Arizona gained just 6,400 nonfarm jobs in August (+0.2%)—the 18th-highest relative month-over-month employment growth among all states.
For the first time during this period of rapid price increases, the cost of Shelter in the Phoenix area (market and imputed rental prices) decreased between June and August.
Reduced academic- and career-readiness among the cohort means fewer of students who do graduate will enroll in and ultimately graduate from college.
Arizona gained just 1,400 nonfarm jobs in July (+0.04%) – 30th in month-over-month employment growth among all states.
At 4.4%, year-over-year price inflation in the Phoenix metropolitan area last month was 3 percentage points below its April reading of 7.4%. Month-over-month inflation is 0.1%, a 0.7% decrease from April.
This year, the Arizona Chamber of Commerce and Industry identified 67 “Job Killer” bills which would have imposed substantial new taxes, costs, or administrative burdens on Arizona businesses.