Broward Unemployment is Target of $1 Million BE BOLD Prize; Community Foundation of Broward Seeks Innovative Idea/Solution
Broward Unemployment Rate Pegged at 6.6 Percent for December 2020
BE BOLD Prize Zoom Information Session Slated for Wednesday, Jan. 27 from 11 a.m. to Noon
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FORT LAUDERDALE, Fla., Jan. 22, 2021 /PRNewswire/ Today s announcement of a 6.6 percent unemployment rate in Broward County for December 2020 adds impetus to a newly-announced initiative of Community Foundation of Broward a $1 million dollar BE BOLD Prize to get Broward County residents back to work within the next two years. The BE BOLD Prize encourages new ways of thinking that move beyond traditional workforce development programs and embrace an innovative idea and solution for transformative community impact.
$1 Million BE BOLD Prize to Get Broward Back to Work; Community Foundation Seeks Innovative Idea/Solution
73,879 Broward residents or 7.3 percent of the Broward workforce are currently unemployed
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FORT LAUDERDALE, Fla., Jan. 12, 2021 /PRNewswire/ Community Foundation of Broward (CFB) has announced a $1 million dollar BE BOLD Prize to get Broward County residents back to work within the next two years. The BE BOLD Prize encourages new ways of thinking that move beyond traditional workforce development programs and embrace an innovative idea and solution for transformative community impact.
Due to economic fallout from COVID-19, Broward s unemployment rate stood at 7.3 percent in November 2020, representing 73,879 unemployed Broward residents, according to the latest data released by the Florida Department of Economic Opportunity. That is more than double the County s 2.7 percent unemployment rate from November, 2019.