Arizona’s Employment Growth Set to Outpace National Average Over the Next Decade
In a promising forecast for Arizona’s job market, the state is expected to outperform the national employment growth rate over the next decade. The Office of Economic Opportunity anticipates a significant increase of more than 454,000 jobs, translating to an annual growth rate of 1.2% from 2024 to 2034.
Leading this expansion are key sectors such as health care, social assistance, and construction, each projected to grow by over two percent annually. The rising demand for health care services is largely attributed to the aging population across the United States, according to the OEO.
Manufacturing is also expected to experience notable growth during this period. Furthermore, all of Arizona’s 15 counties are projected to see an increase in employment, with Maricopa County leading the charge in job creation.
-
Arizona has secured a $60 million, 20-year naming rights agreement for its football stadium, marking the largest deal in Big 12 history.
-
Attorney General Kris Mayes is urging state legislators to offer financial relief to Arizona small business owners impacted by tariffs set by the Trump administration.
-
The developers behind Project Blue are negotiating to finalize the acquisition of a 290-acre county-owned property near the Pima County Fairgrounds for a new data center.
-
After a year marked by losses due to bird flu, Hickman’s Family Farms is being sold, ending over 80 years of Arizona-based ownership.
-
A judge has ruled that offering tax credits to film and commercial production companies in Arizona is legal.
