More than 653,000 Valley workers filed for unemployment assistance since the pandemic shut down the state. The Department of Economic Security is struggling to keep up with the high volume of claims — and the demand for help is expected to keep coming.

Although the economy is expected to gradually improve beginning in July, the unemployment rate in the Valley will still be in at nearly 10% by December.

Employment data needs to be accurate and up-to-date, but most traditional economic statistics, such as those for the labor market, fall short because they are reported with an extremely slow response.

Governor Doug Ducey's stay-at-home order officially expired on May 15. What will the Valley's new way of life look like? Arizona PBS asked Professor of Economics Dennis Hoffman.

Arizona State University economists say the state’s economic slide due to the coronavirus pandemic will last for months but be followed by a quick rebound that results in recovery by early 2021.

The job market is difficult to understand without accurate data. An ASU economist's workforce surveys are more current than the government’s — and more frightening.

As the state of Arizona reopens, the road to recovery is filled with many unknown factors. Professor of Economics Dennis Hoffman shares his insight on the future economic outlook for Valley businesses.

The unemployment rate in April reached a record high since the Great Depression. Millions of Americans have also had their hours cut to part-time status.

How soon will the economy pick back up as Arizona and other states reopen their economies? Professors from the W. P. Carey School of Business share their predictions on the recession.

Professor of Economics Dennis Hoffman who's the director of the L. William Seidman Research Institute agrees on the need to take steps gradually.