Economic Recovery Coming Slowly
November 23rd, 2010 by flanewsFlorida’s economy will rebound it’s just going to take time. State economists say a million jobs will be created in Florida by 2018. As Whitney Ray tells us, that’s not fast enough for many college students and Florida’s 1.1 million unemployed who want work now.
His plan to fix the economy and get people back to work won Governor-Elect Rick Scott a chance to make good on his promises.
Scott says he can create 700-thousand jobs in seven years. State economists say a million jobs will be created in the same period of time because of the natural peaks and valleys of the economic cycle.
Rob Weissert with Florida TaxWatch says despite the report Scott and newly elected GOP leaders will still have a vital role to play in the recovery.
“They do have a huge role in making sure we have the right business environment. That’s incredible important for all elected officials to be focused on,” said Weissert.
But whether it’s Scott or the cyclical economy creating jobs, Florida’s 1.1 million unemployed have a rough row to hoe. Students at Florida State University say seven years is too long. John Cleland will graduate in less than four years.
“It’s definitely difficult, like I’ve been looking for jobs. I’ve had jobs. It’s definitely difficult to get a job,” said Cleland.
Ugandan student James Arinitwe will need a job after graduation to stay in the states.
“It worries me a lot, especially for me graduating as an international student. We have that window to get a job. If you don’t get a job you have to go back home,” said Arinitwe.
But once the recovery starts economist expect gains in the job market to be expediential. Scott’s transition team says the 700-thousand jobs the Governor-elect plans to create over the next seven years is on top of the million predicted by state economists. 1.7 million jobs would not only put the 1.1 million unemployed back to work, but also the jobless who don’t show up in labor statistics because they’ve stopped looking for work.
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