In this week’s Economic Report, Dr. Rick Harper provides analysis of local job growth during last year, which he details in his latest bi-weekly economics column.
The headline is ‘Pensacola-area job growth was better than expected in 2014.’
“What was really good news is that for the most recent twelve months, we actually saw a 3,400 job increase,” said Harper. That’s an increase of about 2.1 percent, which is slightly above the national figure of 2.0 percent, and a bit below Florida’s rate of 3.0 percent.
In this week’s Economic Report, Dr. Rick Harper shares details from the November 2014 jobs report, updates the holiday shopping season, and reviews the summer tourism season in Northwest Florida.
The latest report from the U.S. Bureau of Labor Statistics, released Dec. 5, shows that employment rose by 321,000 in November, compared with an average monthly gain of 224,000 over the prior 12 months.
In this week’s Economic Report, Dr. Rick Harper reflects on Blue Angels weekend on Pensacola Beach. ‘Red, White and Blues Week’ follows the Fourth of July holiday weekend, which provides a critical boost to the local tourism industry over a stretch of about a week-and-a-half.