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U.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%.
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Area builders are offering job-skills training. The focus is on younger workers and a career path in construction free of student debt.
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Florida’s unemployment rate dipped to 3.2% in March, and Central Florida’s labor markets were particularly strong. Economic analyst Dr. Hank Fishkind says it appears that Central Florida’s hospitality industry recovery is finally starting to take root.
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Florida’s overall job market is recovering to pre-pandemic levels…mostly. The new labor report from Florida’s Department of Economic Opportunity is a strong one, with one glitch that affects Central Florida in particular. Dr. Hank Fishkind explains the details.
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Employment rose by 689,000 in February, the unemployment rate dipped to 3.8%, and the labor force participation rate climbed. And revisions to previous months mean employment rates were even higher than first reported. Economic analyst Dr. Hank Fishkind says the news is especially positive for Central Florida, as we see our tourism sector reflected in the makeup of the job growth.
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Economists expected weak US job growth at best in January as Omicron surged, but a new report shows the economy added a significant 467,000 jobs instead. Tourism numbers are also sky-high, but so’s inflation…and the unemployment rate also ticked up a little. Economic analyst Dr. Hank Fishkind explains what this all means for Central Florida.
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Florida’s job growth seemed to fall off a cliff in December – just under 12,000 jobs were created, compared to 50,000 in November. Economic analyst Dr. Hank Fishkind tells us what’s behind the slowing growth, how worried we should be about it, and what’s coming next.
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Economic growth has rebounded strongly, but the recovery remains incomplete. Across the country, employment is still two percent below pre-pandemic levels. Florida has done better recouping at the state level, recovering 99% of the jobs lost. But economic analyst Dr. Hank Fishkind says the recovery is still incomplete in Florida, as well…and especially here in Central Florida because of our tourism-centric economy.
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US job growth slowed in December, but the unemployment rate fell to 3.9 percent at the same time. This may sound confusing, but economic analyst Dr. Hank Fishkind says there are several reasons that unemployment is still dropping even as job growth slows. It all starts with the high demand for labor.
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The Amway Center is looking to hire staff ahead of a busy summer season at an in-person job fair at the arena tomorrow.