From “The Monday Morning Quarterback,” Elliott D. Pollack & Company, August 26th, 2013.
Even though job growth in Arizona in this cycle has been mediocre relative to what would be normal for the State, recently released jobs data shows that the State has made a significant recovery relative to other states. After being in the top five growth states for years, things changed in this cycle. For example, in 2010, the State was 49th out of 50 states in job growth. Yet, for the first seven months of 2013 compared to the similar 2012 period, the State now ranks 7th out of 50. And for July 2013 vs. July 2012, the State was 4th out of 50.