economy

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?

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.

The Miami-Dade Economic Advocacy Trust held a daylong summit in downtown Miami to talk about the needs of Miami’s black communities.

Some of the topics discussed were housing strategies and equal participation of black business owners in development projects.

Here's what some of the attendees had to say:

T. Willard Fair, president of the Urban League of Greater Miami:  Black politicians in Miami-Dade have done "zero" to build black wealth in black neighborhoods.

Screen shot / U.S. Department of Education

Lots of schools promise to train students to be nurses, technicians or for other in-demand medical careers. But a new federal database shows that isn’t always the case.

At some schools,  only a small percentage of students who attend using federal grants or loans earn more than a high school graduate a decade after enrolling in college.

The data links students who received federal financial aid to what they reported earning on their tax forms a decade later.

Wilson Sayre / WLRN

It would have been tough to beat June’s housing numbers, a month when Miami-Dade County set an all-time record for single-family home sales.

While South Florida as a whole saw a slight drop compared to June, July’s sales were still about 14-percent higher than July last year, according to a report from Florida Realtors.

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