But revision of the data could come today
By Howard Fischer Capitol Media Services via Arizona Daily Star
Arizona’s economy appears on the mend, at least by one indication.New figures Thursday show the state’s seasonally adjusted unemployment rate dropped from 13.4% in April to just 8.9% in May.
But Doug Walls, the research administrator for the Office of Economic Opportunity, acknowledged the real number could be higher.
He said that’s the result of some “misclassification” errors by the federal Bureau of Labor Statistics, the agency that puts together both the state and national numbers.
Specifically, Walls said the BLS listed some people as employed when they were actually on furlough or had been laid off.
So what’s the real number? Walls said the bureau won’t release that until Friday.
