KTAR News – Arizona Economy Speeding Towards Long-Lasting Growth, Consultant Says
As 2021 rushes to an end, a top economist in Phoenix says the state is doing what it needs to keep growing over the next several years.
Arizona has fully recovered the estimated 320,000 jobs that were lost since the onset of the COVID-19 pandemic, Gov. Doug Ducey announced Thursday, after the release of a November employment report from the Arizona Commerce Authority.
“I think there’s a lot to point to on the economic side when it comes to talking about the state,” Phoenix-based economist Jim Rounds of Rounds Consulting Group told KTAR News 92.3 FM.
Employment in the state has reached 2,998,000, the commerce authority said.
Arizona is one of only three states to see full job recovery, according to the economic-development group’s press release. As a whole, the country has recovered 83% of jobs lost since last year.