County jobless rate drops a tad

Published: Wednesday, April 2, 2014 at 03:12 PM.

Bodine underlined additional positive indicators in the DEO report. “Job postings are up, and it is encouraging to see employer confidence climbing,” she said. “This is a direct reflection of growing optimism in our economic recovery.”

In February 2014, there were 73,200 nonagricultural jobs in the Panama City-Lynn Haven-Panama City Beach metro area (Bay County), up 1,600 jobs over the year. The metro area’s annual rate of job growth was 2.2 percent, while the state increased at a rate of 3.0 percent.

Six out of 10 industries gained jobs over the year and two industries lost jobs over the year. Professional and business services (+900 jobs) gained the most jobs, followed by trade, transportation, and utilities (+600 jobs); mining, logging, and construction (+300 jobs); financial activities, manufacturing, and leisure and hospitality (+100 jobs each). The industries losing jobs were government (-300 jobs) and other services (-200 jobs). Information and education and health services remained unchanged over the year.

Of the 22 metro areas in the state, the Panama City-Lynn Haven-Panama City Beach metro area had the highest growth rate over the year in professional and business services employment (+11.5 percent).

 



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