Arizona's Top 50 Employers Support 468,164 Jobs in the State

According to data from the U.S Bureau of Labor and Statistics, Arizona's job growth ranked 2nd in the nation last year. Arizona added 84,400 jobs in 2019 giving us a 2.8% increase in job growth.

“Our focus will continue to be on cutting red tape and eliminating unnecessary regulations, while empowering people to get to work. My thanks to all our partners in the Legislature who have helped make Arizona competitive for people and businesses, and all the entrepreneurs and employees around the state working hard to grow our economy.” - Governor Doug Ducey

Since 2015, Arizona has added more than 350,000 new private-sector jobs. From 2015 to 2019, Arizona saw the fastest decrease in its poverty rate of any state in the U.S. — equal to approximately 175,000 Arizonans who have lifted themselves out of poverty. Job growth in 2019 was driven largely by employment gains in sectors including trade, transportation, and utilities (17,700), education and health services (20,400), and professional and business services (6,600).

Below are Arizona's 50 largest employers ranked by number of employees. It is important to note that since 1995 State of Arizona was the leader in jobs but has been overtaken by Banner Health int he last 5 years partly due to the increase in aging population and relocation of new residents to Arizona.

*Employer name is followed with total number of employees.

1. Banner Health - 47,000
2. State of Arizona - 41,847
3. Arizona State University - 35,730
4. Walmart, Inc. - 33,460
5. Fry's Food Stores - 21,738
6. University of Arizona - 20,462
7. Wells Fargo & Co. 17,217
8. City of Phoenix - 14,858
9. Maricopa County - 13,933
10. Intel Corp. - 12,190
11. HonorHealth - 12,163
12. Maricopa County Community College District - 10,870
13. Dignity Health Arizona - 10,598
14. JPMorgan Chase & Co. - 9,500
15. Amazon.com Inc. - 9,500
16. Freeport-McMoRan Inc. - 9,370
17. Bank of America - 9,000
18. Grand Canyon University - 8,682
19. Bashas' Family of Stores - 8,454
20. American Express - 7,940
21. Honeywell International - 7,661
22. State Farm - 7,600
23. Mayo Clinic - 7,500
24. UnitedHealthcare of Arizona - 7,056
25. Arizona Public Service Co. (APS) - 5,911
26. Phoenix Children's Hospital - 5,580
27. Salt River Project (SRP) - 5,286
28. Cigna - 4,700
29. The Boeing Company - 4,600
30. Abrazo Health - 4,363
31. City of Mesa - 4,013
32. Grand Canyon Education, Inc. - 3,910
33. Pride Group LLC - 3,883
34. Northrop Grumman - 3,600
35. Sonora Quest Laboratories - 3,328
36. ABM Industries - 3,125
37. Cox Communications Arizona - 3,100
38. Charles Schwab & Co. - 3,000
39. General Dynamics Mission Systems - 2,600
40. Humana, Inc. - 2,534
41. Waste Management - 2,352
42. City of Chandler - 2,227
43. Freedom Financial Network - 2,203
44. Discount Tire - 2,162
45. Empire Southwest - 2,160
46. Earnhardt Auto Centers - 2,121
47. Microchip Technology, Inc. - 2,000
48. Blue Cross Blue Shield of Arizona - 1,938
49. Insight Enterprises Inc. - 1,723
50. Avnet - 1,416

*data contributed by Phoenix Business Journal