Revised outlook for 2014 calls for 59,000 new jobs across Arizona

jobs-reportBy Andrew Knochel | Cronkite News Service

Arizona will add 59,000 jobs in 2014, with the growth rate increasing from 2 percent in the two years prior to 2.3 percent, according to a report by the state’s Office of Employment and Population Statistics.

Overall, the report said, the U.S. has regained 78 percent of the jobs lost since the prerecession peak. Arizona has only seen 47 percent of the jobs lost come back, but “the fundamentals of Arizona’s economy continue to show signs of growth,” it said.

The report, released Thursday, indicated that growth would be slightly higher than had been predicted by a May forecast.

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