State Gains 35,600 Seasonally Expected Jobs in August

Arizona’s seasonally adjusted unemployment rate was 3.6% in August. This represents more than a full per­centage point decrease from July’s figure of 4.7%. At the national level, the August adjusted unemployment rate was 4.7%, down one-tenth of a percentage point from July.

Arizona’s economy experienced a seasonally expected gain of 35,600 nonfarm jobs during the month of Au-gust, largely due to the beginning of a new academic year. Goods-producing industries accounted for nearly 17 percent of total nonfarm employment, while service-providing industries accounted for approximately 83 percent. Nearly 70 percent of the monthly increase oc­curred in government, while private industries (+10,700) accounted for just over 30 percent. Since August 2005, Arizona has added 115,900 jobs, which represents 12-month growth of 4.6 percent.

The adjusted unemployment rate in Cochise County fell from 5.2% in July to 3.8% in August

Click here for full report.