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Can you even imagine how RED HOT our economy in Arizona would be if their was not this correction in the real estate market right now. We created 28,500 jobs in September! A great part of that is seasonal employment. But what is more important is the unemployment rate is at 2.8% in the metro Phoenix area vs 3.2% last month and 3.4% last year. Come on people move here! We have JOBS, we have HOUSES and they are much CHEAPER today than LAST YEAR!Construction, of course, gave up 2,000 jobs. Then most every other sector added jobs. The largest was in government for all the teachers going back to work. You can read the full report at:
http://www.workforce.az.gov/admin/uploadedPublications/2601_PrOct2007.pdf
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