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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (123966)5/19/2008 1:40:47 PM
From: Jim McMannisRespond to of 306849
 
Pink slips pile up in Florida

tampabay.com

Michigan may have trounced Florida in football this year, but we just slammed our Rust Belt rivals in a category where they have long held prominence: job losses.

For April, Florida led the nation for the largest month-over-month drop in employment levels. From March to April, the state lost 25,300 jobs. Michigan, meanwhile, shed 18,600 positions over the month.

"It's certainly not a position we're used to,'' said Rebecca Rust, economist with Florida's Agency for Workforce Innovation. "We've been a leader in job creation for most of the last decade because of the construction boom, which was exacerbated by hurricane recovery. When you're up so high, you have farther to fall."



To: Smiling Bob who wrote (123966)5/21/2008 10:38:36 AM
From: Smiling BobRead Replies (2) | Respond to of 306849
 
IHP spent their windfall
Now what?
Still have a ton of debt and a chain of joe blow restaurants lacking joe blows.