Economist’s ‘Glass Ceiling Index’ Shows U.S. Progress Has Stalled

Women around the world continue, in most cases, to be paid less than their male counterparts and have fewer options for career advancement. But progress has been made and momentum seemed to be building. However, the latest “Glass Ceiling Index” released by the economist says any movement forward has been stalled with the exception of[ … ]

Study Reveals Economic Impact Of Downtown Phoenix

If you’ve been to downtown Phoenix recently, you’ve seen the boom of multi-family housing, skyscrapers, restaurants and bars opening all the time in the area. Annually, Downtown Phoenix, Inc. commissions an economic study of how the district is performing by analyzing the sales tax revenues for restaurants, bars and hotels. For the 2018 study, they[ … ]

Phoenix Experiences Record Employment Growth in 2017

The latest job numbers for the Phoenix metro area show record employment growth in 2017. Christine Mackay, Community and Economic Development director with the City of Phoenix, said the metro region added over 38,000 full-time, non-farm jobs in 2017. “Where we saw the greatest growth was in education and healthcare hiring,” Mackay said. “Another thing[ … ]

Economist: Higher Arizona Minimum Wage Hasn’t Affected State Economy — Yet

Minimum wage workers in Arizona got a raise Monday, of 50 cents an hour. The state’s minimum wage now stands at $10.50 an hour. It’s part of a voter-approved increase, which will ultimately reach $12 an hour by 2020. Last year was the first year of that increase, and Ethan Clay, an economic policy analyst[ … ]