Thursday, March 11, 2010

Florida hits 35 year high in unemployment rate

Ouch! The state I live in reached 11.9% unemployment in January and the county I live in (Palm Beach County) hit 12.5% in the same month. The article states that Florida has lost 926,100 jobs since 2007. No industry is immune and the famous Jackson Memorial hospital in Miami is in peril of closing some of its units doors in May if it can not find a way to cover its 200 million dollar deficit. More than 4,400 jobs hang in the balance and these unemployment rate percentages do not reflect the NASA closures still to come as mandated by Obama.

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