Local unemployment rate jumps to 13.4 percent, Rising Florida unemployment numbers tie 1975 record (Jacksonville: how much, house)

[bentlebee]

Rising Florida unemployment numbers tie 1975 record - Bay News 9 (http://www.baynews9.com/content/36/2010/3/10/593192.html?title=Rising+Florida+unemployment+numb ers+tie+1975+record - broken link)

TALLAHASSEE, Fla. (AP) - Florida has reached an 11.9 percent unemployment rate, tying a record high since the state began keeping track four decades ago.

The Agency for Workforce Innovation said Wednesday unemployment figures for January rose 0.2 points from the revised December rate of 11.7 percent. That equals the record high established in May 1975.

Florida's jobless rates are 2.2 percentage points above the national average of 9.7 percent.

Jobless numbers, county by county
Jan 2010 Dec 2009 Jan 2009
Citrus
14.6 13.6 TALLAHASSEE, Fla. (AP) - Florida has reached an 11.9 percent unemployment rate, tying a record high since the state began keeping track four decades ago.

The Agency for Workforce Innovation said Wednesday unemployment figures for January rose 0.2 points from the revised December rate of 11.7 percent. That equals the record high established in May 1975.

Florida's jobless rates are 2.2 percentage points above the national average of 9.7 percent.

Jobless numbers, county by county
Jan 2010
Dec 2009 Jan 2009

Citrus
14.6 13.6
11.6

Hernando
15.7 14.9
12.1

Hillsborough
12.7 12.1 9.0
Manatee
13.2 12.6 9.8
Pasco
14.3 13.3 10.5
Pinellas
12.7 12.0 9.4
Polk
13.3 12.7 9.6

11.6

Hernando
15.7 14.9
12.1

Hillsborough
12.7 12.1 9.0
Manatee
13.2 12.6 9.8
Pasco
14.3 13.3 10.5
Pinellas
12.7 12.0 9.4
Polk
13.3 12.7 9.6

[Spring Hillian]

We all survived 1975 so we shall survive this one as well.

[Tampaite]

Wow and I don't see the employment getting any better this year.

Originally Posted by Spring Hillian

We all survived 1975 so we shall survive this one as well.

I think we all survive even with war(ask the people in Iraq/Afghanistan). However, you'll be damaged - economically and your living standard will take a dip.

I have been thro' 3 layoffs and I can tell you for a fact that every time this has happened, it has put me a step back as compared to someone in a steady and secure job.

[housingcrashsurvivor]

Interesting breakdown of where jobs have been lost according to http://www.clms.neu.edu/index.php (broken link) as reported by http://www.economyincrisis.org/conte...e-truth-bubble



"The researchers found a correlation between household income and unemployment rate in the last quarter of 2009: Look carefully at these numbers and see how unemployment rises as income drops:

• $150,000 or more, 3.2 percent $100,000 to 149,999, 8 percent
  $75,000 to $99,999, 5 percent
  $60,000 to $75,000, 6.4 percent
  $50,000 to $59,000, 7.8 percent
  $40,000 to $49,000, 9 percent
  $30,000 to $39,999, 12.2 percent
  $20,000 to $29,999, 19.7 percent
  $12,500 to $20,000, 19.1 percent
  $12,499 or less, 30.8 percent

Ten times worse unemployment in the lowest class than in the highest class!"


This group http://www.neweconomyindex.org/metro/rankings.html rates Tampa as 43 of the top 50 metro areas on their "new economy" index.

"The metros most firmly rooted in the old economy are Grand Rapids, San Antonio, and Jacksonville. Other metros with low scores include Memphis, Louisville, Greensboro, Norfolk, Tampa, Dayton, and West Palm Beach. Historically, these and other metros in the Southern and Southwestern states lagged behind in economic innovation, and many have made limited investments in education and R&D. They have tended to rely on low costs rather than innovative capacity to gain advantage. But innovative capacity (derived through universities, R&D investments, scientists and engineers, and entrepreneurial drive) is increasingly what drives competitive success in the New Economy."

[algia]

OK, I am going to ask the same question I asked somewhere else.... WHAT will it take for Tampa (or FL) to start having jobs again? and also, what will it take for Tampa to appreciate quality and stop asking people to work for free or pay miserable wages?

