economy

Lauren Moore/flickr

The middle class has fewer and fewer job opportunities in Florida according to the newest edition of an annual report called “The State of Working Florida.” The study looks at how the jobs available, as well as the pay and benefits they offer, affect prospects for climbing the economic ladder. Researchers studied the years from 2009 to 2014.

The Wizard / Flickr Creative Commons

As the first few weeks of school get underway, student supply lists in South Florida are sparking conversations, and in some cases, criticisms.

There are the usual requests: pencils, composition notebooks and bookbags. But as school budgets continue to shrink, teachers are also asking parents to supplement basic classroom items like copy paper, permanent markers and disinfectant wipes.

Natavia Davis saw some of these complaints play out on her Facebook feed with parents who have children in South Florida public schools.

Public domain

Nonprofit transportation research group TRIP released a study last week that names Florida’s interstate highways the 9th most congested in the country.

 

The study shows that travel is increasing too fast for states to keep up, but Greg Stuart, executive director of the Metropolitan Planning Organization in Broward County, says the study bodes well for Florida’s future.

 

South Florida Cities Make Top AND Bottom Of Jobs List

Jun 21, 2016
Carl Juste / The Miami Herald

Florida’s diverse job market makes it one of the best states to get a job -- while at the same time, one of the worst.

The financial website, Wallet-Hub, ranked 130 cities in the state. South Florida cities land on both ends of that spectrum: Boca Raton is in one of the top 10, while Hialeah and Miami Gardens are in the bottom of the list.

Palm Beach Post

"A critical inflection point." "Reached a crossroads." That's how a new study describes the South Florida economy. 

Nadege Green / WLRN

 

  A group of housekeepers and nannies gathered  in Liberty City at the Miami Workers Center to talk about their pay in advance of a Domestic Workers Assembly the center will host next month. The assembly will address the field’s low wages and protections for the largely female workforce.

Tim Padgett / WLRN.org

Last month we thought Cuba’s communist hardliners had put the brakes on growing the island’s private sector. But you never know with Cuba.

Today Havana issued a hopeful reform that Cuba’s half a million fledgling entrepreneurs – or cuentapropistas – have long waited for. The island’s communist government announced that small private businesses may now become genuine legal entities.

FIU Metropolitan Center

  Poverty is up in Miami-Dade County and wages are about the same as they were back in 2010 when adjusted for inflation.

Those are just a few of the findings of a new comprehensive study of prosperity in the county coming out Wednesday from the Florida International University Metropolitan Center that paints a picture of the region that in many ways looks worse than during the height of the last recession.

For Working Parents, Spring Break Is No Vacation

Mar 28, 2016
Rowan Moore Gerety / WLRN News

Both Wanda Gomez’s sons thought the warm weather made it clear where they needed to spend a balmy afternoon last week.“They said, today’s a pool day, but like, we cannot go to pool, because...I have to work,” Gomez says. Such is spring break for a working single mother.

Tom Hudson

Consistently, voters say the economy is one of the top issues in the race for the White House. It ranks higher than any social issue, gun rights or immigration. If Florida voters are anything like voters elsewhere, it’s the economy that is the big issue as early voting in the state's presidential preference primary begins.

courtsey

When one thinks of real estate in South Florida, one probably thinks of the housing market. That wouldn’t be wrong, but the other big slice of real estate -- and one with the cranes and big construction projects -- is coming off a big year.  Last year South Florida saw more than a dozen commercial real estate deals of more than $100 million dollars.  Billions of dollars of office buildings, condo buildings, shopping malls and warehouses were bought and sold throughout the region. Can the boom continue?

Capital One Sues Its Cardholders More Than Any Other Bank

Dec 30, 2015
Nicholas Kamm / AFP/Getty Images via NPR

The investigative journalism non-profit ProPublica went through court data from 1996 through 2014 in 11 states, including Florida. Capital One has more court filings than any other lender during those years.

In each state, Capital One stood out as the bank that sues its customers the most and for the smallest amount -- as little as $1,000.

Most Americans Are No Longer Middle Class

Dec 10, 2015

Most Americans are no longer in the middle class, according to the Pew Research Center. The country has about 120.8 million adults living in middle-income households, a new Pew study found. That compares with the 121.3 million who are living in either upper- or lower-income households.

Chabeli Herrera

Next week, something may happen for the U.S. economy that hasn’t happened in more than a decade -- the Federal Reserve could raise its target interest rate. It’s not expected to be a big hike, but with the job market adding work and wages slowing increasing, the Fed is growing more confident in the American economy. To hear how higher interest rates could affect jobs, paychecks and housing in South Florida, we spoke with Dennis Lockhart, president of the Federal Reserve Bank of Atlanta.

Nzingah Designs

The holiday shopping season is just getting started and among the flurry is a special focus on small businesses.

Tomorrow (Nov. 28) is Small Business Saturday— it’s a day that encourages consumers to shop small and local businesses. American Express started the day in 2010 to coincide with the shopping boom that immediately follows Thanksgiving. Last year, customers spent $14.3 billion at independent stores on Small Business Saturday, according to American Express.

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