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State of Working Florida 2011

September 7, 2011 Comments off

State of Working Florida 2011
Source: Research Institute on Social and Economic Policy (Florida International University)

This report focuses on how workers are faring in Florida’s economy, and the overriding theme in 2011 is the stark contrasts in the impact of the recession on different groups of workers. While higher educated workers in higher paying jobs appear to be doing fairly well and even gaining ground in wages, lower educated workers, African American workers, and young workers, are still facing extremely high unemployment rates and wage decreases. Florida was one of the hardest hit states during the Great Recession of 2007-2009, which was brought on by the housing and financial market crashes, and the state still has a jobs deficit of 981,000, the number needed to make up losses from the recession and keep up with population growth.

+ Full Report (PDF)

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