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.

US Mortgage Delinquencies at Record Highs

High levels of unemployment keeps pushing the rate of mortgage delinquencies upwards, which could, in turn, raise personal bankruptcies and home foreclosures, according to monthly data from the Equifax Inc. credit bureau.

A record 7.58% of U.S. homeowners with mortgages were at least 30 days late on payments in August, up from 7.32% in July, according to the data obtained exclusively by Reuters. The rate of subprime mortgage delinquencies now tops 41%.

August marked the fourth consecutive, monthly, accellerating increase in mortgage delinquencies. Equifax data showed by comparison, 4.89% of mortgages were 30 days past due in August 2008, while in August 2007, the rate was 3.44%. August bankruptcy filings were up 32% from last year.