Arizona nonagricultural employment increased over-the-year by 2.3 percent in August, a growth rate sufficient to keep the Grand Canyon State ranked among the top 10 for the sixth consecutive month.

The U.S. economy created 96,000 net new jobs in August, a decrease from the revised figure of 141,000 new jobs in July, according to the U. S. Bureau of Labor Statistics.

In this video, three leading economists discuss fiscal policy, including the Federal Reserve’s dual mandate, the “Taylor Rule,” the 2009 stimulus package, the efficacy of temporary tax rebates and the financial crises in Europe.

Employment in Arizona is expanding faster now than in all but three states, based on year-over-year growth in July. Non-farm jobs are increasing more rapidly only in North Dakota, California and Oklahoma. Last year at this time, the Grand Canyon State ranked 35th.

The U.S. economy added 163,000 non-agricultural jobs in July, the largest monthly gain since February, according to the latest employment report from the U. S. Bureau of Labor Statistics.

Arizona non-agricultural employment increased by 2.4 percent year-over-year in June, advancing the state into fifth place in the monthly job creation rankings. Last year at this time, the Grand Canyon State ranked 32nd.

The "big danger" facing Europe today is not the collapse of the Eurozone, but the drift toward a more centralized fiscal union, according to Nobel Prize Laureate and Regents Professor Edward C. Prescott. He spoke at an executive forum held June 9 at the Shanghai National Accounting Institute.

The key message at the Economic Outlook Luncheon was: Plan for long-term improvement in the economy.

Robert E. Mittelstaedt, dean of the W. P. Carey School of Business, surveyed the current employment picture in the U.S. at the November 8, 2012 Economic Club of Phoenix luncheon. The Economic Club of Phoenix, an affiliate of the W. P.

At the 49th Annual Economic Forecast Luncheon, co-sponsored by the W. P. Carey School of Business Department of Economics and JPMorgan Chase, two experts offered their insights into Arizona’s economy in 2013.