The Prescott labor market has cooled amid a shrinking workforce, according to an analysis by the Economic and Business Research Center , the premiere source for information on Arizona’s economy since 1949.

In August, the seasonally adjusted civilian labor force in the Prescott MSA stood at 106,966, remaining essentially flat over the month. After declining from 107,062 in April to 106,855 in May, the labor force has been gradually recovering. Despite recent monthly gains, the civilian labor force year-to-date remains 3.0% smaller than the prior year. Unavailable – Prescott Valley-Prescott MSA(Yavapai Co.) Monthly Summary

Seasonally adjusted unemployment in the Prescott MSA rose by 55 (1.2%) over the month to 4,318 in August. Nearly every month this year has shown increases in

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