Pinal unemployment reduced to 5.6% from 7% a year ago
By Howard Fischer | Capitol Media Services/Daily Courier
Arizona lost 48,600 jobs in January.
And that’s good news.
The reason is that the state normally sheds employment after the Christmas season. But this year’s loss is less than the post-recession average of 51,300.
What that means is the state’s seasonally adjusted unemployment rate slid three-tenths of a point, to 5.6 percent. But it still remains higher than the 4.9 percent figure for the rest of the country.
