Arizona is near dead last in job growth. What went wrong?
Recent trends such as uncertainty over tariffs, the emergence of robotics and AI, and slowed migration are seen to have a major effect on the job growth in Arizona.
In this article published July 7, 2025, in AZ Central:
Hiring has slowed due to uncertainty over tariffs, unease over interest rates and more, and the overall effects of high interest rates and levels of uncertainty not seen since the Great Recession
— Lee McPheters, research professor of economics and director of JPMorgan Chase Economic Outlook Center
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