Lee Unemployment Down-But Not by Much

Unemployment in Lee County is down to 13.7% in October from a high in September of 13.9% according to Florida’s Agency for Workforce Innovation. Statewide,Florida’s seasonally adjusted unemployment rate for October 2009 is 11.2 percent.  This represents 1,027,000 jobless out of a labor force of 9,175,000.  The unemployment rate is nearly unchanged from the revised [...]

Unemployment At Highest Level Since 1983

The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarm payroll employment continued to decline (-190,000), the U.S. Bureau of Labor Statistics reported today. The largest job losses over the month were in construction, manufacturing, and retail trade. In October, the number of unemployed persons increased by 558,000 to 15.7 million. The [...]

Florida Unemployment Reaches Record High

By Patrick Comer Florida’s jobless rate has reached its highest level since the depression according to the U.S. Department of Labor, Bureau of Labor Statistics. In September of 2008 Florida had an unemployment rate of 6.7%. This September the percentage of unemployed workers in the state had climbed to 11.0%. Lee County’s rate of unemployment [...]

Lee County Property Tax Revenue Drops-No Kidding

Although there aren’t any big surprises the Florida Association of Counties has just released its report on plunging property values across the state and the impact on property tax revenues on county governments. Depending on your perspective, dropping revenues are either a positive sign that the statewide economy is balancing itself or that important local [...]

A year after freefall, economic powers meet

As the leaders of the world’s industrial powers gather this week in Pittsburgh, Pennsylvania, their economies are starting to emerge from the shadow of the worst financial downturn since the Great Depression.

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