 |
|
| Slight Employment Growth Expected by the End of 2010 |
The 2009-10 Forecast Update projects nonfarm job losses for both 2009 (-178,500) and 2010 (-17,300). A total of more than 195,800 (7.5%) nonfarm jobs are expected to be lost over the two year period. Although projected job losses for 2009 have increased by 32,300 from the April Forecast, the projected losses in 2010 have decreased by 4,200 as the result of a gradually improving economy. |
10/1/2009
Go to publication...
|
Arizona Industry Employment
Average Annual Growth Rate |
(a) Historical
(b) Forecast
|
| |
2008(a) |
2009(b) |
2010(b) |
| Total Nonfarm |
-2.1%; |
-6.8% |
-0.7% |
| Manufacturing |
-4.0% |
-6.4% |
-2.5% |
| Natural Resources/ Mining |
17.4% |
-15.4% |
-3.2% |
| Construction |
-16.5% |
-26.6% |
-8.4% |
| Trade, Trans., & Utilities |
-2.4% |
-7.6% |
0.3% |
| Information |
-0.9% |
-6.8% |
-4.1% |
| Financial Activities |
-4.2% |
-4.4% |
-1.0% |
| Professional & Business Services |
-4.4% |
-11.1% |
0.0% |
| Education & Health Services |
4.6% |
0.2% |
1.8% |
| Leisure & Hospitality |
-1.5% |
-4.7% |
-0.8% |
| Other Services |
1.1% |
-6.0% |
-1.0% |
| Government |
3.0% |
-1.1% |
-0.6% |
|
|
|
|
|
|
