Florida unemployment rate drops to 6.4 percent, Collier-Lee rate also declines

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— Southwest Florida’s and the state’s unemployment rates are at a five-year low.

The jobless rate dropped by more than half a percentage point in Collier and also declined in Lee in November compared with October, the state jobs agency reported Friday.

Collier’s jobless rate was 5.8 percent in November, compared with 6.4 percent in October, the state reported. The Collier figure compared with 7.8 percent in November a year ago, with the improvement fueled by double-digit job increases in retail, education and health fields.

In Lee County, the November jobless rate was 6.2 percent compared with 6.5 percent in October, the state report said. Like Collier, that was about 2 percent lower than a year ago, comparing with 8.1 percent in November 2012.

There were nearly 160,000 people in the Collier labor force as of November and more than 286,000 in Lee, the state reported.

Jobless rates in the two counties haven’t been this low since June 2008.

“It’s hard to find any bad news in these numbers,” said Jim Wall, spokesman for Southwest Florida Works, a jobs and career center. “We’re hearing from employers that the season looks good — and the hospitality industry is still a major driver of the economy. The new norm is that employers will hire for season and then use it as a screening process. If they find a good employee, they’re likely to keep him or her on permanently. They know that the employee pool is shrinking.”

Gary Jackson, a Florida Gulf Coast University assistant professor and director of the Regional Economic Research Institute, called the Collier-Lee numbers “very positive.”

“It’s all part of the improving national economy, although we still have a way to go,” he said.

Florida’s unemployment rate for November was 6.4 percent, compared with 6.7 percent in October. That’s the lowest Florida’s unemployment rate has been since July 2008. The national unemployment rate is 7 percent.

Gov. Rick Scott, who announced the monthly numbers Friday while at Full Sail University near Orlando, credited his policies for the improved marks. He pointed to the addition of 6,000 private sector jobs from October to November.

“We’ve cut taxes, made government more efficient and provided more services to families,” Scott said in a prepared statement. “The result: we are creating an opportunity economy that supports more than 446,000 new private sector jobs since December 2010.”

The latest monthly numbers come less than two weeks after the governor’s office tried to refute a series of stories in the Tampa Bay Times and Miami Herald that raised questions about job creation.

The report found that among the 342 job-creation deals approved since Scott took office — involving the promises of up to $266 million in tax breaks and other incentives — the state has generated 45,258 new jobs.

Scott’s office argued that the media reports ignored other state economic policies that support growth beyond companies competing for state incentives.

State economists predict unemployment will continue to drop, returning to as low as 6 percent in Florida by 2016 at the latest. However, they also contend some of the drop is due to people having dropped out of the work force, in addition to new jobs being created in a recovering economy.

A Florida Legislature Office of Economic and Demographic Research report released this week said 59.3 percent of the state’s decline in unemployment is due to people dropping out of the labor force or delaying entry.

“If the participation rate had held steady since December 2011, the unemployment rate would have been 8.3 percent” in October, the economic report said.

The monthly numbers released Friday keep Florida below the national unemployment rate, as it has been since March. The national jobless rate for November was 7 percent, a 0.3 percentage point drop since October.

* * * * *

Posted earlier

Southwest Florida's and the state's unemployment rate keep dropping.

Florida's unemployment rate for November was 6.4 percent. In October, the state's jobless rate was 6.7 percent.

This is the lowest that Florida's unemployment rate has been since July 2008. The national unemployment rate is 7 percent.

The jobless rate dropped by more than half a percent in Collier and also declined in Lee in November compared with October, the state jobs agency reported Friday.

Collier’s jobless rate was 5.8 percent in November, compared with 6.4 percent in October, the state reported. The Collier figure compared with 7.8 percent in November a year ago.

In Lee County, the November jobless rate was 6.2 percent compared with 6.5 percent in October, the state report said. That also was almost 2 percent lower than a year ago, comparing with 8.1 percent in November 2012.

There were nearly 160,000 people in the Collier labor force as of November and more than 286,000 in Lee, the state reported.

Jobless rates in the two counties haven’t been this low since June 2008.

The new figures show that the state added 6,100 jobs last month. Nearly 600,000 people in the state are out of work.

Gov. Rick Scott has contended the state's unemployment rate is dropping due to his policies.

But state economists have said another reason for the decline is that people were leaving the labor force or had delayed their job search.

New unemployment numbers for Florida due out Friday

TALLAHASSEE, Fla. (AP) — New unemployment numbers are coming out that could show whether or not Florida's economic recovery is picking up momentum.

