Thursday, July 17, 2008

Florida job losses fuel gloomy forecast

The Miami Herald reports:

The top job-loss state in the nation. Shrinking wages. Collapsing population growth. Record home foreclosures.

Florida's economy is not just firmly and bleakly in the red ---- it will likely stay that way until next June, according to the state government's top economists who issued their most pessimistic financial forecast in years.