The Arizona Office of Economic Opportunity released its short-term industry employment projections on March 15, 2018. They are projecting an increase from 2,933,968 to 3,086,936 over a two-year period. That is an increase of 2.6% or 152,968 jobs statewide. Arizona has added over 160,000 jobs since 2015 according to a press release from Governor Ducey’s office.
The report also gives projections for specific portions of the state or substate areas. Mohave County is grouped with LaPaz county. According to the report, “Employment in Mohave and La Paz is projected to increase from roughly 59,177 to 61,576 over the two-year period. This represents growth of 2,399 jobs or 2.0% annualized growth. Supersectors Leisure & Hospitality (4.0% annualized growth) and Construction (3.3% annualized growth) are projected to see the largest percentage change in Mohave and La Paz.”
All the substate areas in the report are expected to see added jobs over the next two years. The economic sectors expected to see the largest gains are Educational and Health Services, Professional and Business Services, Leisure and Hospitality, Construction, and Trade, Transportation and Utilities.
Governor Ducey said, “Arizona’s economy continues to thrive thanks to the hard work of entrepreneurs and innovators throughout our state. We are focused on making Arizona the best place in the country to launch a new idea, re-locate, or expand a business, and I am excited to see the continued positive developments to come.”