• Home
  • Communities
    • McDowell Mountain Ranch
      • Arizona Highlands
      • Arizona Vintage
      • Armonico
      • Cachet
      • Castle Chase
      • Cimarron Hills
      • Cimarron Ridge
      • Community Center
      • Desert Cliffs
      • Discovery Canyon
      • Discovery Trails
      • Eagle Ridge
      • Mirador
      • Montecito
      • One Hundred Hills
      • Panorama Point
      • Sienna Canyon
      • Sonoran Estates
      • Sonoran Fairways
      • Sunrise Point
      • Sunset Point
      • The Overlook
      • The Ridge
      • The Summit
      • Trovas
      • Vermillion Cliffs
    • Grayhawk
    • Aviano
    • DC Ranch
    • Desert Ridge
    • Windgate Ranch
    • Lone Mountain
    • Desert Mountain
    • Scottsdale Mountain
    • Scottsdale Ranch
    • Luxury Homes
    • Golf Course Homes
  • Buyers
  • Sellers
  • About Us
  • Testimonials
  • Blog
  • Contact

Jeff Cameron

HomeSmart

480-652-2004

Follow Us on FacebookFollow Us on Google+Follow Us on TwitterFollow Us on LinkedInFollow Us on YouTube

Jobs in Arizona for March 2012 – Metro Phoenix Unemployment Rate drops to 7.5%

April 23, 2012 By Jeff Cameron

Print Friendly, PDF & Email

The employment report for Arizona was released last week. Unemployment continues to drop as Arizona has reached 8.6% unemployment. there were 18,900 new job created in March throughout Arizona. There are 47,000 more jobs as of the end of March when compared to the same time last year.

Looking deeper into the report at the Maricopa County and Metro Phoenix numbers we see even better results as unemployment dropped to 7.5%. I keep looking for a bump in construction jobs as more new homes are being built. With home values rising, new homes make sense again. Buyers are flocking to the new home subdivisions.

Before heading out to view a new home subdivision, you should bring your realtor. Your realtor will be able to advise you on important details through the new build process. It is wise to check the resale opportunities prior to moving forward on a new build. You want to make a wise and informed decision. In order for the builder to compensate your realtor, the realtor must accompany you on your first visit.

Many people don’t want to bother their realtor when taking a casual stroll through a new home subdivision. Believe me, your Realtor prefers to go to too many subdivisions than to have a problem with a builder and not get paid.

Let’s hope the increase of new home sales begins to add more construction jobs.

 

Arizona Jobs Report for March 2012 – Click Here to read the full report
Job Gains Across All Sectors; Above Average Gains in Seven of Eleven Sectors
Arizona’s seasonally adjusted unemployment rate
dropped to 8.6% in March after two consecutive
months at 8.7%.  The U.S. unemployment rate also
edged down one‐tenth of a percentage point from
8.3% the previous two months to 8.2% in March.  A
year ago the Arizona rate was 9.6% and the U.S. rate
was 8.9% (see figure 1).
Arizona’s economy added 18,900 Nonfarm jobs or
about 0.8% in March.  This was the largest over‐the‐
month gain in March since 2006, higher than the ten‐
year (‘02‐’11) average of 12,300 and the pre‐
recession (‘98‐’07) average of 18,000.  Since 1990,
Arizona has added jobs in March each year except
2008 and 2009 (see figure 2).
The Private Sector accounted for almost 97% of the
gains, adding 18,300 jobs, which was above the
historic average.  The ten‐year (’02‐’11) average in
March for the Private Sector was 12,700 and the pre‐
recession (‘98‐’07) averag

Filed Under: Breaking NEWS!, Latest News Tagged With: arizona, Arizona economy, Home Sales, How's The Market, Jobs Report, Phoenix, scottsdale, unemployment report

Categories

  • McDowell Mountain Ranch
  • Scottsdale
  • Grayhawk
  • Desert Ridge
  • Phoenix
  • DC Ranch
  • Fun In Arizona
  • Action Sports
  • Gilbert
  • Local Businesses
  • Peoria
  • Glendale
  • Paradise Valley
  • Mesa
  • Tempe

Calculate Mortgage Payments

www.mlcalc.com

Contact Us

Jeff Cameron

The Cameron Team
8388 E Hartford Ave,
Scottsdale, AZ 85255

Jeff: 480-652-2004

JeffRCameron@gmail.com

Copyright © 2025 Jeff Cameron
8388 E Hartford Ave Scottsdale, AZ 85255 · 480-652-2004 · jeffRcameron@gmail.com
Powered by