Thursday, April 13, 2006

2005 A Record Year For Job Growth...

Economists: 2005 a record year for jobs growth in state, from the Phoenix Business Journal, reports that employment growth in Arizona set a record in absolute numbers and, in percentage terms, was the strongest in a decade for the state and for greater Phoenix, according to economist Elliott Pollack in the Arizona Blue Chip Economic Forecast report. State employment growth was revised upward to 5.3 percent from a preliminary estimate of 4.1 percent, as Arizona added more than 125,000 new jobs. "This is a remarkable performance and far exceeds, in absolute terms, any year in history," said Pollack. "The employment boom seems to be broad based and sustainable." And despite a slowdown in the housing market, the economic outlook looks good for this year, according to the report.





http://phoenix.bizjournals.com/phoenix/stories/2006/04/10/daily19.html?t=printable

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