ABC15 – Data: How Does Arizona Fit Into New Jobs Report?
The latest jobs report shows that 431,000 jobs were added in March. This marks the 11th consecutive month of growth over 400,000 jobs. The report represents a slight miss as analysts were projecting around 490,000 jobs would be added. Despite the slight miss, the nation’s unemployment rate dropped to 3.6% which brings it in line with pre-pandemic levels.
How does Arizona fit in?
ABC 15 spoke one-on-one with White House Deputy Press Secretary Chris Meagher. He told us that the American Rescue Plan from 2021 was a big driver for the employment recovery. They may have a point for much of the country, but data for Arizona shows that employment recovery as long underway before the act passed in March 2021. In fact, Arizona reached pre-pandemic employment numbers just a month later.
