Sunday, February 03, 2008

Florida’s Consumer Confidence Drops

The consumer confidence drops in December to the lowest level of 74 in more than five years in Florida. The jobs increased slowly in the state of Florida.

The economic report released by the state Agency for Workforce Innovation shows that the ranks of the unemployed statewide have increased 33.8% since last year, that’s 100,000. About one third of the unemployed spread in West Palm Beach, Broward and Miami-Dade counties.

The state unemployment rate was 4.3 percent last month, 0.1 percent higher than October.
Florida has a lower jobless rate than the nation, which had a 4.7 percent unemployment rate in November. And now, umemployment is beginning to spread to banks, mortagage companies and other financial services.

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