Florida on Friday will release the state's unemployment figures for the month of November. The state's jobless rate in October was 6.7 percent.

Florida in October led the nation in job growth, adding nearly 45,000 jobs.

Payroll provider ADP reported earlier this month that the state added 19,450 private sector jobs during the month of November. ADP's survey is separate from the one that is conducted by government agencies.

Gov. Rick Scott has contended the state's unemployment rate is dropping due to his policies.

But state economists have said another reason for the decline is that people were leaving the labor force or had delayed their job search.

© 2013 marconews.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Comments » 35

RayPray writes:

This statistic could be boosted by '1' if we get crook Congressman Travon Roodle to resign....

Konfuzius writes:

Fantastic numbers!

Thank you great President Barack Obama.
Merry Christmas and continue to work successful in 2014 for America.

1Paradiselost writes:

Just think what could be possible... If Republicans and Democrats could work together for all of the American people!

RayPray writes:

in response to 1Paradiselost:

Just think what could be possible... If Republicans and Democrats could work together for all of the American people!

"If Republicans and Democrats could work together for all...."

It's possible!

See here a land devoid of unproductive party faction, where all elements pull together for the national good....

http://www.korea-dpr.com/

CopWatch writes:

(This comment was removed by the site staff.)

CopWatch writes:

in response to Konfuzius:

Fantastic numbers!

Thank you great President Barack Obama.
Merry Christmas and continue to work successful in 2014 for America.

CopWatch writes:

Quote of the Day: Barack Hussein Obama: 'If I Had a Son, He'd Look Like Trayvon'
Mar 23 2012, 11:40 AM ET

CopWatch writes:

(This comment was removed by the site staff.)

1Paradiselost writes:

So... What's your point?

Konfuzius writes:

NO! point at all.
Hope Naples Daily News remove this terrorist from the blog. By their own standards.

1Paradiselost writes:

in response to Konfuzius:

NO! point at all.
Hope Naples Daily News remove this terrorist from the blog. By their own standards.

It's the jerk who threatened the president Remember, I ran his IP address and turned him in.

This guy is DUMB! If he thinks he's off the list, he's s----- fool even by redneck standards.

CopWatch writes:

Obama commutes sentences for 8 crack offenders
President Obama on Thursday commuted prison sentences for eight people convicted of crack cocaine offenses, including a cousin of Massachusetts Gov. Deval Patrick, one of the president’s staunchest supporters.

http://www.washingtontimes.com/news/2...

http://oneoldvet.com/images/po122013a...

CopWatch writes:

Obama: Next year I'll work on growing jobs

http://news.investors.com/politics-an...

ROTFLMAO!

CopWatch writes:

Pinocchio Obama’s Top 20 presidential lies
http://www.bizpacreview.com/2013/12/1...

1Paradiselost writes:

Correct me if I'm wrong, did anyone see Obama's name once in the article above...

If we could, let's try to stay on subject?

Maybe you should start a blog on how you feel about Duck Dynasty?

CopWatch writes:

Obama asserted that 4.5 million new jobs have been created during his term.

Obama himself has recently claimed more job growth in the past 27 months than President George W. Bush created "during the entire seven years before this crisis."

"Despite incredible odds and united Republican opposition, our president took action, and now we've seen 4.5 million new jobs," San Antonio Mayor Julian Castro said in his keynote address at the DNC on Tuesday night.

That statistic was echoed by virtually all of Tuesday night's speakers, including first lady Michelle Obama, Massachusetts Gov. Deval Patrick and Chicago Mayor Rahm Emanuel, who previously served as Obama's chief of staff.

However, CNN fact-checked that claim and found it to be "not the whole picture." Instead, CNN found that there has been a net increase of just 300,000 nonfarm payroll jobs since Obama took office. And if you count government jobs, there are actually 400,000 fewer people working today than in January 2009.

CopWatch writes:

It seems that turning itself into an Obama lapdog has not worked out too well for NBC News. The once-respected and prosperous news organization is facing cutbacks and an alienated staff. Claire Atkinson of the New York Post writes:

NBC News boss Deborah Turness is spending the last few days of the year eyeing cuts - moves that could include axing some senior on-air talent, The Post has learned.

Turness, brought on in August to shake up the moribund news division - where "Meet the Press" and "Today" had stumbled - is in the midst of a host of end-of -year buyouts and cost reductions, sources said.

The current moves are not the first time Turness has irked journalists under her command.

NBC veterans have complained privately that Turness is not serious enough, sources said.

"Instead of getting better, NBC News has been getting worse," said one executive. "It's a mess."

