Agent Login | Search

 
 

Back To News 
Previous | Next
 
Orlando part of America's Comeback Cities for 2011
Orlando, FL | 12 May 2011
Hundreds of cities across the country were hammered by the recession, many experiencing double-digit declines in employment, throwing thousands of their residents out of work. For some particularly hard-hit metro areas, 2011 will bring a dramatic turnaround -- new investment by businesses, growth in the number of jobs and a reblooming of hope.

Recovering all the ground they lost will take years and many of the cities are still suffering with unemployment that exceeds the national average. But these cities are enjoying a surprising and welcome upward bounce.

Population: 2,082,421
Current unemployment rate: 10.8%
Forecast job growth for 2011: 2.9%

Hard-hit during the recession, tourism is improving in central Florida, with more jobs at hotels and restaurants. Health care is growing, too. And a plan is under way to create a life science cluster of medical care and research, focusing on the needs of children and on veterans. After declining by almost 10% in the recession, employment in this tourist mecca will increase by 3% this year.

HOME   OUR COMPANY   OUR PROPERTIES   OUR TEAM   CAREERS   CONTACT US   SEARCH   TERMS OF SERVICE   PRIVACY POLICY   SITE MAP
© Copyright 2011 - Property Investment Brokers and its entities. - All rights reserved