Jacksonville Florida has had a higher than average unemployment rate during the recession. Not too much higher than average, 10.5% to be exact, but it hasn’t really found a light at the end of the tunnel just yet. The biggest declining sector was construction, spurred by the bursting of the real estate bubble. Some of the sectors that have done the best under the pressure of the recession are the education and health services sectors. These two sectors have only grown by a meager 0.9%, but growing none the less. Jacksonville does not seem like the kind of place that will snap back quickly from the recession, since many of its major employers are industry employment losers nationwide.
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