State Jobs Report: Unemployment Surges As Arizonans Rejoin The Workforce

Published: Monday, October 26, 2020 - 11:50am
Updated: Monday, October 26, 2020 - 11:51am
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As the state attempts to dig itself out of a coronavirus-shaped economic hole, the latest jobs report holds some good news — and some bad news — for Arizona.

The state Office of Economic Opportunity released its September jobs report late last week, and while the unemployment rate went up — to 6.7% — the state also added more than 30,000 new jobs in that time.

But there are a lot of caveats here, including the fact that the unemployment rate went up largely because more than 150,000 people decided to get back into the workforce — actually a good sign for the economy.

To break it all down, The Show spoke with economist Jim Rounds, president of Rounds Consulting.

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