Many Southern states — particularly South Carolina and Florida — have been ravaged by layoffs and home foreclosures
…within the four-county Orlando MSA (Metropolitan Statistical Area), the unemployment rate is 7.7 percent, the highest the region has experienced in 16 years when it was 8.1 percent in August of 1992. “Just one year ago, the unemployment rate was only 4.3 percent. There are 39,529 more people unemployed in December 2008 than one year ago in Central Florida,” says Gary Earl, president and CEO of Workforce Central Florida.
UPDATE: Oops, just got worse: Jobless rate soars to 8.1% in U.S., 8.6% in Florida