Arizona's jobless rate at historic low; lawmakers reject benefits cut

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Arizona's jobless rate at historic low; lawmakers reject benefits cut
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For Star subscribers: As legislators nix cutting jobless benefits, here's what new economic numbers show for Arizona workers (wages are rising), employers (they're trying to hire), and which sectors are hurt by inflation, interest rates.

Howard Fischer The state's unemployment rate remains at historic lows. And Arizonans who do find themselves out of work through no fault of their own won't see their benefits cut, at least not this year.

People are also reading… He got the state Senate to approve a graduated scale that based the eligibility period on the statewide unemployment rate. At current levels, benefits would have ended after 12 weeks under his proposed legislation. Even disregarding what happened during COVID, Gila County hit a 14.1% unemployment rate in January 2010. A decade ago it was 9.3%.

Another issue is that the unemployment benefits are not paid for from state tax funds. Instead, they are a form of insurance, Cook said.

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