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Arizona expects moderate gain in jobs for 2014

 

Report: Construction jobs picking up in Phoenix, elsewhere in state

 

Arizona is expected to create 59,000 jobs in 2014, a moderate gain of 2.35 percent, the state’s Office of Employment and Population Statistics said.

 

The projections in 2014 are slightly better than the forecast for 2013, which is pegged at 48,500.

 

“This forecast suggests positive economic trends overshadow potential risks,” the statistics office.

 

The latest figures also paint a better picture than the forecast in May.

 

The statistics office said construction, natural resources and mining and professional business services will lead the growth in new jobs.

 

The predicted 14.7 percent growth in construction jobs also confirms the steady rebound by the housing sector, which was hit especially hard during the recession.

 

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