The latest jobs numbers gives hope to workers, employers, and the government that the Great Recession and jobs crisis may be slowly starting to retreat permanently.
While the job market in South Florida continues to struggle, nationally, the numbers remain positive, but not enough to bring the unemployment rate down.
The economy continued to show growth over the final two months of the 2012 calendar year, but it wasn’t enough to bring down the unemployment rate in December.
The number of people asking for unemployment benefits last week dropped to the lowest level since March 2008, according to the Labor Department.
Florida’s jobless rate fell in November to 8.1 percent, its lowest rate since late 2008.
The U.S. economy continued to show signs of life in November even as the nation edged ever closer to the fiscal cliff/austerity crisis.
Young people have always flocked to South Florida for the night life, the pristine beaches, and the overall atmosphere. But, according to the U.S. Census, South Florida is not the best place in the Sunshine State for young workers to find a job.
Florida ranked among the bottom ten states in 24/7 Wall Street’s list of America’s best- and worst-run states.
Florida’s seasonally adjusted unemployment rate dropped 0.2 percentage points to 8.5 percent in October 2012. The October unemployment report was the lowest unemployment rate in the state since December 2008.
The eagerly awaited October jobs numbers from the Labor Department were released on schedule Friday and showed 171,000 jobs added in October with the unemployment ticking a notch higher to 7.9 percent.