Ariz. jobs outlook expected to rebound as confidence grows

Ariz. jobs outlook expected to rebound as confidence grows
Hiring is expected to increase in several areas of the Arizona economy this year as the recovery picks up momentum and employers gain confidence. Traditionally strong sectors are poised to add jobs in 2012: private education, health care and transportation, as well as retail and hospitality. Some areas in technology are also hot, and construction jobs are making a small comeback. Warehouse and distribution centers are expanding and adding workers, which is a harbinger of future economic growth fueled by increased consumer spending.
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The one number to watch for a housing recovery
Over the past few months, many economists have concluded that that the U.S. housing market has reached a turning point and is healing. In a recent, economist Paul Dales said higher prices won't be the sign that tells us there's a real recovery under way. Rather, the recent pick-up in sales is what we should pay attention to. After all, prices tend to be a lagging indicator. It could take six months for any improvements to show in the market, if not longer.
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