Floridians are earning less and taking more low-wage jobs than they were a year ago, with pay rates dropping more than almost anywhere in the country.
Workers saw their pretax paychecks shrink to an average of $847 per week, down $24 or 2.8 percent compared with 2011, according to a U.S. Department of Labor report released Thursday.
Florida trails only Minnesota, Nevada and Connecticut in wage decline, according to the Labor Department.
What that means for Florida's economy depends on whom you ask.
Continue reading "Unemployment shrinks, but so do paychecks" »
