Employment data for November, 2013 shows that Leon County added 157 jobs. This increase means that Leon County has added jobs for six straight months. This has not happened since 2007. The unemployment rate came in at 5.3%. Since June of this year, 5,936 people in Leon County have found work, bringing the total number […]
Data from the Florida Department of Revenue indicates consumer spending in Leon County continues to rebound from the recession low of $6.3 billion experienced in 2009. In 2007, before the recession officially began, consumer spending on goods and services in Leon County was $7.2 billion. During the recession, sales of goods and services decreased by […]
One of the many ways to evaluate the recovery of any recession is to look at the length of time it takes to reach pre-recession employment levels. In the chart to the right, the Pew Research Center, using data from the US Bureau of Labor statistics, shows a number of statistics about job recovery trends […]
Many economists argue that the Great Recession was made great by the widespread failure of mortgage products that were used to fuel the run up of home prices that ended in late 2006. Two scholars at New York University, Ingrid Ellen and Samuel Dastrup, write that the “Great Recession, like previous recessions, has obviously brought […]
The unemployment rate is one of the most watched economic statistics. And with the slow creation of jobs during this longer than normal recovery from the Great Recession, it has become even more visible. The media and political pundits wait each month for the unemployment rate to be revealed and begin writing about the implications […]
Au Péché Mignon, a locally owned pastry shop that opened in the fall of 1991, is remodeling its location in Market Square to accommodate more customers and expand their offerings. Au Péché Mignon’s menu currently consists of delicate pastries in the case, pies, quiche, croissants, brioche and more recently chocolates and bread baked in the […]