The grumblings are centered on Turness' more aggressive tabloid style.

Why would the network operation turn to tabloid style? Must be that people are not watching. And in fact, both Meet the Press, the most venerable program in television history, and Today, traditionally the most profitable product of NBC News, have fallen behind the competition. So revenues lag, and costs must be cut. Somehow, audiences must be persuaded to come back, and nothing sells like sleaze.

Nobody is yet mentioning the hard left turn NBC News made when Barack Obama took office. The network has become a laughingstock for its softball propagandist approach. That could have a lot to do with its decline (Fox News, in comparison, is doing just great). But that is unmentionable at 30 Rock, the network's headquarters.

There is no way to know how much damage the leftist lunacy broadcast on MSNBC has done to the NBC News brand, but it cannot have helped. NBC News figures regularly appear on MSNBC, and the stain may not come out.

NBC News fully deserves its fate, having reneged on its duty to provide hard hitting news. But as an amateur student of broadcast history, I can't help but be nostalgic just a smidgen. NBC, after all, invented network broadcasting in the days of radio. Working with its sister corporation, the now defunct (take heed, NBC Universal!) RCA, NBC pioneered technologically (it invented color television) and culturally.

That proud history is now lying in ashes. What a shame. The current bosses have sold their souls and sacrificed their heritage on the altar of politically correct Obama worship. Barack Obama is bringing ruin to those who backed him as some kind of messiah. There may be a lesson i n this, but those who need it most are incapable of learning it.

CopWatch writes:

It’s no secret that over the course of the next few years, the United States labor market will be dramatically transformed into a part-time jobs market. What was once the beacon of middle-class jobs for a century will now become a nation whose workforce will consist of individuals working multiple jobs to garner a full-time income because hours will be slashed to less than 30 hours.

As a response to the Affordable Care Act (ACA), which requires businesses with 50 or more employees to purchase insurance, many Chief Financial Officers say they are considering reducing their employment because of Obamacare, according to a new poll by Duke University’s Fuqua School of Business and CFO Magazine.

The survey found that 40 percent of CFOs are beginning to decrease their employees’ number of weekly hours to below the threshold of 30 hours. In addition, nearly half (48 percent) of CFOs are making plans to reduce their workforce, while 20 percent say they might hire fewer workers next year. Another 10 percent of CFOs might lay off staff members.

Close to half (44 percent) of companies are considering the possibility of reducing health benefits to the present workforce.

“The inadequacies of the ACA website have grabbed a lot of attention, even though many of those issues have been or can be fixed,” said John Graham, Duke Fuqua School of Business finance professor and director of the survey, in a statement.

“Our survey points to a more detrimental and potentially long-lasting problem. An unintended consequence of the Affordable Care Act will be a reduction in full- time employment growth in the United States. Companies plan to increase full-time employment by 1.4 percent in 2014, a rate of growth which is down from last quarter and unlikely to put a dent in the unemployment rate. CFOs indicate that full-time employment growth would be stronger in the absence of the ACA.”

1Paradiselost writes:

To all: --never fight with an idiot, for he'll bring you down to his level and beat you by experience.

CopWatch writes:

Obama gave a much-touted speech on "income inequality." But while inequality is a valid concern, it's not so clear that unequal incomes are the biggest problem America faces.

More troubling -- as figures as distinct as Slate's Matthew Yglesias and National Review's Mark Steyn both noted -- is the growing divide between an America where people have jobs, and an America where people live off of government benefits.

As Yglesias observed:

The Washington, D.C., metropolitan area has become an island of prosperity in an ailing country. But D.C. itself has an 8.9% unemployment rate even as it sits at the center of a metro-area unemployment rate of just 5.4%. For people who haven't gone to college — the kind of people who live in the neighborhood where Obama was speaking — the unemployment rate is 20%. That's a disaster. And while Obama talked about plenty of things that could help those unemployed families — subsidized health care, better schools for their kids — he didn't really talk about anything that would get them jobs. The biggest applause line of the speech was about raising the minimum wage, which is great, but also doesn't help you very much if your current wage is $0.

Konfuzius writes:

"than President George W. Bush created "during the entire seven years before this crisis."

That is true. Thank you great President Barack Obama and thank you CopWatch that you confirmed that.

Konfuzius writes:

"Despite incredible odds and united Republican opposition, our president took action, and now we've seen 4.5 million new jobs,"

That is true. Thank you great President Barack Obama and thank you CopWatch that you confirmed that.

