COVID-19 Drives Tucson's Unemployment Rate Up The COVID-19 pandemic has resulted in widespread health, social well-being, and economic consequences across the globe. In the United States, the non-seasonally adjusted (NSA) unemployment rate shot up to 14.4% in April. This was...
Arizona’s seasonally-adjusted unemployment rate spiked up significantly in April, reaching 12.6%. That was below the national rate of 14.7%, but was the highest reading since the beginning of the current series in 1976. Arizona’s unemployment rate fell just behind Texas...
The City of Tucson , Pima County , and the Economic and Business Research Center at the University of Arizona have collaborated to study housing and neighborhood vulnerability within the City of Tucson and Pima County. The goal of the...
Did household debt play a role in the sluggish recovery from the 2008-2009 recession? Recent research suggests that it did. What does this mean for the current COVID-19 induced downturn? The Board of Governors of the Federal Reserve System recently...
The news is currently full of the devastating economic consequences of the COVID-19 pandemic. This downturn is a result of the physical distancing guidelines deemed necessary by our government to reduce the community spread of COVID-19. So far we have...
Amid closures prompted by the COVID-19 pandemic, Arizona’s seasonally-adjusted unemployment rate spiked up significantly reaching 12.6% in April. That was below the national rate of 14.7% but was the highest reading since the beginning of the current series in 1976...
Prior to the COVID-19 pandemic, the Tucson economy posted the strongest growth in the past decade. Employment gains were at a 13 year high of 1.9% in 2019 (see figure 1), GDP outpaced the nation, and wages increased by 4.1%...