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Arizona Job Growth Shines Amid Troubling Trade Deficit

7/23/2025

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Summary

Story summary

Arizona's job market showed a glimmer of hope in June, adding 14,400 positions while keeping the unemployment rate steady at 4.1%. Yet, a troubling drop of 59,100 jobs was noted, particularly in Government and Professional Services. Meanwhile, the U.S. trade deficit surged to $71.5 billion in May, with notable shortfalls against the EU and Mexico.

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Story summary

Arizona's job market showed a glimmer of hope in June, adding 14,400 positions while keeping the unemployment rate steady at 4.1%. Yet, a troubling drop of 59,100 jobs was noted, particularly in Government and Professional Services. Meanwhile, the U.S. trade deficit surged to $71.5 billion in May, with notable shortfalls against the EU and Mexico.