Economy

The economy plays a significant role in the quality of life in a community. Our community’s wages, employment rate and affordable housing all impact the way we live and the future of our community. Poverty, cost of housing, unemployment and low wage are all areas we need to improve.

People employed in Escambia and Santa Rosa counties make an average of $8,000 less than the typical American worker.

32 percent of the local workforce earns $32,000 a year or less.

The number of jobs in manufacturing fell by 56 percent in Pensacola over the 1969-2014 period, while it fell by 36 percent nationwide.

The number of jobs in federal civilian and military employment fell by 23 percent in Pensacola over that period, while it fell by 20 percent nationally.

Because jobs in other sectors of the economy generally have grown over time, manufacturing and federal job performance look even weaker when measured as a share of the overall economy.

By 2014, those shares had declined to 11.5 percent of employment and 25.5 percent of total wages.

Today, the number of unemployed in the Escambia-Santa Rosa area has plummeted to 9,576, with the jobless rate in Escambia at 5.3 percent, and 4.4 percent in Santa Rosa.

In order for Pensacola to reach “full employment” our unemployment rate needs to be in the 3 percent or below range.

Low wages and shortage of available housing for rent or sale impacts that available affordable housing. Wages need to be raised.

Economy

PYP Quality of Life survey 2017

More people in Escambia County and in the City of Pensacola feel that things are heading in the right direction than they did last year — and there more room for improvement. Read full story

Economy

How family-friendly is Florida?

Not very according to criteria used by the site WalletHub to compare states

Survey by personal finance website finds Florida lacking in some areas that would make a state "family friendly." The Pensacola Metro Dashboard shows local data. Read full story

Economy

An update on the Pensacola Metro Dashboard

In this episode of the Studer Community Institute show, founder Quint Studer reviews the 2016 updates to the Pensacola Metro Dashboard. Read full story

Economy

7 tips to make your work-related resolutions successful in 2017

While most of the popular New Year’s resolutions — eat right, work out more, learn a new language — might be personal, there are always attainable resolutions in the workplace. Read full story

Economy

SBA’s Microloan Program available in Northwest Florida

U.S. Small Business Administration announced that the agency’s Microloan Program is now available to qualifying small businesses throughout the state Read full story

Economy

AARP rates Pensacola’s livability

AARP's Livability Index shows Pensacola metro area's strengths and shows health, other areas as places where the community has room to improve. Read full story

Economy

Holiday shoppers boost sales, jobs in Pensacola area

Tourists are a big economic boom for the Pensacola area, but holiday sales still lead the pack for economic impact, says UWF's Phyllis Pooley. Read full story

Economy

Where is Pensacola’s “digital divide’?

Now the digital divide seems to be falling alone income level, a factor most often influenced by education, employment and, sadly enough, race or gender, writes UWF's Phyllis Pooley. Read full story

Economy

Economic uncertainty filters through Pensacola, state

Economic uncertainty is a reality that local — and state — leaders will have to deal with to improve Pensacola's quality of life. Read full story

Economy

What will PYP’s 2016 Quality of Life Survey reveal?

Since the PYP Quality of Life survey began, it has reflected an ambivalence in the community. That this is a great place to live — but not for everybody. Read full story

Economy

Cox Business wants entrepreneurs to Get Started

Local entrepreneurs and small business owners can win a $20,000 prize package, build their network at Cox’s Get Started Pensacola on Nov. 2. Read full story

Economy

Escambia new business starts lag Santa Rosa, state

UWF's Haas Center researcher finds relatively few new business births in the years following the Great Recession of 2007–09—particularly in the Pensacola area. Read full story