Job Gains

State

Arizona jobless rate continues steady decline, workforce keeps growing

Arizona’s unemployment rate continued its steady decline in October, falling to 5.2%, down a full percentage point from just two months earlier and almost one-third of the state’s pandemic high, according to the latest Bureau of Labor Statistics data. It was the fourth straight month of a falling jobless rate for the state, even as

Economy

Americans are spending but inflation casts pall over economy

Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall. A raft of economic data issued Wednesday showed the economy on solid footing, with Americans’ incomes rising and jobless claims falling to a level not seen since the Beatles were still together. The spike

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