Back to today’s briefing

Story perspectives

Arizona Job Growth Slumps: 31,100 Jobs Lost in October

7/2/2025

41 6

Summary

Story summary

Arizona's job growth forecast for 2023 decreased from 2.1% to 1.3%, signaling economic slowdown.
October 2023 saw a loss of 31,100 jobs, with an additional 53,900 jobs lost from March to August 2024.
Job losses spanned various sectors, notably in private education, health services, and construction.
Economic indicators are mixed; unemployment has risen since March 2024, yet real GDP indicates some growth.

1 of 1

Story summary

Arizona's job growth forecast for 2023 decreased from 2.1% to 1.3%, signaling economic slowdown.
October 2023 saw a loss of 31,100 jobs, with an additional 53,900 jobs lost from March to August 2024.
Job losses spanned various sectors, notably in private education, health services, and construction.
Economic indicators are mixed; unemployment has risen since March 2024, yet real GDP indicates some growth.