TBO.com - TBO is Tampa Bay Online

Tampa Area No. 2 Among Peers For Jobs Lost

ADVERTISEMENT

By MICHAEL SASSO

The Tampa Tribune

Published: July 31, 2008

TAMPA - The Tampa area ranked second among 38 large U.S. markets in percentage of jobs lost for the year ending in June, a study by the Department of Labor says.

The Tampa-St. Petersburg-Clearwater area lost about 23,100 jobs in that 12-month period, a drop of 1.8 percent.

Among metropolitan areas with more than 750,000 nonfarm employees, it was the second-largest percentage drop, behind only the Riverside, Calif., area, which lost 2 percent.

Some smaller areas across the country fared worse than Tampa.

Among metropolitan areas of any size, the Cape Coral-Fort Myers area led the country in job losses for the same 12 months, logging a decrease of 5.1 percent. That was just ahead of Flint, Mich., where employment fell by 4.6 percent.

The Tampa area's unemployment rate was 5.9 percent in June.

That's up from 5.6 percent in May and more than a percentage point higher than June 2007, when unemployment was at 4.2 percent.

Share this:

Loading Comments...

Email Print

ADVERTISEMENT