TALLAHASSEE, Fla. (AP) — A new state report gives a murky outlook for Florida's economy — noting that recovery could take years as the state pulls itself out of the Great Recession.

The report released Tuesday could also point to political reverberations for both President Barack Obama and Gov. Rick Scott whose fortunes appear to be linked to job growth. Florida is a key swing state that could help decide the 2012 presidential election.

State economists contend that Florida's unemployment rate — which has been dropping since Scott took office— is largely going down now because people are dropping out of the work force not because they are finding jobs.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.