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Updated August 08, 2022 Average weekly wages for all industries by county Phoenix metro area, fourth quarter 2021 (U.S. = $1,418; Area = $1,335) Source: U.S. BLS, Quarterly Census of Employment and Wages. Phoenix Area Economic Summary This summary presents a sampling of economic information for the area; supplemental data are provided for regions and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area summaries and geographic definitions, see www.bls.gov/regions/economic-summaries.htm. Unemployment rates for the nation and selected areas Over-the-year changes in employment on nonfarm payrolls and employment by major industry sector 3.4 3.9 3.4 3.4 4.0 3.8 5.7 5.7 5.3 5.3 5.9 6.1 0.0 5.0 10.0 Phoenix city Pinal County Maricopa County Phoenix metro area Arizona United States Jun-21 Jun-22 Source: U.S. BLS, Local Area Unemployment Statistics. Unemployment rates -15.0 -10.0 -5.0 0.0 5.0 10.0 15.0 Jun-19 Jun-20 Jun-21 Jun-22 Phoenix metro area United States Source: U.S. BLS, Current Employment Statistics. 12-month percent changes in employment Number Percent Total nonfarm 2,259.2 86.3 4.0 Mining and logging 3.0 0.3 11.1 Construction 144.1 4.7 3.4 Manufacturing 145.2 8.5 6.2 Trade, transportation, and util ities 452.5 19.4 4.5 Information 43.3 3.7 9.3 Financial activities 214.7 -0.2 -0.1 Professional and business services 379.7 14.7 4.0 Education and health services 357.1 19.5 5.8 Leisure and hospitality 230.7 16.6 7.8 Other services 70.6 2.3 3.4 Government 218.3 -3.2 -1.4 Source: U.S. BLS, Current Employment Statistics. Change from Jun. 2021 to Jun. 2022 Jun. 2022 Phoenix metro area employment (number in thousands) Over-the-year change in the prices paid by urban consumers for selected categories Over-the-year changes in the selling prices received by producers for selected industries nationwide Average hourly wages for selected occupations Over-the-year changes in wages and salaries Western Information Office • BLSinfoSF@bls.gov • https://www.bls.gov/regions/west • 415-625-2270 Average annual spending and percent distribution for selected categories Employer costs per hour worked for wages and selected employee benefits by geographic division 12.3 9.3 43.3 9.1 10.4 41.6 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0 50.0 All items Food Energy Phoenix metro area U.S. city average Source: U.S. BLS, Consumer Price Index. 12-month percent change in CPI-U, June 2022 -30.0 -20.0 -10.0 0.0 10.0 20.0 30.0 40.0 Jun-19 Jun-20 Jun-21 Jun-22 General freight trucking Hospitals Hotels (exc casino hotels) and motels Source: U.S. BLS, Producer Price Index. 12-month percent changes in PPI $21,094 $21,043 $12,776 $10,257 $6,737 $7,744 $6,693 $7,205 $5,238 $5,185 $9,928 $10,754 0% 20% 40% 60% 80% 100% Phoenix metro area United States All other items Healthcare Personal insurance & pensions Food Transportation Housing Average annual expenditures, United States and Phoenix metro area, 2019-20 Source: U.S. BLS, Consumer Expenditure Survey. Occupation Phoenix metro area United States All occupations $27.22 $28.01 Human resources managers 60.51 65.67 Electrical engineers 48.89 51.87 Registered nurses 39.72 39.78 Chefs and head cooks 29.64 27.37 Carpenters 23.77 26.53 Drywall and ceiling tile installers 23.48 26.35 Source: U.S. BLS, Occupational Employment and Wage Statistics, May 2021. Private industry, March 2022 West census region United States Total compensation $42.35 $38.61 Wages and salaries 29.86 27.19 Total benefits 12.49 11.42 Paid leave 3.22 2.88 Vacation 1.63 1.47 Supplemental pay 1.37 1.37 Insurance 3.15 2.93 Retirement and savings 1.45 1.33 Legally required benefits 3.31 2.91 Source: U.S. BLS, Employer Costs for Employee Compensation. (1) The states that compose the West census division are: AK, AZ, CA, CO, HI, ID, MT, NV, NM, OR, UT, WA, WY, and Guam. 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 Jun-19 Jun-20 Jun-21 Jun-22 Phoenix metro area United States Source: U.S. BLS, Employment Cost Index. 12-month percent changes in ECI