Arizona unemployment drops in February - East Valley Tribune: Business

Arizona unemployment drops in February

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Posted: Thursday, March 27, 2014 4:08 pm

Arizona's unemployment rate is down again.

The state Department of Administration reports that the state's seasonally adjusted unemployment rate for February was 7.3 percent.

That's down from 7.5 percent in January and 7.6 percent in December. The rate in February 2013 was 8 percent.

Department economists say Arizona's economy added 17,300 nonfarm jobs in February, an increase that's significantly smaller than the 10-year average gain of 26,300 jobs.

About two-thirds of the jobs added in February are in government and one-third in the private sector.

Eight of the 11 economic sectors added jobs in February.

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