Gov. Scott keeps touting his push for tax cuts and less regulation as the reasons why Florida unemployment has fallen to 6.2 percent below the national average.
A recent report by state economists in Tallahassee, however, gives a more-truthful picture of the jobs that have been created. The average Florida wage continued to drop, and in 2012 fell to 87.7 percent of the average U.S. wage. Despite a lot of hype, not many well-paying jobs are being created in Florida.
The report also noted that if the labor participation rate had remained constant since 2011, the real unemployment rate would be 6.9 percent. This was attributed to many people dropping out of the labor force.
Once again, Scott likes favorable headlines, but a look beneath the surface tells a different story.