Job Growth Looks Good In Florida

In case you missed it, the St. Petersburg Times carried a little article on April 22nd that had some good statistics for Florida job growth.

1. During March, 2006, there were 24,500 new jobs created in Florida.
2. Florida's unemployment rate was only 3.1%; the U.S. unemployment rate was 4.7%.
3. Tampa Bay's unemployment rate stood at 2.9%.
4. Florida had the most jobs created in the year ended March, 2006: 306,100 new jobs.

The source for this info is the Bureau of Labor Statistics.

Job growth and the creation of entirely new jobs is generally good for the real estate market. New jobs mean new people moving into the state and current residents moving up to newer, larger and often more expensive homes.

As they say: "It's a good thing."

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