The economy added 430,000 jobs in the last three months, including 120,000 in October, brightening what until now had been anemic prospects for a sustained recovery–and brightening Obama’s re-election prospects.
us economy
Feed Flagler: Community-Wide Celebration Wraps-Up With 3,000 Meals Served
We’re reporting live this afternoon from various Feed Flagler locations as the community-wide Thanksgiving celebration takes place from 3 to 6 p.m.
Sheriff’s In for $5,000, Tax Collector for $6,000; Let’s Do Our Part for Feed Flagler
The third annual Team Feed Flagler challenge kicks off, raising money and food for 4,000 free meals the day before Thanksgiving. Help us rival Tax Collector Suzanne Johnston, last year’s fund-raising winner.
What I Learned Occupying Wall Street and DC
The unemployed, the foreclosed, and the sick-of-it-all are coming together to discuss the world that we want to see and how to get there, says Lacy MacAuley, an activist, in an attempt to define the movement’s purpose.
Existing Home Sales Just Under 5 Million, 11.3% Better Than Last September
Existing-home sales were down in September on the heels of a strong gain in August, but remain well above a year ago, according to the National Association of Realtors.
Bleak and Bleaker: State Revenue to Fall Another $2.5 Billion Over the Next 2 Years
The Legislature’s revenue estimating economists today announced a shortfall of about $1 billion for the coming year and $1.5 billion the following year. Rick Scott continues to rule out tax increases.
A Shade Less Than Dire, Unemployment Holds Again at 9.1% as 103,000 Jobs Are Added
July and August figures were revised upward for a net addition of 287,000 jobs over the last three month, still far short of what the economy needs to be healthy, or to bring the unemployment rate down.
Stalled: Unemployment Remains at 10.7% in Florida, Ticks Up to 14.9% in Flagler
As in the rest of the nation, job creation in Florida and Flagler is close to a standstill, with just 9,900 jobs created in July, leaving almost 1 million Floridians out of work.
Incomes at Their Worst Since 1996, Poverty At a 52-Year High, Inequality Deepening
Florida’s poverty rate rose to the highest level in 16 years, with 3 million residents—one in six—living under the poverty line in 2010. Nationally, most economic and health insurance indicators are worsening to historic levels.
Since 9/11: A Reckoning
Moving tributes and grief aside, one lesson of the last 10 years is that we have yet to learn the lesson of the last 10 years: we are not only on a spiral downward. We are feeding the spiral, collectively and consciously. We should all be mourners, and not just for 9/11’s victims.