Employees working on laptops.

Arizona's unemployment number defies national trend and stays low

An ASU economist discusses how the CHIPS Act and Taiwan Semiconductor Manufacturing Co. have impacted Phoenix's labor market.

In this story published Aug. 13, 2024, on Axios Phoenix:

If Arizona continues to stay below the national unemployment rate, it wouldn't surprise me in the least.

Dennis Hoffman, professor of economics and director of the Seidman Research Institute, ASU's Office of the University Economist, and the Center for Competitiveness and Prosperity

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