• U.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%.
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• Florida’s unemployment rate dipped to 3.2% in March, and Central Florida’s labor markets were particularly strong. Economic analyst Dr. Hank Fishkind says it appears that Central Florida’s hospitality industry recovery is finally starting to take root.
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• Florida’s overall job market is recovering to pre-pandemic levels…mostly. The new labor report from Florida’s Department of Economic Opportunity is a strong one, with one glitch that affects Central Florida in particular. Dr. Hank Fishkind explains the details.
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• More jobs are returning to Florida as the pandemic-induced recession – which put thousands out of work – comes to an end. However, many companies say that they are having a hard time finding people to fill them.
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• Republican governors are moving to end a $300-a-week pandemic lifeline for the unemployed in a controversial effort to push people back to work, with four states set to end them this week.
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• Panic is setting in for some of the tens of thousands of out-of-work Floridians who are facing the prospect of losing federal pandemic benefits.
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• Almost a year after identity thieves made off with tens of billions of dollars in COVID-19 unemployment relief, the system remains vulnerable. And scammers are coming to light now during tax time.
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