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Economists: Arizona to regain all jobs lost in the pandemic in 2021


Economists: Arizona to regain all jobs lost in the pandemic in 2021
Jim Poulin - Phoenix Business Journal
By:
Corina Vanek - Phoenix Business Journal
Posted at 8:49 AM, May 14, 2021
and last updated 2021-05-14 15:28:35-04
PHOENIX — This year, Arizona is expected to add 116,900 new jobs, which will put the state ahead of where it was for total jobs before the Covid-19 pandemic, experts said at the annual economic forecast event held by the Economic Club of Phoenix, a unit of the W. P. Carey School of Business at Arizona State University.
“Our current recession started in April 2020, we lost over 331,000 jobs,” Lee McPheters, research professor of economics at ASU and director of the school’s JPMorgan Chase Economic Outlook Center, said. “But we’ve already recovered over two-thirds of those.” ....

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ASU professors say Arizona economy poised to recover jobs


ASU professors say Arizona economy poised to recover jobs
May 7, 2021
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PHOENIX (AP) Arizona State University forecasters say the state s economy is rebounding and poised in coming months to recover all the jobs lost in 2020 due to the pandemic recession.
“The forecasts are clear it’s really onward and upward from here,” economics professor Dennis Hoffman said Thursday during a webinar for the Economic Club of Phoenix, the Arizona Republic reported.
Lee McPheters, another ASU economic professor, said continuing population gains and improving business conditions mean Arizona could gain about 117,000 net jobs this year and 89,000 next year.
That would put the state’s employment back to pre-pandemic levels by the end of 2021 or early 2022. ....

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Consumers Anticipate Normal Spending as Economic Outlook Brightens


Consumers Anticipate Normal Spending as Economic Outlook Brightens
Economic Outlook Hosted by the W. P. Carey School of Business at Arizona State University Live on Zoom May 6
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TEMPE, Ariz., April 26, 2021 /PRNewswire/  The state and national economic outlook has brightened as federal stimulus programs are expected to boost output and employment in the months ahead, according to Arizona State University economists. With the economy rebounding and consumers looking forward to resuming more normal spending patterns, the annual Economic Outlook is an important event to attend. One of the longest-running, most in-demand forecast events in the Valley will be offered live on Zoom and presented by the Economic Club of Phoenix (ECP) on Thursday, May 6, from noon to 1 p.m. ECP events are free of charge this spring, and all are invited to attend the premier business speaker series. Register at wpcarey.asu.edu/ecp. ....

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Sheryl Palmer, Chairman and CEO of Taylor Morrison Home Corp., Named W. P. Carey Executive of the Year

/PRNewswire/ For the 38th time, the W. P. Carey School of Business Dean s Council has awarded an exceptional global business leader who has created and. ....

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