Hiring trends to follow in Yavapai County are manufacturing, construction and management and enterprises with the highest growth opportunities.
However, against this backdrop of growth, recent figures also indicate a slight uptick in unemployment. In January 2024, the unemployment rate in Yavapai County increased to 3.5%, from 3.4% in January 2023 and 3.3% in December 2023. Despite this, the short-term projections highlight areas of growth and opportunity within the county.
Construction Sector: The construction industry is expected to experience a notable upswing, with an overall increase of 7.8%. This growth results from expansions in building construction, heavy and civil engineering construction, and specialty trade contractors.
Health Care and Social Assistance: The healthcare sector shows promising signs of growth, with a projected increase of 5.2%. Ambulatory healthcare services, hospitals, health care and social assistance are all expected to contribute to this expansion.
Manufacturing Sector: Manufacturing is slated for the most significant expansion, with an overall increase of 20.5%. This growth is primarily attributed to substantial expansions in computer and electronic manufacturing.
Computer and electronic manufacturing are expected to witness an extraordinary job surge of 187%, with figures projected to rise to 749 jobs from 261 jobs.
While some segments, like primary metal manufacturing and fabricated metal product manufacturing, show decreases, others, like machinery manufacturing and paper manufacturing, are expected to increase as well.
Mining Sector: The mining industry is forecasted to experience a modest increase of 5.6%. Expansions in natural resources and mining are primarily driving this growth.
Natural resources and mining jobs are expected to see a 2.2% increase, with figures projected to rise from 2,349 jobs to 2,400 jobs.
Educational Services: The educational services sector is anticipated to grow, with an overall increase of 4.3%. This growth is attributed to expansion in education, health and educational services throughout the county.
Management of Companies and Enterprises: The management of companies and enterprises sector is set for growth, with a projected increase of 14.5%. Expansion in administrative and support services and professional and business services primarily drive this growth.
Administrative and support service jobs are expected to grow by 9.5%, reaching 4,044 jobs from 3,692 jobs.
Professional and business services are projected to see a 5.6% job increase, with figures climbing from 6,881 jobs to 7,267 jobs.
Despite the recent surge in unemployment, these short-term projections underscore the resilience and potential of Yavapai County’s economy. Hiring trends to follow in Yavapai County are manufacturing, construction and management and enterprises with the highest growth opportunities. While expected growth in health care is in the 5% range, it continues to be a high demand sector in the county. QCBN
By Teri Drew
Our local ARIZONA@WORK-Yavapai County One-Stop Centers can provide local, regional, state and in some cases, national talent searches to meet the growing needs of job seekers as well as business and industry. Call 928-778-1422 or email nacog_prescott@nacog.org.
Teri Drew is the executive director of the Yavapai County Workforce Development Board.
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