As I predicted, Florida's unemployment rate drops

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Unemployment in Florida dipped to 10.3 percent in October, down slightly from 10.6 percent in September, the Department of Economic Opportunity reported. The drop puts the state’s jobless rate at its lowest point in more than two years.

If you remember, I wrote on Tuesday:

Despite some serious concerns concerns about ferocity, velocity and volatility in today’s political environment, I am actually bullish on the country’s economic prospects.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including,,, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.