Economists: blue skies ahead for Florida workers

[30ashopper]

Florida economists have released new data showing individual income rebounded slightly last year after enduring a rare, recession-driven drop of almost 2.5 percent in 2009.

Per-capita income hit $38,929 in 2010 ? up .55 percent from a year earlier, when the $38,715 earned by the average Floridian represented the first income decline in at least 20 years.

The state?s Economic and Demographic Research Office, in a new report also forecast that individual income levels will top $40,000 this year for the first time ? a 3.8 percent rise that would be the sharpest spike in four years.

The bullish EDR economists also apparently sees nothing but blue skies in the decade ahead, with annual income gains ranging from 2.7 percent to 4.7 percent through 2020.

State economists seeing some blue skies | Post on Politics

I can't seem to get to the actual report. Good news though assuming they are accurate.

 

[30ashopper]

EDR - Office of Economic & Demographic Research

A veritable cornucopia of employment data for Florida. Walton County is in pretty darn good shape, unemployment of around 7%, lowest in the state and way below the national average.

 

[Bob]

http://www.businessweek.com/magazine/content/11_10/b4218014902482.htmA U.S. Recovery Built on Low-Paying Jobs
The economy is not creating opportunities at the high end

By Joshua Zumbrun and Shobhana Chandra

 

[Bob]

Geography of a Recession - Interactive Map - NYTimes.com