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New job creation in Arizona reaches record high

record high Arizona jobs

The Arizona Commerce Authority (ACA) announced that Arizona concluded fiscal year 2019 with record highs in projected new job creation, wages and capital investments. The ACA collaborated with 105 Arizona-based firms last year, which committed to the creation of 24,422 new jobs, accompanied by $2.6 billion in state capital investment.

Those new jobs are projected to have an average salary of over $66,000 per year. This represents a 186% increase over the state’s current median wage.

The growth of jobs has translated into an extension of a record unemployment rate, which has hovered below 4% for 18 straight months.

The Arizona 100 reports

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