Florida unemployment drop best in 20 years

Fla. unemployment drop best in 20 years
TALLAHASSEE, Fla. – April 23, 2012 – Job statistics released Friday by the Florida Department of Economic Opportunity show Florida’s unemployment rate for March 2012 declined from 9.4 to 9.0 – the largest monthly unemployment rate drop in 20 years. The last time jobs picked up that quickly was in 1992.

Florida added 10,800 jobs in March.

“The largest monthly unemployment rate decline in 20 years is a milestone all Floridians can celebrate,” Gov. Rick Scott said in a release. “Florida’s unemployment rate is declining at a much faster rate than the national unemployment rate. Clearly, we’re doing the right things to get our economy growing in Florida.”

Only two other states, Alabama and Michigan, have had a stronger improvement in their unemployment rate.

“Even if you look at payroll growth … throughout the year, (Florida) has been stronger than average. I believe the state will continue to recover at a faster pace,” PNC Financial Services Group Economist Mekael Teshome told the Tampa Tribune. He credits the rebound, in part, to an upswing of new residents moving to Florida from other states and countries, which is boosting demand for services and supplies.

© 2012 Florida Realtors®

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 Diamond Award Winner Aaron Eyerman, Broker of Blue Water Realty inc of SW FL is considered a master listing agent, His marketing and international events have built a strong network. Eyerman has recently help a large group based out of Toronto, Canada secure a very unique property, Eyerman will be visiting Toronto Canada in the near future to host a local investment strategy seminar.

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