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The state government is Arizona's largest employer, while Banner Health is the state's largest private employer, with more than 39,000 employees (2016). As of August 2020, the state's unemployment rate was 5.9%. The largest employment sectors in Arizona are (August 2020, Nonfarm Employment):
But Verizon, the telecommunications giant, seems to have found a way to hold onto its employees. The average tenure of around 110,000 workers is 12.9 years, well over three times the U.S. average .
Hertz Global Holdings, originally known as Rent-a-Car Inc., was founded by Chicago, Illinois native Walter L. Jacobs in 1918. [9] This small car rental operation began with a dozen Model T Ford cars. [10] [11] Within five years, Jacobs' fleet expanded to 600 vehicles—generating annual revenues of approximately US$1 million. [11]
Enterprise Rent-A-Car is the official car rental service of the NCAA, NHL and the UEFA Europa League. From 2004 to 2010, it was a sponsor of the Professional Bull Riders (PBR) circuit. In 2018, it entered into a 15-year agreement to hold the naming rights for Enterprise Center, the home arena of the St. Louis Blues.
In conjunction with Verizon's announcement, the company is also taking a $4.6-billion writedown on its media unit Oath, CNN reported. The company essentially admits that its media unit — which ...
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