Make us your home page

Tampa Bay area job loss second worst in country

Tough news for the Tampa Bay area Tuesday from the Bureau of Labor Statistics: Of the 49 largest metropolitan areas, the Tampa-St. Petersburg-Clearwater area saw its jobless rate in November increase a whopping 3.3 percentage points — to 7.8 percent from 4.5 percent in November 2007. That percentage increase was second among big metro areas only to the 3.6-point jobless rate jump in the Providence, R.I., area. And it equals, interestingly, the 3.3-point bump reported in Charlotte-Gastonia-Concord, N.C.-S.C., a metro area that fared well in recent years until the banking industry started to suffer. In actual jobs lost, the Tampa Bay area shed 30,600 in the past year, BLS said. That's 15 percent of the 202,600 jobs lost statewide from November '07 to November '08. Only the larger Miami-Fort Lauderdale-Pompano Beach area shed more jobs — 59,300 (third largest among metro areas nationwide) — in the past year. Orlando proved resilient, shedding just 7,500 jobs in the same period. The national unemployment rate in November was 6.5 percent, 1.3 points lower than the Tampa Bay area's.

Tampa Bay area job loss second worst in country 01/06/09 [Last modified: Wednesday, January 7, 2009 11:40pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Tampa man pleads guilty to forging check for fake investment

    Personal Finance

    A Tampa resident was convicted Thursday for forging a check for a fake investment. The Florida Office of Financial Regulation said that Eric Franz Peer pleaded guilty. He served 11 months in jail and will have to pay $18,000.

  2. Minority business accelerator launch by Tampa chamber to aid black, Hispanic businesses


    A "minority business accelerator" program was launched Thursday by the Greater Tampa Chamber of Commerce geared toward helping black and Hispanic business owners identify and overcome barriers to grow their companies. The accelerator, known as MBA, will provide participants with business tools to cultivate opportunities …

    Bemetra Simmons is a senior private banker at Wells Fargo, The Private Bank. She is also chair of the new minority business accelerator program for the Greater Tampa Chamber of Commerce. [Photo, LinkedIn]
  3. Terrier Tri brings unique triathlon training to South Tampa


    Over a decade ago, Robert Pennino traded late nights in the music studio for early mornings in the Terrier Tri cycle studio.

    Terrier Tri, a cycling studio in South Tampa celebrates a grand opening on June 27. Photo courtesy of Tess Hipp.
  4. New bistro hopes to serve as 'adult Chuck E. Cheese'


    YBOR CITY — Inside Cheezy's Bistro and Speakeasy, a new restaurant opening in Ybor City, customers will find a mix of family recipes, games and secrecy.

    Cheezy's Bistro and Speakeasy readies to open in Ybor City. Photo courtesy of Cheezy's Bistro and Speakeasy.
  5. Ramadan having an economic impact on local charities, businesses

    Economic Development

    TAMPA — Dodging the rain, a few families and customers gathered inside Petra Restaurant on Busch Boulevard. Around 8:30 p.m., the adham (or call to prayer) music begins, signaling Iftar, the end of the daily fast. Customers grabbed a plate to dig into the feast.

    Baha Abdullah, 35, the owner of the Sultan Market makes kataif, a common dessert that is eaten during the month long celebration of Ramadan in Tampa. [OCTAVIO JONES   |   Times]