Arizona’s mysterious jobless rate
Why is Arizona's unemployment rate relatively low? The national rate in February was 8.1 percent, while Arizona's rate was 7.4 percent. This was 2.9 percentage points higher than in the same month last year, but well below California's 4.3 jump (to 10.5 percent) or Washington's 3.7 increase (to 8.4 percent).
This was the question that the Arizona Republic political columnist Robert Robb claimed to set out to answer in a recent column. I tend not to pay attention to Robb because he pretty much always says the same thing: status quo good, government bad, etc. Robb, the only editorial columnist for the paper, is not a journalist and came out of the "Goldwater" Institute and right-wing/growth machine political world. So one knows where he's coming from.
Not surprisingly, he uses this question to set up a straw-man. He disputes the notion that Arizona is too dependent on real estate, asserts that the state has "a fundamentally solid underlying economy," and deplores "various advocates of various dubious schemes to 'diversify' Arizona's economy." (A graceful stylist, no). So that's it. Move along. Nothing to see here.