Konfuzius writes:

CopWatch did a fantastic job to figure out how good our great President Barack Obama is working. Can you imagine if he will be a Republican. They will weight him in gold. I mean the republicans. He is an outstanding President.
Thanks CopWatch for your very valuable informations. Have a Merry Christmas and go on.

CopWatch writes:

in response to Konfuzius:

"Despite incredible odds and united Republican opposition, our president took action, and now we've seen 4.5 million new jobs,"

That is true. Thank you great President Barack Obama and thank you CopWatch that you confirmed that.

Not so fast Konman (fitting for his support of the Kenyan Kon man)

However, CNN fact-checked that claim and found it to be "not the whole picture." Instead, CNN found that there has been a net increase of just 300,000 nonfarm payroll jobs since Obama took office. And if you count government jobs, there are actually 400,000 fewer people working today than in January 2009.

1Paradiselost writes:

in response to Konfuzius:

"Despite incredible odds and united Republican opposition, our president took action, and now we've seen 4.5 million new jobs,"

That is true. Thank you great President Barack Obama and thank you CopWatch that you confirmed that.

That's right, Not only that... But the stock market went from 6,600 when he took office to a record high this week of 16,235!

American and multinational corporations are sitting on Billions of dollars in cash. Those billions will be effecting the economy by the election of 2016, which will takeoff like a rocket!

Just in time for Hillary Clinton's election!

No President, of any party in the history of America can make that claim about the stock market!

Spin it anyway you want, it's fact!

CopWatch writes:

in response to 1Paradiselost:

That's right, Not only that... But the stock market went from 6,600 when he took office to a record high this week of 16,235!

American and multinational corporations are sitting on Billions of dollars in cash. Those billions will be effecting the economy by the election of 2016, which will takeoff like a rocket!

Just in time for Hillary Clinton's election!

No President, of any party in the history of America can make that claim about the stock market!

Spin it anyway you want, it's fact!

Wrong again! He isn't even close in terms of percentage improvement compared to previous presidents. Now dats a fact jack!

As we ring in the new year of 2014, Obama has rueful cause to reflect on the words of the prophet Samuel: “Oh, how art the mighty fallen.”

In his case, we can calculate the fall precisely — anywhere from 10 to 15 points in his job-approval rating. And he has taken severe hits when it comes to how much people like him and how TRUSTWORTHY they find him.

All in all, when it comes to public opinion, Barack Obama ends his fifth year in worse shape than any president since Richard Nixon. And Nixon didn’t even manage to finish his sixth year.

1Paradiselost writes:

So it's not a fact the market went from 6,600 to 13,235?

Ok, show us ALL where I'm wrong and what alter universe you live in!

For your information taking Watergate out of the mix, Nixon was one of our best presidents!

I think you should remove your head from the place where the sun does not shine!

You can't even spin It with your famous "Cut & Paste" BS! Call us back when you get your GED.

AGAIN>>> Never argue with an IDIOT, for he'll bring you down to his level and beat you by experience.

Konfuzius writes:

in response to 1Paradiselost:

That's right, Not only that... But the stock market went from 6,600 when he took office to a record high this week of 16,235!

American and multinational corporations are sitting on Billions of dollars in cash. Those billions will be effecting the economy by the election of 2016, which will takeoff like a rocket!

Just in time for Hillary Clinton's election!

No President, of any party in the history of America can make that claim about the stock market!

Spin it anyway you want, it's fact!

Can you imagine that all will be happened under a President Rumney? It will be the political performance of the bimillenary. That is the problem with this Republicans. They talk about subjects they have no glue what they are talking about! Their wishful thinking and maximum of intolerance paired with stupidity and obscurantism made them to the most dangerous people in America if they are on top member of the tea-party.

Great President Barack Obama made an excellent job. With Rumney we will be involved in another useless war in Syria. Just veterans will be happy about that. With thousands of casualties and a domestic disturbance level supernova. That is the truth.

Thank you President Barack Obama for the peaceful Christmas 2013.
And god and Jesus - put all the rights wing Republicans in the right wing chamber of your kingdom of heaven. The SMALL CHAMBER. That they have contact of eye-level.
As penance and reconciliation they have 24 hours 365 days a year to say:

Sorry great President Barack Obama we are wrong. You are the best!

Hallelujah!

CopWatch writes:

in response to 1Paradiselost:

So it's not a fact the market went from 6,600 to 13,235?

Ok, show us ALL where I'm wrong and what alter universe you live in!

For your information taking Watergate out of the mix, Nixon was one of our best presidents!

I think you should remove your head from the place where the sun does not shine!

You can't even spin It with your famous "Cut & Paste" BS! Call us back when you get your GED.

