{"id":2064,"date":"2019-02-13T12:50:11","date_gmt":"2019-02-13T12:50:11","guid":{"rendered":"http:\/\/www.gentryrealestategroup.com\/buylowazteam\/?p=2064"},"modified":"2019-05-24T17:22:59","modified_gmt":"2019-05-24T17:22:59","slug":"phoenix-job-growrh","status":"publish","type":"post","link":"https:\/\/gentryrealestategroup.com\/buylowazteam\/phoenix-job-growrh\/","title":{"rendered":"Phoenix ranks second-highest percentage employment growth in U.S. for 2018"},"content":{"rendered":"<br \/>\n<h2><span style=\"font-family: 'Times New Roman', Times\">Phoenix job growth<\/span><\/h2>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 14pt\">Phoenix job growrh rose 4.2 percent during the 12-month period that ended Nov. 30, 2018, ranking the second-highest percentage growth of all metro areas nationwide, according to new research from CBRE and the U.S. Bureau of Labor Statistics.<\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 14pt\">The Phoenix area\u2019s strong, job growth-fueled economy is a major lure for residential real estate investors seeking long-term rental income opportunities with an ever-growing tenant pool.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-2068 img-fluid d-block m-auto\" src=\"\/buylowazteam\/files\/2019\/05\/GENTRY_REAL_ESTATEINVESTING.png\" alt=\"Phoenix job growth\" width=\"730\" height=\"209\" \/><\/a><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 14pt\">During the 12-month period, the Phoenix area gained 86,800 new jobs. CBRE tracked 105 job announcements in 2018 for a combined 28,000 new jobs projected to be created in the Valley over the next one to three years.<\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 14pt\">According to CBRE senior research analyst Jessica Morin, 86,800 `new jobs in a year far outpaces Phoenix&#8217;s long-term average of 40,000 to 50,000 new jobs annually.<\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 14pt\">CBRE\u2019s research tracks data from the Greater Phoenix Economic Council, the Arizona Commerce Authority and media and company announcements of expansions or relocations to the Phoenix area, which usually includes jobs that pay above Maricopa County\u2019s median wage, which was $58,580 in 2017, according to the U.S. Census Bureau.<\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 14pt\">Job announcements were up from 82 in 2016 and 77 in 2017 to 105 in 2018 according to Morin, who says she expects the trend to continue as the Valley area\u2019s economy continues to do well nationally as <a href=\"http:\/\/www.gentryrealestategroup.com\/buylowazteam\/job-seekers-top-cities\/\" target=\"_blank\" rel=\"noopener noreferrer\">talent continues to migrate to Phoenix.<\/a><\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 14pt\">Software and technology sector companies had the highest number of job announcements in 2018 with 33, followed by manufacturing job announcements with 32, banking\/finance\/insurance job announcements with 14, and health care with eight job announcements, according to the report.<\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 14pt\">Most of the largest numbers of job announcements were in high-demand submarkets on the Vallet\u2019s east side. The two biggest job announcements of 2018 2,500 jobs, were from Deloitte in Gilbert and Allstate in Chandler, with 2,500 each Second highest was Mayo Clinic, announcing plans to add 2,000 new jobs and expand its north Phoenix campus.<\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 14pt\">Gentry Real Estate Group\u2019s\u00a0Buy Low AZ\u00a0team has been providing property bidding services in Arizona\u2019s Maricopa, Pinal, and Yavapai Counties for almost a decade. Our professional staff has the experience and knowledge of the residential Arizona market to effectively represent your investment while guaranteeing\u00a0you the best price possible.<\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 14pt\">For complete access to\u00a0<a href=\"http:\/\/gentryrealestategroup.com\/buylowazteam\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Gentry Real Estate Group\u2019s website<\/a>\u00a0and to place bids, contact Spencer Caldwell at 480-283-4425\u00a0or\u00a0<a href=\"http:\/\/gentryrealestategroup.com\/buylowazteam\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">sign up<\/a>\u00a0and one of our representatives will qualify you.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignleft size-full wp-image-1176\" src=\"http:\/\/www.gentryrealestategroup.com\/buylowazteam\/files\/2018\/01\/EQUAL_HOUSING_OPPORTUNITY_LOGO2.png\" alt=\"Equal Housing Opportunity\" width=\"150\" height=\"150\" \/><br \/>\nPhoenix job growth<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Phoenix job growth Phoenix job growrh rose 4.2 percent during the 12-month period that ended Nov. 30, 2018, ranking the second-highest percentage growth of all metro areas nationwide, according to new research from CBRE and the U.S. Bureau of Labor Statistics. The Phoenix area\u2019s strong, job growth-fueled economy is a major lure for residential real [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,4],"tags":[82,15,97,20,72],"class_list":["post-2064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-social-media-post","tag-arizona-real-estate-trustee-auctionss","tag-arizona-real-estate","tag-phoenix-job-growth","tag-phoenix-real-estate","tag-phoenix-real-estate-trustee-auctions"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Phoenix job growrh ranks 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