Tag Archives: jobs

Phoenix Unemployment Update: August 2015

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Click on image to view full report.

Phoenix 12-month job growth kicked off the second quarter on a very positive note, adding nearly 50,500 jobs to the Valley.

Education and Health services saw the largest gains, adding 12,650 new jobs over the last 12 months. Professional and Business Services also continued its consistent growth,… Read More

Phoenix, banking & finance: Metro ranks among top five in real estate report

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BankingReport2Fintech, omni-channel strategies re-shaping real estate demands, re-defining financial centers

While banks still represent the largest occupiers of trophy Class A office space in most major cities, the financial services industry is changing its office and retail footprints. Banks are consolidating personnel in less expensive locations, new financial tech companies (or ‘fintech’) players are emerging and retail banks are evolving altogether.

However, when it comes to choosing where to set up shop, Phoenix remains high on the list of favorites.… Read More

Phoenix Employment Update | October 2014

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October Phoenix Employment Update

As of October, Phoenix 12-month job growth has been a steady 2.3 percent. The Valley added 42,504 new jobs to maintain its consistent trend.

Education and Health Services continue to be the fastest growing sector in Phoenix adding 14,120 new jobs over the last 12 months. Office-using employment such as Professional and… Read More

Chart of the Week: Residential construction hits a speed bump

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COW_Phoenix_May 1

Residential construction in Phoenix has seen slow but steady growth since the worst of the recession when the construction sector lost over 106,000 jobs, a third of all jobs lost in Phoenix. The last two quarters have recorded the trend flattening. Slow economic growth in the overall US economy may be hindering the growth that Phoenix needs.

Click here for more market insight on our Phoenix research… Read More

Arizona manufacturing faces mixed future

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Note: The following interview and article featuring Anthony Lydon, JLL’s Managing Director – Industrial, originally aired on 91.5 KJZZ and appeared on KJZZ.org.

Listen to the interview:

http://joneslanglasalleblog.com/Phoenix/wp-content/uploads/2014/04/Manufacturing-Down.mp3

Lydon-KJZZ

A new report highlights how manufacturing has changed in Phoenix over the last year, and what could happen as the industry comes out of the recession. The report from JLL is generally positive: The housing market is stabilizing while… Read More

Chart of the Week: Phoenix unemployment in the middle of the pack

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COW_Phoenix_March 31

Phoenix is seeing strong annual job growth which has helped bring down the unemployment rate from 10.5 percent during the recession to its current rate at 6.7 percent. Riverside, CA and Detroit, MI had unemployment exceed 15.0 percent during the recession and continue to have the highest unemployment rate among the largest 20 metropolitan… Read More

Chart of the Week: Phoenix’s healthy side

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COW_Phoenix_February 10

Every major employment sector in Phoenix lost jobs through the most recent recession, except for education and healthcare. This sector managed to maintain positive job growth through the worst of it all. Average job growth for all other sectors over the last 20 years has been 2.5 percent… Read More

Phoenix Employment Update | February 2014

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February Phoenix Employment UpdatePhoenix added 6,400 jobs, in December, well below expectations. Unemployment rose from 6.0 percent to 6.2 percent due to growth in the labor force.

Trade, Transportation & Utilities as well as Education and Health Services continue to lead the way adding 23,500 jobs. Financial Activities along with Professional and Business Services also… Read More

Phoenix Industrial Highlights | Q4 2013

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IndustrialHighlightsPhoenix is poised to see strong growth in 2014 as job growth and housing continue to drive absorption gains and the recovery begins to gain momentum.

Year over year employment gains remain steady at 2.4 percent, translating into approximately 41,000 new jobs in Phoenix over the last 12 months. Education and Health Services (9,840) along with Trade, Transportation, and Utilities (8,537) are seeing the biggest job gains followed closely by… Read More

U.S. Employment Update | January 2014

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January 2014 employment update

December saw the U.S. economy add just 74,000 jobs, the second-lowest monthly figure recorded throughout the recovery so far. It caps off a year that registered a 2.2-million-job expansion, unemployment falling to 6.7 percent and a more consistent as well as geographically broadening expansion. While trade and manufacturing were some… Read More