Arizona’s seasonally adjusted jobless rate dropped to 4.7 percent last month, the lowest rate in nearly a decade. The decline of three tenths of a point came as private sector employers said they added 10,300 new workers between August and September.Read More »
Arizona lost 800 private sector jobs last month as the state continues to find its financial footing to finally recover from the recession.Read More »
President Barack Obama is proposing to overhaul the nation's mortgage finance system, including shutting down government-backed Fannie Mae and Freddie Mac — a plan with bipartisan support on Capitol Hill.Read More »
Arizona's unemployment rate for March remained flat at 7.9 percent, above the national rate of 7.6 percent but below the state's rate of 8.4 percent a year earlier.Read More »
A few months ago, the city of Phoenix rolled out a $450,000 taxpayer-funded report showing that local governmental workers were paid 6 percent more in aggregate wages and benefits than private sector workers on average.Read More »
Arizona's unemployment rate is down slightly due to growth in professional and business services and a drop in people looking for work.Read More »
Arizona's seasonally adjusted unemployment rate is holding at 8.7 percent despite the loss of 3,000 jobs in December.Read More »
Major economic indicators in Arizona point to a steady recovery, although some bumps remain.
Revenues in August grew by 8.6 percent, buoyed by strong showings in sales and individual income taxes.
The National Labor Relations Board (NLRB) has announced a new mandate on private sector employers requiring them to prominently display posters that outline employees’ rights to join a union.Read More »
There is a myth going around that even if government employees are inefficient or unneeded, we should not terminate them in this economic crisis because it would dampen the economy.Read More »