Arizona could be headed for another year of solid employment growth despite several recent high-profile layoff announcements. But some economists caution that tariff and mass-deportation proposals, if implemented after Donald Trump becomes president, could dim the jobs outlook.
While still a jobs leader with a below-average unemployment rate of 3.6% as of October, Arizona has hit some potholes of late. One recent indication: Nikola Corp., the maker of battery-electric and hydrogen powered heavy trucks, implemented another round of layoffs, following some reductions last year.
https://www.usatoday.com/story/money/economy/2024/12/30/nikola-layoffs-arizona-jobs-economy/77326515007/?gnt-cfr=1&gca-cat=p