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Miami Economic News

One More Reason Miami Is An Economic Nightmare

Miami New Times | Kyle Munzenrieder | Posted 05.14.2014 | Miami

Another day, another pointed reminder that Miami is an economic nightmare for all but the elite. Interest.com compared the average expenses for resid...

America's Next Great Tech Hub?

AP | By LAURA WIDES-MUNOZ | Posted 07.06.2014 | Miami

MIAMI (AP) — Famed for its beaches, cruises and cafecitos, South Florida is now angling to become one of the next U.S. tech hot spots by leveraging ...

Miami's Poor Live On $11 A Day As Boom Widens Wealth Gap

Posted 05.02.2014 | Miami

As the luxury bus ferried a dozen of his clients past building sites, Miami property consultant Peter Zalewski rattled off names of 50 area high-rises...

Can This Be South Florida's Future?

Sun Sentinel | Doreen Hemlock | Posted 03.17.2014 | Miami

Come 2060, a larger share of Southeast Florida residents will live in walkable districts linked to railroads, trolleys, bike rentals and other transpo...

Florida's Minimum Wage Goes Up

Sun Sentinel | Marcia Heroux Pounds | Posted 03.02.2014 | Miami

Florida workers earning the minimum wage will see a 14-cent rise in their hourly pay to $7.93 on Jan. 1. Wages for tipped workers also will increase b...

What South Floridians Are Doing Faster Than Everyone Else

Sun Sentinel | Donna Gehrke-White | Posted 02.09.2014 | Miami

South Floridians reduced their total consumer debt at a faster pace than their peers in the nation's largest 25 metro areas, according to a study rele...

LOOK: How The Shutdown Really Sucks For Florida

Posted 10.08.2013 | Miami

As the federal government shutdown enters Day Eight, the grim reality hits hard in and near Everglades National Park. Not only may the gridlock je...

Really Bad News For Florida's Economy

Associated Press | Posted 11.03.2013 | Miami

MIAMI -- Florida's economy has been losing ground since about 2000 on almost every measurement, including income, unemployment and inflation, a report...

The Downside Of South Florida's 'Astounding' Wave Of Cash Home Sales

Sun Sentinel | Paul Owers | Posted 10.29.2013 | Miami

In South Florida, 69 percent of all home sales last month were cash deals -- and that's way above the national average. Across the state, 66 percent ...

WATCH: What It's Like Living On Minimum Wage In South Florida

The Huffington Post | Janie Campbell | Posted 07.19.2013 | Miami

Marc Gattereau cleans airplanes at Fort Lauderdale-Hollywood International Airport. He also has a wife and three children. But with an hourly wage of ...

Report Reveals Sobering Truth About Miami Cost Of Living

Posted 07.10.2013 | Miami

The Economic Policy Institute has just updated their cost-of-living budgets to reflect how much a family needs to earn to get by in 2013. Looking a...

Florida Isn't Smart Enough

Florida Trend | Mark Howard | Posted 08.19.2013 | Miami

Florida, with the nation's fourth-largest economy, has about 18,600 Ph.D. scientists and engineers in its public and private sectors combined. That's ...

This Will Make You Angry!

| Posted 04.09.2013 | Miami

50 years ago today, President John F. Kennedy declared the end of gender pay discrimination as he signed the Equal Pay Act of 1963 into law. But ...

The Dark, Sad Side Of Florida's New Job Numbers

The Tampa Tribune | KEVIN WIATROWSKI | Posted 05.24.2013 | Miami

TAMPA -- The number of Floridians using food stamps reached a historic peak in January, when nearly one-fifth of the state's 19 million people relied ...

City May Cut Family Health Insurance For Employees

Sun Sentinel | Lisa J. Huriash | Posted 05.21.2013 | Miami

PLANTATION -- The City Council will consider slashing benefits for new hires to City Hall, including dropping employees' spouses and children from hea...

OUSTED: Beacon Council CEO

Miami Herald | Douglas Hanks | Posted 05.08.2013 | Miami

http://huff.to/12AHaDC...

LOOK: Miami's Class Divisions

The Atlantic Cities | Richard Florida | Posted 05.01.2013 | Miami

The map above shows the class divides for the city of Miami proper. The creative class lives in the areas that are shaded in purple, the red areas are...

Awful News For Florida

Sun Sentinel | Donna Gehrke-White | Posted 01.02.2013 | Miami

South Florida experienced a sharp increase in personal bankruptcies in October, a sign that banks are resuming efforts to foreclose on delinquent mort...

Miami Takes Worst Rank On Very, Very Bad List

The Huffington Post | Christiana Lilly | Posted 10.19.2012 | Miami

The presidential debates have been centered around America’s middle class, and according to a new study, Miamians could really use some relief. T...

Not The Right Kind Of Jobs!

Miami Herald | Posted 11.04.2012 | Miami

Florida's employment recovery hasn't brought back many well-paying jobs. That's the conclusion of a new study timed for Labor Day showing the gaps ...

How Long Must You Save For A Miami Down Payment?

Posted 10.28.2012 | Miami

It's labor day weekend, but you might not be spending it at the beach if you're trying to buy a home in Miami. With an average weekly wage of $893...

Not So Great News For Miami

Miami Herald | Douglas Hands | Posted 10.17.2012 | Miami

In January, Mitchell Hall lost his $33-an-hour job as a respiratory therapist. On Monday, the 50-year-old finally will head back to work -- earning mi...

Brazilian Tourists Now Biggest Spenders In The U.S.

AP | JENNY BARCHFIELD | Posted 05.10.2012 | Business

RIO DE JANEIRO (AP) — The overstuffed bags filling Fernando Mello's luggage cart wobbled precariously as the gym owner made his way home one morning...

Protesting Jackson Workers Secure County Commission Hearing On Layoffs

Posted 05.07.2012 | Miami

Though Jackson Health System's CEO insists the financially strapped provider must eliminate 1,115 jobs in order to "right-size," not everyone is down ...

We're The Tops! (In Container Cargo)

AP | Posted 04.17.2012 | Miami

MIAMI — Container cargo traffic through Port Miami rose 7 percent in the most recent fiscal year, solidifying its status as the top container po...