Arizona unemployment drops but small businesses still struggle to find workers

(The Center Square) - The Arizona economy experienced an increased labor force and decreased unemployment between November and December 2022, according to a new report from the Office of Economic Opportunity. 

While the seasonally adjusted labor force saw an uptick of 0.2%, there was an overall annual increase of 2.8%, which equates to 99,816 people, the report stated.

However, even though unemployment decreased from 4.1% in November to 4% in December, the December figure is higher than the 3.9% unemployment rate Arizona had in December 2021. 

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