Lutgert College of Business in the News
This is the text of a story published on the website of ABC7 WZVN on September 8, 2009
SWFL job outlook improving?
FORT MYERS: Unemployment rates in Southwest Florida are at record levels in many communities. But there is now a glimmer of hope for the tens of thousands of people looking for a job.
New research shows more local businesses will be hiring as early as next month.
According to new figures from the National Manpower Employment Outlook Survey, job prospects will be best in Southwest Florida during the fourth quarter of this year in wholesale, retail, and leisure and hospitality.
The survey also shows there will be more layoffs in construction, transportation and utilities, financial services, and government. But health and education should remain unchanged.
FGCU economics professor and Regional Economic Research Institute Director Gary Jackson said it's no surprise that hiring will increase starting in October.
Several small business owners say they plan on making a few new hires starting next month to accommodate season and the holidays.
"We are absolutely hiring. We're going to be needing a receptionist and some hair dressers for season," said Tina Levan, owner of Before & After Salon and Spa in North Naples.
"I plan on hiring up to four positions in October or November," said John Verrot, owner of Little Caesar's Pizza in North Naples.
Right now, the unemployment rate is more than 12-percent in Lee, Collier and Charlotte counties.
Professor Jackson says the local unemployment rate won't return to what it was before the recession - about five-percent - until 2012.
Click here if you'd like to read the latest report on local economic indicators and trends from FGCU's Regional Economic Research Institute.
By Scott Dobroski