Job seekers' market provides Arizona workers rare opportunity

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There are multiple factors driving the rise in wages in Arizona, but one of the primary causes is the churn of people moving between jobs, an economist said.

James Powel Cronkite News PHOENIX — For Arizona residents, the job market has tilted in favor of job seekers in a way rarely seen.

People are also reading… For Trineka Greer, the upheaval in the job market changed the nature of the type of offers she was receiving. Greer had been working in the public sector and accepted an offer for a remote role at an educational nonprofit. She had been recruited previously, but she was overqualified for most of the jobs. Greer did not want to reveal her former or current employers.

The role of the workplace in the average worker’s life has changed as well, with employees using the tight labor market to negotiate for better working conditions. According to BLS, an additional 8,200 Arizona residents found employment between November and December 2022, at a time when the number of Arizonans in the labor force grew by 7,800.The All Item Consumer Price Index, a measure of the costs of consumer goods, showed prices in the Phoenix metro area in 2022 rose 9.5% over the year, 3 percentage points higher than the national average.

 

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