Pinal unemployment rate continues to drop
by Howard Fischer | Capitol Media Services
The state’s seasonally adjusted unemployment rate remained steady last month at 5.0 percent as the number of people employed the private sector grew by just 7,500.
That compares with a typical month-over-month growth of 8,200 for this time of year since the end of the recession. On an annual basis, the number of people working for private companies in April was up by 50,700.
There were significant gains, on a percentage basis, in the construction industry which now is up 5.7 percent over the same time a year earlier. That brings current construction employment up to 139,000.
