Monday, November 24, 2008

Arizona's unemployment rate is up, again!

Manufacturing; construction; trade, transportation and utilities; information; financial activities; professional and business services were among the several industries.

Arizona's unemployment rate is up. The state Department of Commerce reports a seasonally adjusted non-farm unemployment rate for October of 6.1 percent.

That's up from 5.9 percent in September but below the national average of 6.5 percent last month.

As the economy continued to slow, Arizona lost 2,200 nonfarm jobs in October with seven major industries reporting declines -- manufacturing; construction; trade, transportation and utilities; information; financial activities; professional and business services.

The largest gains were in the government sector, which added 4,300 jobs, mostly in local education.

Educational and health services gained 2,000 jobs while trade, transportation and utilities employment lost 500 jobs.

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