AGAIN>>> Never argue with an IDIOT, for he'll bring you down to his level and beat you by experience.

Did you know that classless dolts have a sort lifespan?

http://investing.covestor.com/content...

Romans 12:19

King James Version (KJV)

19 Dearly beloved, avenge not yourselves, but rather give place unto wrath: for it is written, Vengeance is mine; I will repay, saith the Lord.

Be careful 1PL

Konfuzius writes:

in response to CopWatch:

Did you know that classless dolts have a sort lifespan?

http://investing.covestor.com/content...

Romans 12:19

King James Version (KJV)

19 Dearly beloved, avenge not yourselves, but rather give place unto wrath: for it is written, Vengeance is mine; I will repay, saith the Lord.

Be careful 1PL

On top this right wing Republicans have this childish patchwork religion tick to shine in front of everybody as the "better" guys.
Scaring this fanaticism. Finally a guy like islandeye alias CopWatch believed he is King James!
Hopefully he is profiled and under control.

Anyway I wish you a peaceful Christmas. Thanks great President Barack Obama.

1Paradiselost writes:

Careful of what?

THIS IS FROM FORBES...You remember Steve Forbes don't you?

Title: "Economically, Could Obama Be America's Best President"!

"With the stock market hitting new highs, some people have already forgotten about the Great Recession.

Recall 2009. Things looked pretty bleak economically.

But the outlook has changed dramatically in just 4 years. And it has been a boon for investors, as even the safest indices have yielded a 250% return" (>25% annualized compound return:)

http://www.forbes.com/sites/adamhartu...

Now after you read that, relax, go take a bath and wash that head! Call your friend from Duck Dynasty and you can compare religious notes.

When you were born the doctor took one look at your face, turned you over and said, "Look, twins!"

MIOCENE1 writes:

in response to CopWatch:

Pinocchio Obama’s Top 20 presidential lies
http://www.bizpacreview.com/2013/12/1...

They are not really LIES.

At the time the statement is made; Obama did think it was the truth on most of these issues and promises.

Later, however, he found out that on many of the issues; he was wrong.

There is a difference between a LIE and a MISTAKE.

All of us make mistakes; but at the time we DON'T KNOW that we are making mistakes. If we did, then everyone would be right all the time.

Rarely do our statesmen LIE to us. Rather, they are misinformed, overwhelmed by the magnitude of the job or problem at hand, or just plain s-----.

Obama fits into one or more of the above; but the man isn't a liar.

MIOCENE (PAREIDOLIA)

MIOCENE1 writes:

in response to Konfuzius:

"Despite incredible odds and united Republican opposition, our president took action, and now we've seen 4.5 million new jobs,"

That is true. Thank you great President Barack Obama and thank you CopWatch that you confirmed that.

I Agree. The Right has been too tough on Obama. The current economic problems are a GLOBAL issue, not just here in the U.S.

Trade and global economics are so interdependent that each part of the globe affects the others.

Then there are the problems with Korea, Syria, Israel, Egypt, Alkida along with social problems here in the U.S.

Considering; Obama isn't doing such a bad job regardless of the never ending meaningless gossip from the mouths of Hannity and Limbaugh.

MIOCENE (PAREIDOLIA)

RayPray writes:

in response to 1Paradiselost:

Careful of what?

THIS IS FROM FORBES...You remember Steve Forbes don't you?

Title: "Economically, Could Obama Be America's Best President"!

"With the stock market hitting new highs, some people have already forgotten about the Great Recession.

Recall 2009. Things looked pretty bleak economically.

But the outlook has changed dramatically in just 4 years. And it has been a boon for investors, as even the safest indices have yielded a 250% return" (>25% annualized compound return:)

http://www.forbes.com/sites/adamhartu...

Now after you read that, relax, go take a bath and wash that head! Call your friend from Duck Dynasty and you can compare religious notes.

When you were born the doctor took one look at your face, turned you over and said, "Look, twins!"

You have a statistical fallacy here:

With sample size of 1, causation & coincidence look same. Must always assume the latter till sample becomes statistically meaningful.

The stock market recovered in nominal dollars. Inflation adjusted, it is still way down.

Interests rates are ~ zero.

Yes, Obama was president.

But likewise Rick Scott was governor.

& Ban Ki-Moon was Secretary General of the UN.

So what?

To credit or blame any of these guys for the short term move of these indices is little different than ancient Romans deifying mediocre emperors right after expiration....

1Paradiselost writes:

Ray, I enjoy your humor and posts. As you know, The market moves on only one thing..

Confidence in economic policy!

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