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2020-2022 Supersector Employment Growth

Business Sales and M&A Specialists

“Job gains are projected for ten of the eleven Arizona supersectors with Leisure and Hospitality (12.8% annualized growth) and Trade Transportation and Utilities (7.8% annualized growth) projected to record the fastest job growth rates. Trade Transportation and Utilities (86,473 jobs) and Leisure and Hospitality (69,901 jobs) are projected to record the largest job gains. Government is projected to lose jobs over the forecast period, declining by -0.5% annually. The completion of temporary employment within the Federal Government sector is primarily responsible for the majority of losses recorded in the Government sector.”

Source: Arizona Office of Economic Opportunity: 02-18-2021 Short Term Employment Projections Report

2020-2022_projectionsnarrative

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