[chi_tino]

Wait -- did you want higher employment or higher wages?

Get a quote to do some home improvement work around the house and you'll see why there are so many unemployed contractors. I have written quotes from contractors for manual labor projects that are being bid at $100-200/hour. That is not a typo. They just don't get it.

[Spring Hillian]

I agree, no improvement in unemployment figures this year. Maybe not next either. Does help to be in recession resistant careers.

Originally Posted by Tampaite

Wow and I don't see the employment getting any better this year.



I think we all survive even with war(ask the people in Iraq/Afghanistan). However, you'll be damaged - economically and your living standard will take a dip.

I have been thro' 3 layoffs and I can tell you for a fact that every time this has happened, it has put me a step back as compared to someone in a steady and secure job.

[algia]

OK, here's the deal........(as I see it of course)

First off, why would you assume that a contractor's time is not worth $100/hr? or other services for that matter? would you go to work for minimum wage? and also afford a home? let's see, how much is he/she spending on gas getting to and from places? that alone is worth $100/hr......

Then, how do you expect that people will afford to buy homes when they get paid nothing........? how do you expect anyone to afford anything without being paid a certain amount of money? you can't pay someone $7 an hour these days and expect them to buy a $200,000 home....what can you really afford to buy with that wage exactly?

Prices have INCREASED since this recession started but salaries have not, as I stated in an older post the same administrative job that was advertised at $9 an hour back in 2001 is STILL advertised at $9 an hour NOW in 2010!!! when prices have doubled since 2001, gas in Fort Lauderdale back then, in 2001, was like $1.22 to $1.28 max......... THAT makes no sense and will sure keep people from being able to afford to buy homes......

We are so hung up on the fact that "the market hasn't bottomed out yet", or that "the unemployment is so high" etc but we choose not to pay people money they deserve for the WORK THEY DO, not to hire people and at the same time expect that home prices will go back up so the loser's of 2006/2007 can build some equity? It is a catch 22 for sure.....of course you think $100/hr is a lot, when you're paid $7 an hour! DUH! if you were paid a wage you deserved for your work, that should not have come as a surprise........compare jobs, do you think a football players salary is justified? I don't think so.......spending millions on someone playing ball is a WASTE, I am very sorry but it really is...also check this out if you want to talk about wasting money:


""Americans waste more than $15 billion a year on unused gym memberships. Recent studies estimate that of the roughly 40 million Americans who pay for the gym each year, nearly 80% don't go. And with an average cost of $480 per year, that's an awful lot of dough for absolutely nothing." you could have hired 4 contractors with that money!

$480 A YEAR! I am sorry but that is a major waste!
Could you imagine if all that money was spend on teachers and school programs instead?

Originally Posted by chi_tino

Wait -- did you want higher employment or higher wages?

Get a quote to do some home improvement work around the house and you'll see why there are so many unemployed contractors. I have written quotes from contractors for manual labor projects that are being bid at $100-200/hour. That is not a typo. They just don't get it.

[MAniacTHW]

Originally Posted by algia

OK, I am going to ask the same question I asked somewhere else.... WHAT will it take for Tampa (or FL) to start having jobs again? and also, what will it take for Tampa to appreciate quality and stop asking people to work for free or pay miserable wages?

I'll say what I always do: Money drives the machine. I don't agree with Wal-Mart, the way they treated me when I worked there, the way they pay their employees, or the way they do business, so instead of just talking about how much I hate them, I haven't spent a dime there in over two years. IF we figure out a way to stop supporting the companies that pay the lowest, boycott them, and tell them exactly why, they'll have to raise salary or close up shop. Just my two cents.

[algia]

I COMPLETELY AGREE WITH YOU ON THIS........I would NOT shop at Walmart if you paid me!!!!!!!!!!

Originally Posted by MAniacTHW

I'll say what I always do: Money drives the machine. I don't agree with Wal-Mart, the way they treated me when I worked there, the way they pay their employees, or the way they do business, so instead of just talking about how much I hate them, I haven't spent a dime there in over two years. IF we figure out a way to stop supporting the companies that pay the lowest, boycott them, and tell them exactly why, they'll have to raise salary or close up shop. Just my two cents.