Per the new report, in the West, business applications increased 8.0 percent between January and February, from about 93,693 to 101,841 applications.
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Tag Archives: Economy
U.S. Adds Over 300,000 Jobs in February
On Friday, March 10, the Bureau of Labor Statistics published a report which included preliminary national unemployment numbers for February.
Annual Unemployment Rate Drops in Arizona
Here in Arizona, the state unemployment rate dropped from 4.1 percent in 2021 to 3.8 percent in 2022.
Families Are Taking a Hit as Pandemic Aid Ends, Inflation Continues
Forty million people in the U.S. are having difficulty affording household expenses, and a little more than 25 million people say they sometimes or often do not have enough to eat, according to the U.S. Census Bureau’s most recent Household Pulse survey data.
Phoenix-Mesa-Scottsdale Area Unemployment Drops in December
Locally, according to a newly released Bureau of Labor Statistics report released on February 1, the Phoenix-Mesa-Scottsdale metropolitan area unemployment rate (not seasonally adjusted) saw a slight drop from 3.0 percent in November to 2.7 percent in December.
America Sees Economic Growth in Fourth Quarter
A Department of Commerce statement, released on Thursday, January 26, reported fourth quarter and year-end preliminary findings on the US economy.
Arizona Recreational Marijuana Sales Hit New Record, Medical Sales Slip Again
Adult-use cannabis sales that voters approved in 2020 hit a new high in the same month, with more than $85.4 million in estimated sales, according to the Arizona Department of Revenue.
National Unemployment Drops As Jobs Increase
Over the last six months, the national unemployment rate has bounced back and forth between 3.5 percent and 3.7 percent. In December, the national unemployment rate dropped to 3.5 percent, down 0.1 percent from the previous month.
Retailers May See More Red After Black Friday as Consumers Say They Plan to Pull Back on Spending – Acting As If the US Were Already in a Recession
Retailers are gearing up for another blockbuster holiday shopping season, but consumers burned by the highest inflation in a generation may have other ideas.
Arizona Unemployment Rate Sees Slight Increase. Still Under 4 Percent
In April, Arizona’s unemployment rate dropped to 3.2 percent, the state’s lowest recorded rate since the Bureau of Labor Statistics (BLS) began collecting this data in 1976.