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Economist: Stimulus will replace 4.5 percent of lost Florida construction jobs

The real estate slump is putting people out of work. But how bad has it gotten? Let's turn to Ken Simonson, chief economist of the Associated General Contractors of America, who spoke in Tampa this week:

686,300 Number of construction jobs in Florida at the peak in July 2006

432,100 Number of state construction jobs now

-37 Percent difference in employment between peak and present

11,500 Florida construction jobs to be created by $1 billion in federal stimulus

4.5 Percentage of lost construction jobs made up by stimulus

258 Ranking of Tampa-St. Petersburg-Clearwater home depreciation against other metro areas, with 1 being the least depreciated and 292 being the most

Source: Associated General Contractors of America

Economist: Stimulus will replace 4.5 percent of lost Florida construction jobs 05/20/09 [Last modified: Thursday, May 21, 2009 12:24pm]
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