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Economists expected weak US job growth at best in January as Omicron surged, but a new report shows the economy added a significant 467,000 jobs instead. Tourism numbers are also sky-high, but so’s inflation…and the unemployment rate also ticked up a little. Economic analyst Dr. Hank Fishkind explains what this all means for Central Florida.
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As expected, last week the Federal Reserve confirmed its plans to raise interest rates and shrink the money supply as soon as early March. Economic analyst Dr. Hank Fishkind explains how soon the rates will rise, and how that will affect Central Florida.
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Florida’s job growth seemed to fall off a cliff in December – just under 12,000 jobs were created, compared to 50,000 in November. Economic analyst Dr. Hank Fishkind tells us what’s behind the slowing growth, how worried we should be about it, and what’s coming next.
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Economic growth has rebounded strongly, but the recovery remains incomplete. Across the country, employment is still two percent below pre-pandemic levels. Florida has done better recouping at the state level, recovering 99% of the jobs lost. But economic analyst Dr. Hank Fishkind says the recovery is still incomplete in Florida, as well…and especially here in Central Florida because of our tourism-centric economy.
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US job growth slowed in December, but the unemployment rate fell to 3.9 percent at the same time. This may sound confusing, but economic analyst Dr. Hank Fishkind says there are several reasons that unemployment is still dropping even as job growth slows. It all starts with the high demand for labor.
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90.7’s economic analyst Hank Fishkind spoke with our reporter Danielle Prieur about possible challenges and successes the year may bring, along with some economic advice for listeners.
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The US population grew by just 0.1 % in 2021. That’s the lowest rate on record according to the Census Bureau’s report released last week. Economic analyst Hank Fishkind, president of Fishkind Litigation Services, said the report shows how the pandemic is reshaping demographics.
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A Florida man has been banned from United Airlines for refusing to comply with the federal mask mandate.
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Economic news has been on a rollercoaster ride recently. Inflation, interest rates, unemployment, and President Joe Biden’s Build Back Better bill all saw major changes this week, and they’ll all affect Central Florida’s finances. Economic analyst Dr. Hank Fishkind explains how.Economic analyst Dr. Hank Fishkind updates WMFE’s Nicole Darden Creston, starting with Sunday’s surprise announcement that Build Back Better has been derailed by a single vote.
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A new study from Florida Atlantic University shows that distribution of COVID-19 vaccines in Florida reached seniors as intended, but failed to provide equal access for people of color and lower-income communities.