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Old 08-26-2011, 06:19 AM
Location: Gilbert - Val Vista Lakes
6,069 posts, read 14,577,779 times
Reputation: 3875


Brookings report: Phoenix No. 7 among U.S. metros in job-growth

"For whatever reason, Phoenix has been able to add jobs at a fairly rapid rate over the past year without exceptional performance on the other indicators," Rothwell said.
This is a report back in May, and we're still seeing jobs added.
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Old 08-27-2011, 05:43 AM
183 posts, read 539,003 times
Reputation: 137
Arizona State University economist Lee McPheters said, "That means the 'Arizona rebound' that we thought we saw as the year ended was a mirage."
Ghost inventories, mirages
This state is getting to sound spooky
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Old 08-28-2011, 05:41 PM
Location: East Central Phoenix
7,907 posts, read 11,837,899 times
Reputation: 9632
We have recently had a spree of new hirings at my firm (a very large banking institution), and it was supposedly the first time new positions were posted in nearly three years. This is a positive sign as of now ... but the word is that we could possibly be in for another recession due to some recent happenings. I certainly hope that isn't the case.

I'll tell you one thing: if & when the current economic slump reverses and the Phoenix job market starts booming again, we had better concentrate on luring in more large reputable companies, and creating a more business friendly atmosphere that will encourage them to base their national or global HQs here. Phoenix has done well as a regional hub, but the nation's sixth largest city should be aiming much higher. This is no longer a small or mid sized metro region, and we can't keep behaving like it. An economy based on the sunny climate & seasonal tourism with WalMart being the largest employer should be pretty embarrassing to a metro area our size.
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