Jacksonville Ranks No. 22 in the U.S. for Relocating Singles

2 12 2008

The Orlando Sentinel reported that Orlando is one of the top metro areas in the U.S. for singles who relocate, according to an industry survey of 100 cities.

The survey focused on criteria most relevant to singles: cost of living, rents and availability of apartments, demographic diversity, educational costs and job growth.

But the survey by Worldwide ERC, an association of corporate and government relocation managers, real-estate companies, movers and service firms, also delved deeper into “quality of life” issues that can contribute to the “ease of transition” for a single person moving into a new community.

For example, the prevalence of restaurants, bars, health clubs, sporting events and concerts was a key measure helping Orlando take 13th place out of the nation’s 100 largest metropolitan areas.

Boston claimed the top spot, followed by Nassau/Suffolk, N.Y.; New Haven, Conn.; New York; and Edison, N.J.

San Francisco was the highest-rated California community, at No. 8, and Tampa-St. Petersburg ranked No. 11, the highest-ranked Florida city. In addition to Orlando and Tampa, three other Florida metro areas were rated among the top 50: Jacksonville at No. 22, Fort Lauderdale at No. 24 and Miami at No. 26.

Some of the other statistical measures used in the survey’s analysis were the number of singles in a community ages 25 to 34, the male-to-female ratio, the percentage of people using online-dating services and subscribing to singles’ magazines, the weather, and crime rates.

Primacy Relocation, a Memphis, Tenn., employee-relocation service with offices in six other states, Europe and the Far East, participated in the survey. Company President Michelle Vallejo said the rankings are helpful to human-resources professionals as well as to singles.

Relocating to a city “can be both exciting and overwhelming,” Vallejo said, and HR professionals involved in employee transfers can better predict their success rates based on the rankings. The higher the ranking, the easier it should be for a single person to assimilate into the new community, said Chris Collie, chief executive officer of Worldwide ERC, based in Washington, D.C.





Federal Bailouts, Rescues, Cash Injections Total USD $8.5 Trillion

2 12 2008

Federal bailouts, equity buys into banks and investment houses, liquidity infusions by the U.S. Federal Reserve Bank, loan guarantees and economic stimulus checks now total $8.5 trillion, according to various estimates.

That equates to about 60 percent of U.S. gross domestic product, which will come in around $14 trillion, according to economists.

The $8.5 trillion total in bailouts is nearly twice the size of annual GDP in Japan and accounts for more than the annual GDP of every national economy except the U.S., European Union and China, according to federal data.

The $8.5 trillion includes the $700 billion bank and Wall Street bailout; federal takeovers of Fannie Mae and Freddie Mac; individualized bailouts for Citigroup and American International Group; and various cash infusions into financial and lending markets by the Fed. The $700 billion includes federal equity buys into Bank of America Corp., JP Morgan Chase & Co., Goldman Sachs Group Inc. and other financial institutions.

It’s official: the U.S. economy has been in a recession for all of 2008, said the National Bureau of Economic Research. Surprise, anyone?








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