WASHINGTON – Arizona’s unemployment rate fell in May to its lowest rate ever recorded, reaching a seasonally adjusted 3.4% and falling below the previous record of 3.5% recorded in August 2007, according to state data released June 20.Compared to May 2023, the state had 63,900 more nonfarm jobs.Unemployment dropped 0.2 percentage points to 3.6% from March…
Jaron Lodge discovered he had a knack for entrepreneurship when, as a Cub Scout, he hit the highest sales goal selling popcorn. “I got addicted from there,” he says. By age 18, he’d saved $25,000 from a dog-sitting business he started and jobs at Subway and an Ashley Furniture warehouse. After listening to a series…
Greg Wyshynski, ESPNJun 21, 2024, 07:51 PM ETCloseGreg Wyshynski is ESPN’s senior NHL writer.Open Extended ReactionsThe Arizona State Land Department has cancelled a land auction scheduled for Thursday that the Arizona Coyotes’ owner was counting on to reactivate his dormant NHL franchise.In April, the NHL board of governors approved the establishment of a franchise in…
PHOENIX — An auction for a tract of land where Arizona Coyotes owner Alex Meruelo had hoped to build a new arena has been canceled.The Arizona State Land Department announced Friday it was canceling next Thursday’s auction and reordering the steps so the applicant can file for a special use permit.“We understand the delay in…
By Grey Gartin Cronkite News Arizona’s unemployment rate fell in May to its lowest rate ever recorded, reaching a seasonally adjusted 3.4% and falling below the previous record of 3.5% recorded in August 2007, according to state data released Thursday.The job boom has yet to translate into popularity for President Joe Biden, despite steps he’s…
Scoring an attractive deal on a house in a popular market may seem like an impossible task, but a new report indicates that there are dozens of US cities that fit that description.The going rate for a single-family home jumped 5.7% from the prior year to $407,600 in April, according to data from the National…
PHOENIX (AP) — Arizona Gov. Katie Hobbs signed a series of fiercely negotiated budget bills into law on Tuesday, erasing a shortfall of over $1 billion by cutting back on higher education, trimming funding for state agencies and raiding some special funds.An agreement on the spending plan was announced over the weekend.“Despite facing a $1.8…
Don Barrineau is on a roll.The Phoenix division president of Orlando, Florida-based Mattamy Homes is developing six new communities totaling 1,473 homes in metro Phoenix — four of which will open this calendar year.Most of the land was purchased two or more years ago, he said.”When the interest rates took that increase and everybody in…
Organized retail theft paired with inflation has pushed some major retailers to make drastic security changes in an effort to keep them from the brink of closure.Some stores have locked up some inventory, creating an inconvenience for customers, while some loss prevention associates have been equipped with body cameras.Arizona Retail Association says organized retail theft…
PHOENIX — A plan to balance the state budget squeaked through the Legislature Saturday over the objections of some Republicans who said it spends too much and Democrats who said it spends too little.The package, which was set for final Senate approval, cuts $729 million from the current budget, reducing it to $17.2 billion. That…