Shifting winds: Demographics play role in employment dynamics
Politicians and pundits blame sinking workforce participation on discouraged workers exiting the job market, but actually demographics plays a big role.
Update: Jobs and Arizona's economic recovery
Three and a half years after the end of the recession, Arizona lags behind the nation in the proportion of lost jobs regained. This is not because of slow growth in Arizona, but is due to the fact that the state was harder hit in the downturn and industries have more jobs to replace.
Return to normal employment still far off
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.
Four more years until lost jobs come back?
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.
Arizona ranks fourth in July job gains
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.
U.S. jobs: Return to peak years away
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.
Grand Canyon state ranks among top 5 in job growth
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 jobs forecast for Arizona: Slow but steady growth
Job Growth, Arizona EcoomyArizona is adding jobs at a rate that puts the state in the top 10 for job growth, but full economic recovery is still ahead, according to Lee McPheters, economist and director of the JPMorgan Chase Economic Outlook Center at the W. P. Carey School of Business.
Arizona job growth ranks 8th in March
Arizona employment increased by 1.9 percent year-over-year in March, advancing the state into the 8th position in the job creation rankings. Last year at this time, the Grand Canyon State ranked 36th.
U.S. job growth slow but steady
The nation added 103,000 new nonfarm jobs in September, according to the latest report from the U. S. Bureau of Labor Statistics.