Make us your home page

Reasons for hope as nation's jobs update approaches

Jobs have long been an important missing piece in the country's tentative economic recovery, with anemic hiring and a national unemployment rate that remained stubbornly close to 9 percent for all of last year.

Will the numbers improve when the feds release the employment update Friday morning? There are signs of hope.

1. Private employers added a much-better-than-expected 325,000 net new jobs in December, according to ADP's monthly payroll report released Thursday.

2. New applications for unemployment benefits fell 15,000 last week to a seasonally adjusted 372,000, the Labor Department reported. That's down 11 percent from a year ago.

3. Layoffs in December fell to the lowest level since June, according to outplacement firm Challenger, Gray & Christmas. Florida and Tampa Bay experienced a similar falloff.

4. More companies say they will hire temporary workers this year, a move that often precedes adding permanent staffers, according to CareerBuilder.

5. Manufacturing in U.S. factories grew in December at the fastest rate since June, according to the Institute for Supply Management. New orders, production and employment all grew faster than in November.

Compiled by Jeff Harrington, Times Staff Writer

Reasons for hope as nation's jobs update approaches 01/05/12 [Last modified: Thursday, January 5, 2012 5:48pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Tampa is 15th-most popular city to move to with U-Haul


    TAMPA —Tampa is undoubtedly a destination point, at least according to U-Haul.

    Tampa is the No. 15 destination for people moving with U-Haul trucks. | Times file photo
  2. Florida's economy growing faster than other big states and far better than U.S. overall


    When it comes to economic growth, Florida's running alongside the leading states and well ahead of the United States as a whole.

  3. Westshore Marina District project takes shape with another acquisition

    Real Estate

    TAMPA — One of Tampa Bay's prime waterfront areas took another major step toward redevelopment Friday as WCI Communities bought 2.35 acres in Westshore Marina District.

    WCI Communities, Lennar's high-end subsidiary,has paid $2.5 million for 2.35 acres in the Westshore Marina District for 35 townhomes. WCI is under contract  to buy an additional 9.5 acres.
[BTI Partners]
  4. Posh Guy Harvey RV park to open in Tampa Bay with $250,000 cottages


    HOLIDAY — Love those Guy Harvey T-shirts with the soaring marlins? In the not too distant future, you might be able to kick back in your own Guy Harvey cottage in the first-ever Guy Harvey RV park.

    Renderings of the clubhouse and an RV cottage site of the planned Guy Harvey Outpost Club & Resort Tarpon Springs.
[Guy Harvey Outpost Collection]
  5. Port Tampa Bay secures $9 million grant to deepen Big Bend Channel


    Port Tampa Bay has secured a $9 million grant from the U.S. Army Corps of Engineers for the widening and deepening of the Big Bend Channel in southern Hillsborough County.