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Spirit says it has identified about $80 million of cost-cutting measures set to begin early next year. Those cuts will be driven primarily by a “reduction in workforce,” the airline disclosed in a Thursday regulatory filing.
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Donald Trump was president when Black poverty and unemployment reached record lows. owever, Trump leaves out that his opponent, President Joe Biden, saw both of those record lows surpassed on his watch.
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About 200 job-seekers attended a job fair in Miami this week, where all of the employers were willing to hire people who've been previously incarcerated.
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South Florida’s unemployment rate is the lowest among major metropolitan areas. A new survey finds most Miami-Dade businesses are having a tough time filling open positions.
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South Florida represents extremes of two important economic barometers for the Biden administration — low unemployment but stubborn inflation.
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Bureau of Labor Statistics figures show that Hispanic or Latino unemployment was 9.3% in December 2020, President Donald Trump’s last full month in office. That rate fell from 8.5% in January 2021, the month Joe Biden was sworn in, to 4.9% in August 2023.
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Florida’s unemployment rate remained at 2.6 percent in March, as service-related jobs continued to lead in new hiring and construction jobs fell for a third consecutive month.
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The unemployment rate of 2.7% is unchanged from July, and an estimated 293,000 Floridians were out of work last month.
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Florida’s unemployment rate dipped to 2.7 percent in July, matching the level before the COVID-19 pandemic slammed into the economy.
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The state Department of Economic Opportunity on Friday released a report that said the June rate was 2.8 percent, down from a revised 2.9 percent in May. The June number represented 303,000 Floridians unemployed in a workforce of 10.633 million.
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The U.S. Department of Labor on Thursday estimated 6,961 first-time claims were filed in Florida during the week that ended July 9, up from a revised count of 6,155 during the week that ended July 2.
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Tesla, JPMorgan, Netflix, Redfin and Coinbase are among companies that are cutting jobs. While layoffs are contained to the hottest parts of the economy, there's fear they could spread elsewhere.