Last Tuesday, November 27, Mike Colias of the Wall Street Journal reported that GM will close several factories in North America and cut up to 14,800 jobs. Spurred by slowing sedan sales, the changes affect plants in Michigan, Ohio, and Canada. This is the first major downsizing since the company’s bankruptcy in 2009. Reducing GM’s […]
Based on information provided by the Florida Department of Economic Opportunity, the growth in Tallahassee jobs is performing above the national and state averages over the last 12 months. The table below compares the growth rate in jobs for the 22 Metropolitan Statistical Areas in Florida. The table also includes the growth in jobs for […]
A 12-month comparison of job growth for the 25 Florida MSA’s (Metropolitan Statistical Area) shows that the Tallahassee MSA ranks 23rd in job growth. In December 2014, the Tallahassee MSA employed 177,100 people. After 12 months the number decreased by 200 to 176, 900. The Lakeland-Winter Haven MSA led the state with the addition of […]
An exclusive five-year analysis of local job growth by Tallahassee Reports shows that the Tallahassee MSA significantly lags state wide trends in total job growth and job growth in the private sector. The Great Recession is years behind us and the economic recovery over the last five years at the national level has been characterized […]
The latest state of Florida employment data shows that after eight consecutive months of job loses, Leon county added 460 jobs in July. This month’s job growth follows a statewide trend. At the state level, Florida added 12,000 jobs in July. In addition to Leon county, other North Florida locations rebounding from job losses in […]
The employment momentum generated over the last six months in Leon County slowed significantly in December, 2013. The latest report shows that the number of people employed in Leon County fell by 2,286 workers from 142,906 in November to 140,620 in December. From June to November of 2013, Leon County added 6,058 workers to local […]
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 […]
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 […]
With the economy still struggling, the importance of creating new jobs is becoming more and more important. Locally, we have heard for years about the impediments of job creation. These obstacles include high electric rates, the challenges at Tallahassee Regional Airport, and the permitting process. With the flow of money so tight, an extra expense […]
Now that the recession is officially over (as of June 2009), when will the jobs come back and where will they come from? As most economists will tell you, in a normal recession employment is one of the last economic indicators to show improvement. However, as we all know, this recession is different.