Employment-to-Population Ratio in Arizona as a Percentage of the National Average
A reasonable target is for Arizona’s employment-to-population ratio to be within 5 percent of the national average. This was the case from 1984 through 1988. Otherwise, the employment-to-population ratio in Arizona generally has been between 6-and-9 percent below the national average, with the ratio somewhat cyclical, being higher during economic expansions.
The employment-to-population ratio rose more in Arizona than the U.S. average from 2003 through 2006, raising Arizona’s figure to only 4.4 percent less than average in 2006. However, Arizona’s ratio fell in each of the next seven years relative to the U.S. average, reaching a record low at 11.2 percent below average in 2013.