The Arizona Commerce Authority (ACA) announced that Arizona concluded fiscal year 2019 with record highs in projected new job creation, wages and capital investments. The ACA collaborated with 105 Arizona-based firms last year, which committed to the creation of 24,422 new jobs, accompanied by $2.6 billion in state capital investment.
Those new jobs are projected to have an average salary of over $66,000 per year. This represents a 186% increase over the state’s current median wage.
The growth of jobs has translated into an extension of a record unemployment rate, which has hovered below 4% for 18 straight months.
– The Arizona 100 reports