Arizona economy: Big gains expected in employment, population

 

By Russ Wiles | Arizona Republic

Arizona’s job growth is expected to outpace the nation over the next several years, and most of the gains will occur in metropolitan Phoenix, a report released Thursday forecasts.

The state’s population also is expected to grow by 1 million residents over the same time period.

Arizona will add nearly 543,000 net new jobs through 2026, based on a 10-year estimate from the state Office of Economic Opportunity that includes this year and last.

The 1.7 percent annual growth rate for the state is higher than the projected  0.7 percent average annual job additions for the United States through 2026.

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