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As of January 2016, 10.5% of the workforce were government employees, a high number because the city is both the county seat and state capital. The civilian labor force was 2,200,900, and the unemployment rate stood at 4.6%.<ref name=BLSJan2016 />
Phoenix is home to four Fortune 500 companies: electronics corporation [[Avnet]],<ref>{{cite web|url=http://metrophoenixinvestmentproperties.listinglab.com/AvnetGlobalHeadquarters/ |title=Avnet Global Headquarters |publisher=Colliers International |access-date=March 20, 2016 |archive-url=https://web.archive.org/web/20160329114137/http://metrophoenixinvestmentproperties.listinglab.com/AvnetGlobalHeadquarters/ |archive-date=March 29, 2016 |url-status=dead }}</ref> mining company [[Freeport-McMoRan]],<ref>{{cite web |url=http://www.fcx.com/company/index.htm |title=Freeport-McMoRan – Who We Are |publisher=fcx.com |access-date=February 11, 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140328105510/http://www.fcx.com/company/index.htm |archive-date=March 28, 2014 }}</ref> retailer [[PetSmart]],<ref>{{cite web |url=http://phx.corporate-ir.net/phoenix.zhtml?c=93506&p=irol-homeprofile |title=PetSmart Company Information |publisher=PetSmart |access-date=February 11, 2014}}</ref> and waste hauler [[Republic Services]].<ref>{{cite web |url=https://money.cnn.com/magazines/fortune/fortune500/2012/states/AZ.html |title=Fortune 500 2012: States: Arizona |publisher=CNN |date=May 21, 2012 |access-date=February 11, 2014}}</ref> [[Honeywell|Honeywell's Aerospace division]] is headquartered in Phoenix, and the valley hosts many of their avionics and mechanical facilities.<ref>{{cite web|url=https://aerospace.honeywell.com/about-us |title=A History Of... Tim Mahoney |publisher=Honeywell Aerospace |access-date=March 20, 2016 |archive-url=https://web.archive.org/web/20160402145941/https://aerospace.honeywell.com/about-us |archive-date=April 2, 2016 |url-status=dead }}</ref> Intel has one of their largest sites in the area, employing about 12,000 employees, the second largest Intel location in the country.<ref>{{cite web |url=http://www.intel.com/content/www/us/en/corporate-responsibility/intel-in-arizona.html |title=Intel in Arizona |publisher=Intel.com |access-date=February 11, 2014}}</ref> The city is also home to the headquarters of [[U-Haul|U-HAUL International]], [[Best Western]], and [[Apollo Group]], parent of the [[University of Phoenix]]. Southwest is the largest carrier at Phoenix's Sky Harbor International Airport. [[Mesa Air Group]], a regional airline group, is headquartered in Phoenix.<ref>{{cite web|url=http://www.mesa-air.com/content.aspx?pageID=16425 |publisher=Mesa Airlines |title=Facts |access-date=March 20, 2016 |archive-url=https://web.archive.org/web/20160307212543/http://www.mesa-air.com/content.aspx?pageID=16425 |archive-date=March 7, 2016 |url-status=dead }}</ref>
The U.S. military has a large presence in Phoenix, with [[Luke Air Force Base]] in the western suburbs. The city was severely affected by the effects of the
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