Economic growth slowed in May with just under 70,000 new jobs created, fewer than expected, and the national unemployment rate remained “essentially unchanged” at 8.2 percent, the U.S. Bureau of Labor Statistics reported Friday via the News Service of Florida. Employment increased in health care, transportation and warehousing, and wholesale trade but declined in construction. Employment was little changed in most other major industries. Republicans quickly blamed the White House for not doing enough to create jobs last month. Florida’s jobless rate is down to 8.7 percent, getting closer to the national rate.
Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, 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.