A new report from the Florida Center for Fiscal and Economic Policy says the Sunshine State’s future is looking a little dark. The Florida Center for Fiscal and Economic Policy is a Tallahassee-based nonprofit organization that conducts independent research. Their report, called “Troubling Trends Threaten Florida’s Well-Being” looks at various factors around Florida’s economy and finds that the Sunshine State has one of the highest unemployment rates in the nation and the jobs there are, are generally lower paying than in the rest of the nation. The report also found Florida's population growth is stagnant, its rate of income growth has fallen to 45th in the country and the number of people living in poverty has increased by 180,000 in one year. About 1.9 million Florida residents – about one in 10 – receive food stamps and foreclosures in Florida have quadrupled over the last three years. And the way the state spends its money may need to be rethought - Per-capita state government spending is 44th in the nation. Florida spends proportionately more of its budget on corrections than all but two states and a smaller share on education than most states. It also looks at Florida’s high school graduation rate which is 45th in the nation.
You can read the full report on-line we have it linked to this story at oysterradio.com.
READ THE REPORT HERE.
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