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View Full Version : Florida unemployment rises to 10.6 percent in June



red states rule
06-17-2011, 04:37 PM
This should do wonders for Obama re-election bid.

In the world of Virgil and the Obama drones they will blame Pres Bush and vote for MORE of that hope and change they have been getting

I guess Dems will pass a law banning all ATM machines in the state to spur job creation





Despite signs the recession is easing, Florida's unemployment rate made an unexpectedly large jump last month, fueling predictions the state could break modern-era jobless records set in 1975.

On Friday, Florida officials reported the state's unemployment rate catapulted to 10.6 percent in June, the highest in 34 years, with the Tampa Bay area among the leaders in job losses.

The Florida Economic Estimating Conference, consisting of various state economists and financial staff, met Friday to update an already-out-of-date prediction from March that unemployment would top out at 10.2 percent in early 2010. No consensus had been reached by late Friday, but some economists say it's increasingly likely state unemployment could top 12 percent.

Rebecca Rust, chief economist with the Florida Agency for Workforce Innovation, said it's possible unemployment will surpass Florida's 11.9 percent peak during the 1975 recession, "but we're going to hope stimulus funds help pull us out."

http://www.tampabay.com/news/business/workinglife/article1019282.ece

Thunderknuckles
06-17-2011, 04:47 PM
On the flip side, it doesn't make republican governor Rick Scott look good either.

red states rule
06-17-2011, 04:49 PM
On the flip side, it doesn't make republican governor Rick Scott look good either.

He has only been in office for about 6 months

This is the direct result of Obamanomics