Arizona unemployment rate dropped sharply in May, though economists advise caution on figures
The state still has about 163,000 fewer jobs than it did a year ago, but the turnaround is welcome nonetheless.
The state still has about 163,000 fewer jobs than it did a year ago, but the turnaround is welcome nonetheless.
In this story published June 18, 2020, in The Arizona Republic:
This 45,000 new jobs added, it looks pretty good. Compared to a year ago, we are still way down. I think there is a strong case to be made, maybe not for a V-shapred (rapid) recovery, but slow, steady growth through the end of the year and better growth next year.
– Research Professor of Economics Lee McPheters, who is the director of the JPMorgan Chase Economic Outlook Center
Latest news
- Musical instruments would get more expensive under Trump's tariffs
Increased prices could limit who learns to play an instrument, says an ASU supply chain expert…
- Why wealthy Americans work
An ASU economist's research shows that the affluent don't work for more stuff, but for better…
- ’Big league’ or big illusion? Study calls time on splashy stock market anomalies
In his latest research, an ASU professor invents a stock market anomaly to expose the shaky…