Is the Treasure Coast home to two of the nation's worst job markets?
According to Manilla.com it is. It lists Vero Beach, and Port St. Lucie, along with Palm Coast, as the cities where finding employment isn't easy.
Here's how Manilla.com summed up the search for work:
Known for its vacationers and retirees, Florida is also home to many unemployed residents. The state serves as a prime example of how intimately linked the job and housing markets remain. Before the housing bubble burst, Florida abounded with high-priced homes, which are now nearly impossible to sell. The state’s bad housing market limit’s residents’ ability to relocate to greener employment pastures, anchoring them to a stalled economic climate. While larger cities have improved since the start of the recession, the Palm Coast, Vero Beach, and Port St. Lucie areas possess approximate unemployment rates of 10 percent, 9.4 percent, and 9.2 percent, respectively, as of August, according to the U.S. Department of Labor.
The artice on the worst job markets was posted in Yahoo! Finance.
Read the full article here: http://yhoo.it/16jbWkw
Copyright 2013 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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