Arizona Ranks in Top 15 for Job Growth
According to Arizona State University, Arizona is outranking many other states for positive job growth. Several growing industries and rising population in the Phoenix-metro area have attributed to this ranking, which was compiled by the U.S. Bureau of Labor Statistics.
Lee McPheters, economic research professor at ASU, noted in the report that Phoenix accounts for ninety percent of all new jobs within the state, and expanding job industries.
“The largest single source of metro Phoenix new jobs this year is food services, followed by health care and finance [which make up] about one half of the 50,000 new jobs expected in 2017,” McPheters said.
The tech industries is also contributing to Phoenix’s job growth. The Phoenix Business Journal reported over ten different tech-based companies who are hiring thousands locally.
“The Phoenix metro has ranked in the top five nationally for growth in tech jobs. There is a lot of momentum in the tech industry,” said Chris Camacho, president of the Greater Phoenix Economic Council, an organization that works to develop the economic progress of Phoenix.
Phoenix is doing its part to grow Arizona, and provide jobs for the community, according to Councilwoman Kate Gallego. More than 11,000 new permanent jobs have been brought to Phoenix, with a wage increase of eight percent. “It has been a great year for growth in Phoenix. As a member of city council, I know that we are doing our part for the city of Phoenix,” Gallego said.