Jobs & Workforce

Low Savings And Poor Jobs Imperil Arizonans' Prosperity Says Study

Via Poor jobs, low savings, a subpar ranking for small-business ownership and other factors make Arizonans less secure financially than people in most other states, according to a new study. Nearly 42 percent of Arizona households are deficient in liquid assets, meaning they have such small savings that they would struggle almost immediately if they lost a job or suffered other financial setbacks, according to the report from Prosperity

Via More workers are quitting their jobs, and in May employee separations hit their highest level since 2001. The 15-year high in employees ditching their current jobs is a good sign, said Travis Laird, vice president at Robert Half International (NYSE: RHI) in Phoenix. Robert Half is a big headhunting and employment services firm. Laird said higher resignation rates — which totaled 5.3 million nationally in May — shows workers are finding

Via It is an exciting time for economic growth and business in Arizona. The national media is taking notice of Arizona’s business competitiveness. Site Selection magazine recently ranked Arizona as the most competitive state in the mountain region. Area Development magazine recognized Arizona for being the top state in economic development in the population category of 5 million to 8 million. Recently, Governor Ducey approved legislation that makes Arizona the first state

Via WASHINGTON – U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) is awarding a $3 million grant to the Town of Sahuarita, Arizona, to establish the Sahuarita Advanced Manufacturing and Technology Center (SAMTEC), a multi-tenant facility that will provide flexible high-tech space to local businesses. According to grantee estimates, the project is expected to create 75 new jobs, retain 31 jobs, and

Arizona Hasn't Fully Recovered From Recession

As the U.S. economy enters its ninth year of expansion this month, many Americans feel the recovery has been incomplete — and the numbers back them up. Five states — Arizona, Connecticut, Mississippi, Nevada and Wyoming — still haven’t regained their levels of gross domestic product from before the financial crisis, more than five years after the country as a whole hit that milestone. Eight states are below prerecession levels

Paid Sick Leave Kicks In Next Month

Via Arizona’s new law requires employers to provide paid sick leave to virtually all their employees Arizona’s new law requires employers to provide paid sick leave to virtually all their employees July 1 is just over a week away, and small business owners need to get prepared for Arizona’s new paid sick leave requirements. When Arizona voters approved Proposition 206 in November the minimum wage was increased to $10

Apache Solar Project Nearly Complete, Will Serve Duncan Valley Co-op Energy Needs

Via The 20 MW Apache Solar Project, just across from AEPCO on Highway 191, near Cochise, is expected to begin providing renewable energy for all six Arizona G&T Cooperative Class A members by mid September. Geoff Oldfather, Arizona G&T Cooperative communications and public relations manager, said member distribution cooperatives are required to meet new renewable energy standards in their respective states of Arizona and California. “Each of the six

Via Arizona’s unemployment rate rose slightly in May as the state’s economy lost 14,700 nonfarm jobs. The Arizona Office of Economic Opportunity says the state’s seasonally adjusted unemployment rate increased to 5.1 percent in May, up from 5 percent in April. The month’s jobs loss was higher than the post-recessionary average loss of 5,200 jobs. The office says six economic sectors lost jobs, four added jobs and one stayed

Phase 1 Of Colossal ASU Tempe Makeover Begins; 20,000 Jobs Expected

Via The first phase of a project that will fundamentally reshape the east end of the Arizona State University campus and help fund the university’s athletic department is under way. ASU and Oakland, California-based Catellus Development Corp., aim to develop 330 acres of ASU property and ultimately expect to bring about 20,000 jobs and 5,000 residents to the area. The sports facilities district project, dubbed the Novus Innovation Corridor,

Farmers, Leaders Cautiously Optimistic About Pro-Arizona Agriculture Changes

Via Three items for consideration here – water supplies, immigration reform, and the next farm bill. This triad of topics headlined the recent annual meeting of the Agribusiness & Water Council of Arizona (ABWC) held in May in Tempe under the banner of “Trumping Arizona Agriculture.” ABWC President Tom Davis called 2016 a good year for Arizona agriculture. “With lower commodity prices this made it tough but it’s surprising