Quantcast
Home / Home news / Arizona two-year jobs forecast projects increases

Arizona two-year jobs forecast projects increases

State economists say Arizona is on a pace to add about 50,000 nonfarm jobs annually but that the rate of increase still trails the period before the Great Recession.

Arizona has about 2.5 million nonfarm jobs, and Department of Administration economists project a 2 percent increase this year and a 2.3 percent gain in 2013.

That compares with an average increase of 3.2 percent from 1997 to 2006.

The department says economic sectors with the biggest projected increases are educational and health services, leisure and hospitality, and transportation and utilities, followed by construction.

The department’ says many economic indicators point upward.

But it cautions that risks add uncertainty. Those include rising petroleum prices, a potential military conflict in the Persian Gulf and the public debt crisis.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

 

x

Check Also

Rep. Trent Franks, R-Ariz., takes his seat before the start of a House Judiciary hearing on Capitol Hill in Washington, Thursday, Dec. 7, 2017, on Oversight of the Federal Bureau of Investigation. Franks says in a statement that he never physically intimidated, coerced or attempted to have any sexual contact with any member of his congressional staff. Instead, he says, the dispute resulted from a discussion of surrogacy. Franks and his wife have 3-year-old twins who were conceived through surrogacy. (AP Photo/Carolyn Kaster)

Suits seek to bar 2 Democrats seeking ex-Rep. Franks’ seat

Two of three Democrats running in the special primary election to replace former U.S. Rep. Trent Franks are facing lawsuits challenging their right to appear on the ballot.