256,000 JOBS Will Be Added To State's Economy Through '06...

More than 256,000 jobs will be added to state's economy through '06, DES reports, from the Arizona Republic, reports that jobs will continue to be in demand in Arizona during the next two years, with a slight cooling in 2007, according to a report released by the Arizona Department of Economic Security. "Each of the 11 major industry groups are forecast to add jobs, and rates of growth are generally expected to improve on the healthy rates of 2005," according to the report. Arizona's economy is expected to add 256,000 non-farm jobs for the 2006-07 period. Arizona is continuing to see job growth due to the influx of new residents. Arizona's unemployment rate of 4.4 percent means that employers are having a hard time finding enough workers. The influx of new residents and jobs will help with the soft landing scenario for our housing market.

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