Register | Forgot Your Password? | Close

PHOENIX -- Experts say Arizona is on the path to full economic recovery and may get there in about three years.

Economists say Arizona ranked fifth among states for job growth as of September and Phoenix was fourth among large metropolitan areas.

They say Arizona is expected to add 60,000 jobs next year led by professional and business services, retail, hospitality and health care.

Experts also say Arizona may see a 2.5 percent growth in its employment rate next year. They also predict that the state's unemployment rate will dip below 8 percent in 2013.

About 1,000 people attended Wednesday's 49th annual Economic Forecast luncheon at the downtown Phoenix Convention Center.

The event was co-sponsored by Arizona State University's W. P. Carey School of Business and JPMorgan Chase.

Associated Press,

share this story:
Attention Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus

World Class Arizona

  • Dignity Health

    World Class People. World Class Company. Excellent care, delivered with compassion, for all in need.

Voice For A Better Arizona

  • Family in Focus

    KTAR spends the week taking a look at the issues a modern Arizona family faces.