After a day that saw Wall Street hit record highs, the Bureau of Labor Statistics threw some cold water on the nation’s economy with an average unemployment report for the month of July.
“Top Recruiter: The Competition”, a reality show based in Miami, has its finger on the pulse of Miami’s struggles: joblessness.
Florida’s unemployment rate has been stuck in double-digits for months now, but new numbers on the national level may give Floridians hope that the employment picture is pointing in the right direction.
The state of Florida’s jobless rate remains well above the national average, but did decline by 0.3 percent in October to a monthly average of 10.3 percent.
Florida’s unemployment problem continues to throw a damper on any potential economic recovery in the state. Statewide, the unemployment rate stood at 10.6 percent; but the news in South Florida was much, much worse.