Florida unemployment news: The good, the bad and the ugly

First, the good news: Florida’s unemployment rate has not risen for the second month in a row. Now the bad: The state’s unemployment rate hangs at nearly 11 percent, the worst it has been since 1975. The ugly news? Florida’s unemployment trust fund ran out of money this week.

Don’t worry — yet. The federal government is advancing money to the state government to help pay for benefits, but considering the mounting debt up in Washington — and state Republicans too proud to take any federal money — who knows how long that will last.

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