Tuesday, September 05, 2006

Arizona Job Gains Likely To Continue...

Arizona job gains likely to continue, from the Arizona Republic, reports that Arizona will continue to add jobs at a healthy clip through 2007 but not at the fast pace seen in 2005. Arizona economist at the Department of Economic Security see a 4.9 percent job growth rate in 2006 and 4 percent in 2007. That's down from the 5.3 percent job growth rate seen in 2005. The slowdown will be due to the housing market slowdown. But even at 4.9 percent, it will be much higher than the national average. The Department of Economic Security report said that out of Arizona's 11 major industry groups, 10 should grow jobs this year and next. The Arizona Business Conditions Index also rose to 60.5 in August from 54.4 in July. A reading above 50 indicates growth.



http://www.azcentral.com/php-bin/clicktrack/print.php?referer=http://www.azcentral.com/arizonarepublic/business/articles/0902biz-forecast0902.html

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