Forget the Recession, Florida is in a "Mancession"!

Florida's economy faced a severe downturn in 2008, but not all genders were created equally. The "mancession" hit male-dominated jobs, such as those in the construction and manufacturing industry, harder than typically female-oriented industries like education and health care.

The result has been greater unemployment statistics for men than women. Florida's unemployment rates in 2010 broken down by sex were 12.3% for males and only 9.7% for females.

Florida Gets $800 Million for High-Speed Rail

Florida is getting another $800 million in stimulus money to build a high-speed rail from Orlando to Tampa.

The project is estimated to cost $2.6 billion, and the additional $800 million will bring Florida only $300 million away from this estimate.

It is believed that the high-speed railway will help Florida's economy by providing construction and operational jobs, as well as increasing tourism and travel throughout the Central Florida region.

Plans are also in the works of extending the high-speed railway to connect Orlando and Miami.

Florida Unemployment Rate Reaches 11.7%

This August, Florida's unemployment rate climbed to 11.7%, up from 11.5% in July of this year. This means that approximately 1 million of the 9.2 million Florida workers are jobless, according to the Florida Agency for Workforce Innovation. Florida's unemployment rate is now 2% higher than the nation's average.

The state lost 16,000 jobs last month, with the biggest losses in sectors such as construction, manufacturing, real estate and government.