KVann_UnemploymentHousingIndustry_022211

KVann_UnemploymentHousingIndustry_022211 - Course Project...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Course Project Unemployment 1 The housing industry happens to be a very interesting when it comes to the terms of unemployment. Due to the fact that the housing industry went through a major slump in the last decade, the unemployment rate sky rocketed. On the other hand, however, much of the housing market slump was due to the overall unemployment rate across the United States. The current overall unemployment rate in Florida is around 11.6% and the current overall unemployment rate in the United States is around 9.0%. This is a large improvement from previous years where the unemployment rates were sitting on average about 7% to 8% higher. The housing industry partakes in about 3 to 4% of the total employment market therefore leaving the unemployment rate for the housing industry in a reverse equation. The unemployment rate for the housing industry in the United States at 9% of the .035, that is the total market employment. (Other factors that can influence the unemployment rate in the housing industry
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 08/21/2011 for the course ACCT 1221 taught by Professor Adgams during the Spring '11 term at Stetson.

Page1 / 3

KVann_UnemploymentHousingIndustry_022211 - Course Project...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online