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Not surprising that areas with manfaucturing (outside of Commercial Aerospace and Oil) and light industrial-based economies have low unemployment rates. Those were deemed essential industries during the pandemic and thus their workers continued to work throughout the shut down, aside from maybe being furloughed a few weeks.
Orlando has some pretty strong industries outside of tourism that often get overlooked and underestimated by outsiders. There’s a pretty large city outside of that tourist bubble, and most who live there don’t work for Disney/Universal.
No wonder there is such heavy domestic out-migration from Los Angeles and New York (among other places) these days. The combination of a high cost of living and high unemployment is a huge negative for such areas.
Hopefully more metro areas will join Salt Lake City and Birmingham at essentially "full employment" (less than 4% unemployed) in the near future.
Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
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Tampa, Orlando and Miami have all done well as a result of Florida’s “open for business” policy in spite of reliance upon tourism, service industry and absorption of transplants (though many brought their jobs and/or firms with them)...and, to your point, the state is a little bit more diversified than some give it credit for.
Quote:
Originally Posted by Arcenal352
Orlando has some pretty strong industries outside of tourism that often get overlooked and underestimated by outsiders. There’s a pretty large city outside of that tourist bubble, and most who live there don’t work for Disney/Universal.
Last edited by elchevere; 03-23-2021 at 11:47 AM..
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