The most recent long-term projections, from 2022 to 2032, were released and are highlighted in this article.
From 2022 to 2032, the following employment trends are projected at the Arizona state level:
Arizona’s total employment is projected to increase to 3,797,484 jobs in 2032, from 3,319,516 jobs in 2022 (477,968 jobs, 1.4% annual change).
Arizona’s Education and Health Services (13,741 jobs annually) and Trade, Transportation, and Utilities (9,642 jobs annually) are projected to record the largest numerical job gains.
Arizona’s Education and Health Services (1.9% annualized growth) and Professional and Business Services (1.6% annualized growth) are projected to record the strongest job growth rates.
Over the next 10 years, from 2022 to 2032, Yavapai County’s total employment is projected to gain 10,589 jobs (1.3% annually). Yavapai County’s super sectors are projected to record the following changes:
Education and Health Services is projected to gain 3,878 jobs (1.8% annually).
Trade Transportation and Utilities is projected to gain 1,758 jobs (1.2% annually).
Professional and Business Services is projected to gain 1,455 jobs (2.1% annually).
Leisure and Hospitality is projected to gain 1,352 jobs (1.1% annually).
Construction is projected to gain 1,053 jobs (1.7% annually).
Manufacturing is projected to gain 488 jobs (1.1% annually).
Financial Activities is projected to gain 329 jobs (1.2% annually).
Other Services is projected to gain 193 jobs (0.6% annually).
Natural Resources and Mining is projected to gain 146 jobs (0.7% annually).
Information is projected to gain 80 jobs (1.2% annually).
Government is projected to gain 14 jobs (0.0% annually).
Self-employed is projected to lose 157 jobs (-0.3% annually).
Information for all local area and state-level employment projections can be found at www.oeo.az.gov and includes downloadable data, interactive Tableau tools, and methodology documentation.
Additionally, the Office of Economic Opportunity will be releasing economic conditions reports for Workforce Innovation and Opportunity Act (WIOA)-defined regions in early January, followed by short-term projections in February, and new in-demand industry and occupation rankings after the short-term release.
Our local ARIZONA@WORK-Yavapai County One-Stop Centers can also assist businesses and job seekers to learn more about labor market information. Call 928-778-1422 or email nacog_prescott@nacog.org to learn more. QCBN
By Teri Drew
Teri Drew is the executive director of the Yavapai County Workforce Development Board.
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