“Knowledge is realizing that the street is one-way, wisdom is looking both directions anyway”
Nov 22, 2015, 10:00pm MST Updated Nov 23, 2015, 7:32am MST Eric Jay Toll Reporter
Phoenix Business Journal
Arizona’s employment level has almost equaled its pre-recession high with healthy job growth in October that cut the state’s unemployment rate by half a percent, according to the Arizona Department of Administration.
More than 60,300 jobs were added in October 2015 over last year, with an increase of 33,800 over September. The increase was greater than the post-recession average of 23,900 jobs month-over-month. The new hires dropped the unemployment rate to 6.1 percent from 6.6 percent last October.
Statewide, there were 2.67 million in the workforce, just 20,000 short of the pre-recession peak employment
The most hires over last year were in the education and health services sector, with 11,300 new jobs, followed by 11,200 in professional and business services. Trade, transportation and utilities gained 10,000 jobs over October last year.
All job sectors posted increases over 2014 numbers except natural resources and mining, which was down 1,000 jobs, and manufacturing, which was down 200.
Arizona continues increasing employment at a rate greater than the U.S. average. State job growth was up 2.3 percent in October, compared to the national job gain of 1.9 percent.
In the Phoenix metro, employment grew faster than the state average, hitting a 2.6 percent increase over October 2014. More than 48,000 jobs were added in the Valley, putting 1.9 million people on payrolls in the private and public sectors.
Construction had the biggest percent gain over 2014, adding 6,000 jobs in October for a 6.2 percent boost. Other services grew 3.8 percent; financial activities, and leisure and hospitality, both increased workforces 3.5 percent; and educational and health services was up 3.3 percent over October 2013.
In the Phoenix area, manufacturing lost 700 jobs and natural resources and mining jobs declined by 100. Heavy construction lost 400 jobs, while specialty trades gained 6,200.
All other sectors posted positive numbers.
I am actively looking to build relationships with Real Estate Investors and Owner / Users for Phoenix – Scottsdale – Tucson – Maricopa County – Pima County – Pinal County – Cochise County – Santa Cruz County –Yavapai County – Gila County – Arizona ,
Phoenix Commercial Real Estate and Investment Real Estate: investors and Owner / Users need to really know the market today before making a move in Commercial Properties or Commercial Investment Properties in Phoenix / Arizona, as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and Residential Land in Phoenix / Arizona. Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial Properties and Investment Properties in Phoenix / Arizona, and Commercial Land or Residential Land in Phoenix / Arizona.
WHY PHOENIX ARIZONA : ???
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix.
Investors and owner/users need to really know the market before making a move in commercial investment properties as the market has a lot of moving parts today. What’s going on socio-economically, what’s going on demographically, what’s going on with location, with competing businesses, with public policy in general — all of these things affect the quality of your commercial properties/investment properties. Therefore, you need a broker who understands commercial properties. Please go to my web-site and get all the newsflashes and updates in Commercial Real Estate.
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. I am also a commercial land specialist in Phoenix and a Landspecialist in Arizona. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail firstname.lastname@example.org or call me on my cell 520-975-5207 or Office:480-948-5554
Walter Unger CCIM
Associate Broker, Kasten Long Commercial Group
2821 E. Camelback Rd.
Phoenix, AZ 85016
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