This morning, the Eller College of Management hosted its annual Breakfast with the Economists presented by JP Morgan Chase . Held at the Westin La Paloma Resort, the event featured keynote speakers George W. Hammond, PhD, research professor and director of the Eller Economic and Business Research Center , and Anthony Chan, former chief economist at JPMorgan Chase, and the economists offered their view of the Arizona economy right now.
Below are key takeaways shared by Hammond and Chan during the event:
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Jobs, labor and unemployment
• State job growth was revised down significantly last year, matching the national pace.
• The state labor market remained tight, with relatively low unemployment and low labor