Phoenix, Arizona, November 26, 2025

As of November 2025, Arizona’s largest employers, particularly in healthcare, retail, and technology, highlight a diverse and robust job market. Banner Health, Walmart, and Intel are among the key players propelling the state’s economy. This diverse employment landscape reflects an entrepreneurial spirit and a favorable climate for job creation, fostering stability and growth across multiple sectors while showcasing opportunities for future development.


Phoenix, Arizona – As of November 2025, the largest employers in Arizona are predominantly in the healthcare, retail, and technology sectors. This diverse employment landscape underscores the entrepreneurial spirit and resilience that are often seen in local businesses, and it reflects a favorable climate for job creation.

Top Employers in Arizona

Arizona’s economy is significantly bolstered by its largest employers, featuring a notable concentration in the healthcare sector. Banner Health leads the way with 46,731 employees, followed by other healthcare giants like HonorHealth and Dignity Health. Retail outlets, including Walmart and Amazon, also play a vital role, employing thousands and providing essential services to communities.

Furthermore, as technology continues to advance, companies such as Intel and Raytheon showcase Arizona’s growing influence in this field. The distribution of major employers across these key sectors emphasizes the state’s well-rounded economic framework.

Industry Distribution

The majority of Arizona’s largest employers are categorized into three primary sectors:

1. Healthcare: Dominating the list, healthcare providers such as Banner Health (46,731 employees), HonorHealth (17,053 employees), and Mayo Clinic (11,315 employees) remain pivotal in offering not just jobs but also critical services to the community.

2. Retail: Retail companies, including Walmart (37,979 employees), Amazon (36,000 employees), and Kroger Co. (19,920 employees), are essential for both employment and the overall consumer experience in Arizona. They contribute significantly to local economies, demonstrating the importance of supporting these businesses.

3. Technology: Representing innovation and growth, companies like Intel (9,400 employees) and Raytheon (12,500 employees) highlight the booming tech industry in Arizona, showcasing opportunities for development and investment in high-skilled jobs.

Economic Impact

These employers are not just sources of employment; they also serve as economic engines for Arizona, fostering stability and growth. They create a myriad of job opportunities across various skill levels and sectors, which is crucial for community development. By focusing on health, retail, and technology, Arizona is effectively positioning itself for future challenges and opportunities.

Moreover, reduced regulation in many sectors fosters an environment where small businesses can thrive. This entrepreneurial landscape is vital for driving innovation, creating jobs, and enhancing the overall economic health of Arizona.

Conclusion

The current landscape of the largest employers in Arizona reveals a vibrant economy powered by healthcare, retail, and technology industries. By recognizing these sectors’ significance, residents and policymakers can appreciate the essential role these employers have in sustaining Arizona’s economic growth and stability. Engaging with local businesses and supporting these sectors will contribute positively to the community’s prosperity.

FAQ

What are the top employers in Arizona as of November 2025?
The top employers include Banner Health, Walmart, Amazon, Kroger Co., HonorHealth, Dignity Health, Albertsons Cos., Wells Fargo, Raytheon, CVS Health, Mayo Clinic, The Home Depot, Freeport-McMoRan, Grand Canyon University, McDonald’s, Tenet Healthcare, Target, Intel, Bank of America, and Phoenix Children’s Hospital.
Which sectors dominate Arizona’s employment landscape?
The healthcare, retail, and technology sectors are the most prominent in Arizona’s employment landscape.
How do these employers impact Arizona’s economy?
These employers provide a wide range of employment opportunities, contributing significantly to Arizona’s economic growth and stability.

Key Features

Feature Description
Top Employers Banner Health, Walmart, Amazon, Kroger Co., HonorHealth, Dignity Health, Albertsons Cos., Wells Fargo, Raytheon, CVS Health, Mayo Clinic, The Home Depot, Freeport-McMoRan, Grand Canyon University, McDonald’s, Tenet Healthcare, Target, Intel, Bank of America, Phoenix Children’s Hospital.
Dominant Sectors Healthcare, Retail, Technology.
Economic Impact These employers provide a wide range of employment opportunities, contributing significantly to Arizona’s economic growth and stability.

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STAFF HERE PHOENIX WRITER
Author: STAFF HERE PHOENIX WRITER

The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.