Arizona Office of Economic Opportunity
OEO exists to consolidate and improve analytic capacity for the state with the goal of tracking Arizona's key economic indicators.

Labor Market›

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Population›

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Regulatory and Tax›

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May 18, 2023
Nonfarm Employment Increased by 60,700 Jobs Over the Year
Arizona's Unemployment Rate Decreased to 3.4%
Read the Press Release View the Press Release Presentation
RECEIVE MONTHLY EMPLOYMENT UPDATES
Next Release: June 15, 2023
View Current Release Schedule
Read Latest Projections Info
Arizona Economy At a Glance
See how your area is performing below by finding the latest labor and population trends at the state and county level. Find out where the Arizona economy stands on key economic indicators in comparison to the United States economy overall.
Labor:
Unemployment Rate

 

0%
% Year-over-Year
0% US
% Year-over-Year
Unemployment Details ›
Nonfarm Employment

 

Total Nonfarm Employment
Year-over-Year Change
Numeric
%
Percentage
Employment Details ›
Labor Force Size

 

Labor Force Level
%
Year-over-Year Change
Labor Force Details ›
Labor Force Participation

 

%
Total (16 years and above)
%
%
%
%
%
%
Labor Force Participation ›
Employment Projections

 

%
Annualized Projected
Employment Growth
Employment Projections ›
Business Establishments

2018

Total Business Establishments
Year-over-Year Change
Numeric
%
Percentage
Industry Wages

 

$
Average Weekly Wage
Industry Wages ›
In-demand jobs

 

Top Jobs by Projected
Employment Growth
#1
#2
#3
In-demand Industries ›
Wages by Occupation

 

$
Average Hourly Wage
Wages and Income ›
Population:
Total Population

 

Population Level
%
Year-over-Year Change
Population Estimates ›
National Ranking

 

USA
Arizona recorded the 2nd fastest growing population in the nation.
More Demographics and Census ›
Population Projections

 

%
Population Growth between
2018 and 2019
Population Projections ›
In-Migration

2017

Top 5 States contributing the most to Arizona's In-Migration
(in-flow only, not net)
Census and Migration ›
Net Migration

2017

Top 5 States contributing the most to Arizona’s Net-Migration
(Net Migration = In-Flow - Out-Flow)
Demographics and Migration ›
Educational Attainment

2017

Associate's degree or higher
AZ
%
Arizona
USA
%
United States
Education Trends ›
Age

2018

Share of total population by age
More Demographics ›
Household income

2018

Annual median household income
AZ
$
AZ
USA
$
US
Demographics ›
Race & Ethnicity

 

Share of total population by race/ethnicity
*American Indian and Alaska Native
** Native Hawaiian and Other Pacific Islander
Census and Demographics ›
Other Economic Indicators:
Real GDP Growth

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Total All Industries
%
Year-over-Year Change
% US
Year-over-Year Change
Net Taxable Sales

2017-2018

$
%
Year-over-Year Change
Per capita Personal Income

2018

AZ
$
% Year-over-Year Change
USA
$
US
% Year-over-Year Change
Consumer price index

June 2019

Year-over-Year percentage
change in CPI
AZ
%
Phoenix-Mesa-Scottsdale
USA
%
US City Average
Unemployment Insurance

June 2019

Year-over-Year percentage change
in initial claims
AZ
%
with a total of initial claims
US
%
with a total of initial claims
Trade Balance

2018

$
%
Year-over-Year Change
New private housing units

July 2019

Year-over-Year percentage change in
authorized building permits
AZ
%
Year-over-Year change with a total of permits
US
%
Year-over-Year change with a total of permits
Rental Vacancy Rate

2018

Annual Rental
Vacancy Rates
AZ
%
US
%
Home Values

2018

Year-over-Year percentage change in
median value of Owner-occupied Housing
AZ
%
Year-over-Year change with a median value of $
US
%
Year-over-Year change with a median value of $

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