Skip to Navigation

Cumulative Percent Change in Seasonally Adjusted Employment in Arizona Over an Entire Economic Cycle Starting From the Peak of the Prior Economic Cycle

Loading Data...

Visualization Notes:

The atypical nature of the current cycle is clearly displayed. The recession in seasonally adjusted employment in Arizona was much longer and deeper than in prior cycles and the recovery since then has been modest. In October 2014 (86 months after the prior cyclical peak, using the dating of Arizona employment) employment remained 3.6 percent lower than at the prior cyclical peak — only 70 percent of the lost jobs had been recovered 49 months after the trough.