “We’re seeing now with these new job numbers the greater Phoenix area is now 99% recovered from the loss of jobs from the pandemic of February 2020.”
“Arizona is close behind that at 94%.”
