President Obama: 2009 In Review

In 2009, the biggest news regarding President Obama’s Administration’s first year has been that there is so much misinformation out there, that no one seems to know exactly what the Administration has or hasn’t gotten accomplished this year.
For example, the Troubled Asset Relief Program (TARP) that set aside $700 billion for fending off the financial [...]

Unemployment Rate Improves

The unemployment rate, which had risen to 10.2 percent in October, improved to 10.0 percent in November.  This report report is the most hopeful sign yet that the stabilization of financial markets and the recovery in economic growth may be leading to improvements in the labor market.
Payroll employment declined 11,000 in November.  This is a [...]

Weekly Address: Happy Thanksgiving

In the midst of these challenging times for our nation, President Barack Obama used his weekly address to express gratitude to America’s military men and women and their families, and give thanks for our nation’s many blessings.  He also discussed the steps his administration is taking to repair the damaged economy, so that next Thanksgiving, [...]

More Jobs And More Money

Reports from the Department of Labor and Department of Commerce indicate that the number of newly laid-off workers filing claims for unemployment benefits fell more than expected last week, dropping below 500,000 for the first time since January, and that consumers started spending again in October as their incomes grew modestly as signs continue to [...]

St. Lucie Unemployment Numbers Improve

According to a report issued by the Florida Agency for Workforce Innovation (http://www.floridajobs.org), the unemployment rate in St. Lucie County dropped from 15.3% in September, to 14.7% in October.
The report showed that despite the state unemployment rate continuing to outpace the national rate, and dropping from 11.1% to 11.2%, Treasure Coast counties showed improvement across [...]

Florida Economic Outlook Through 2013

In 2006, Florida voters adopted a constitutional amendment that requires the development of a Long-Range Financial Outlook, setting out recommended fiscal strategies for the state and its departments in order to assist the legislature in making budget decisions. The Legislative Budget Commission is required to issue the Outlook by September 15th of each year. The [...]

Obama Addresses Fort Hood And The Economy

The President says he is following the investigation into the Fort Hood tragedy and orders flags at Federal buildings to fly at half-staff. He also comments on a bill signed into law today that will encourage job growth and extend unemployment benefits.

Transcript:
THE PRESIDENT: Good morning. I want to begin by offering an update [...]

What the Numbers Say

All reports point to the national economy growing.  However, if you live on Florida’s Treasure Coast, this doesn’t appear to be true.  Everyone on the Treasure Coast knows someone who just lost their job and also knows a business owner who is considering shutting their doors.
According to the Agency of Workforce Innovations:
The September 2009 job [...]