Saturday, February 24, 2018
Business

By the numbers: 22 ways to slice Florida's reviving job market

Trying to assess the state's economy by simply noting that Florida now has a 7.7 percent jobless rate is like gauging the success of the Tampa Bay Rays by their low team batting average. One number just isn't enough information to flesh out what's really happening. • So let's take a quick look at a broader swath of statistics that — together — better measure the state of the Florida and Tampa Bay job scenes. There is progress in these numbers, but many more and better jobs still need to be created.

7.7 percent: The unemployment rates in Florida and the nation as a whole are now the same.

1.3 percentage points: The drop in Florida's unemployment rate in the past year from 9 percent to 7.7 percent.

2 percentage points: The drop in Tampa Bay's unemployment rate in the past year, to 7.4 percent from 9.4 percent.

11.4 percent: The state jobless rate, a modern-day record, reached in March 2010.

12.5 percent: Tampa Bay's jobless rate in early 2010.

6.6 percentage points: The difference in jobless rates between the county with the highest rate, Hendry at 10.8 percent, and the one with the lowest rate, Monroe at 4.2 percent.

729,000: Floridians technically still out of work.

128,100: Jobs created statewide between February 2012 and February 2013, ranking third among all states, behind only Texas and California.

33,200: Jobs created in Tampa Bay between February 2012 and February 2013, more than in any other metro area in the state.

700: Jobs lost in the past year in Panama City, the only state metro area to suffer a loss.

2,100: Construction jobs created in Tampa Bay from January 2012 to January 2013 after years of heavy losses.

3.2 percent: The increase in the average per capita personal income for Floridians in 2012, to $40,344, ranking 27th among the states.

4.7 percent: The increase in the average personal income for Floridians in 2011.

40: The rank of Tampa Bay among the 50 largest metro areas in economic confidence, says Gallup.

35: The rank of Tampa Bay among the 50 largest metro areas in Gallup's job creation index.

1.125 million: People employed in Florida in education and health care.

41,500: State job gains in leisure and hospitality in the past year, tops of any sector.

1.074 million: People employed in Florida in government.

11,100: Jobs lost in the government sector statewide in the past year.

Robert Trigaux can be reached at [email protected]

 
Comments
Edward Peachey demands severance from CareerSource before stepping down

Edward Peachey demands severance from CareerSource before stepping down

The head of the Pinellas and Hillsborough career centers under multiple investigations into the way they report job placement figures says he has no intention of stepping down.That’s unless he is paid five months severance.In a letter from his attorn...
Published: 02/23/18
Terminally ill Valrico man dies a month after marrying junior high sweetheart

Terminally ill Valrico man dies a month after marrying junior high sweetheart

VALRICO — During his final few days, 19-year-old Dustin Snyder moved to a hospice house, surrounded himself with belongings from home, swam in a pool and visited the beach in Ruskin.Wherever he went, the terminally ill Valrico man had family beside h...
Published: 02/23/18
Tampa Downtown Partnership gets initial city okay to expand north

Tampa Downtown Partnership gets initial city okay to expand north

TAMPA — The Downtowner may be heading to Tampa Heights — but not until Oct. 1.That’s because the nonprofit Tampa Downtown Partnership this week won initial City Council approval to expand into Tampa Heights."Tampa Heights is becoming an important gat...
Published: 02/23/18

Tampa lawyer gets 27 months in federal prison for insider trading

Tampa lawyer Walter "Chet’’ Little was sentenced this week to 27 months in federal prison for engaging in an insider trading scheme that reaped him and a friend profits totaling nearly $1 million.According to federal authorities, Little accessed comp...
Published: 02/23/18
More companies are cutting ties with gun lobby as #BoycottNRA movement gains steam

More companies are cutting ties with gun lobby as #BoycottNRA movement gains steam

Three major companies — Enterprise Holdings, First National Bank of Omaha, and the cybersecurity giant Symantec — have ended co-branding partnerships with the National Rifle Association as a #BoycottNRA social media movement picks up steam.Enterprise...
Published: 02/23/18
Citi to refund $330 Million to credit card customers it overcharged

Citi to refund $330 Million to credit card customers it overcharged

Citigroup is preparing to issue $330 million in refunds after the bank discovered it had overcharged nearly 2 million credit card customers on their annual interest rates, a spokeswoman said Friday.The bank, which has about 150 million credit card ac...
Published: 02/23/18
Girl Scouts camp sold to member of Tampa’s Lykes family

Girl Scouts camp sold to member of Tampa’s Lykes family

ODESSA — The 63-year-old lakeside summer camp had no air conditioning or electricity. Cabin floors were often covered in grime, and cobwebs clung to the windows.But under new ownership, the 18.6 acres of Florida woods known as Camp Scoutcrest to memb...
Published: 02/23/18
BB&T cites ‘technical issue’ in outage affecting customers

BB&T cites ‘technical issue’ in outage affecting customers

Millions of BB&T customers were unable to access their accounts after a service outage which the bank blames on an equipment malfunction. The Winston-Salem, North Carolina-based bank posted a statement on its Twitter page saying the problem persiste...
Published: 02/23/18
Realtors are ‘every 10 feet’ in Florida but more want in the business

Realtors are ‘every 10 feet’ in Florida but more want in the business

ST. PETERSBURG — Tired of working as a yacht captain, Pancho Jiminez decided to get into real estate even though he knows it’s a highly competitive field in Florida."Realtors are every 10 feet around here," he says.Nonetheless, Jiminez is among 30 st...
Published: 02/23/18
Winn-Dixie sells 8 stores after report says owner could close 200 locations

Winn-Dixie sells 8 stores after report says owner could close 200 locations

A week after Bloomberg reported that Southeastern Grocers — the Jacksonville retailer that owns Winn-Dixie and other chains — could be closing up to 200 stores, the company announced it was selling off eight of its Louisiana locations.Texas’ Brooksh...
Published: 02/23/18