Because the capital of Arizona, Phoenix is thought for its year-round solar, heat temperatures, superb resort accommodations, luxurious spas, and championship golf programs. Residence to all the things from stunning gardens, fascinating vacationer sights, and bustling nightlife, Phoenix—situated in Maricopa County—actually has so much to supply. However the metropolis is way more than enjoyable and solar—it’s additionally a prime vacation spot for job seekers and employers alike.
The Phoenix area’s workforce performs a key function within the resolution of organizational leaders to ascertain and develop their Arizona presence. Expertise is the lifeblood of a enterprise, and in 2023, Lightcast’s Expertise Attraction Scorecard ranked Maricopa County primary in expertise attraction for the sixth time in seven years. The county continues to see the best progress in working-age residents and stays a magnet for companies looking for expert staff. For instance, corporations have chosen Phoenix for a significant chip manufacturing facility, reinforcing the realm’s popularity as a high-tech hub.
Phoenix can also be dwelling to one of many nation’s largest neighborhood school techniques and has a higher-than-average inhabitants of millennials, veterans, and numerous residents, making it a sexy place for companies seeking to broaden their footprint.
The place Out of doors Journey Meets a Thriving Tech Economic system
Phoenix affords outside lovers an array of actions, from mountain climbing the scenic trails of the Phoenix Mountains Protect to paddle boarding on the picturesque Tempe City Lake. Sports activities followers also can rally behind Phoenix’s a number of skilled groups, including to the town’s vibrant power.
Nonetheless, it’s the booming tech trade and financial alternatives that actually draw job seekers to Phoenix. Arizona has solidified its place as a vacation spot for high-tech, high-wage industries like semiconductors, electrical car manufacturing, and renewable power. Particularly, Phoenix’s workplace house prices stay aggressive, with rents averaging $30.96 per sq. foot—a lot decrease than tech hotspots like Silicon Valley, the place charges soar above $100.
Compensation is one other engaging issue for expertise relocating to Phoenix. Compensation prices for personal trade staff in Phoenix rose 3.3% in June 2024, whereas nationwide, compensation prices rose 3.9%. This mixture of financial alternative and affordability makes Phoenix an more and more engaging vacation spot for career-focused people.
Coaching and teaching programs stay sturdy drivers of Phoenix’s workforce enchantment. In 2023, Arizona invested $30 million to construct superior manufacturing coaching facilities statewide, geared toward fostering abilities in semiconductors, electrical autos, and different high-tech fields.
Are you an employer or job seeker considering increasing or relocating to the Better Phoenix space? View Acara’s newest infographic for extra labor drive statistics—together with top-growing occupations, largest industries, and employment information.