Florida’s jobless rate fell in November to 8.1 percent, its lowest rate since late 2008.
Florida’s seasonally adjusted unemployment rate dropped 0.2 percentage points to 8.5 percent in October 2012. The October unemployment report was the lowest unemployment rate in the state since December 2008.
Florida’s seasonally adjusted unemployment rate remained fell 0.1 percent in September to 8.7 percent. The numbers reflected 808,000 Floridians out of work in the month of September and will be the final state unemployment report released before the presidential election.
Florida’s overall jobless numbers continued to follow national trends in February, dropping to 9.4 percent. It’s the lowest unemployment has been since February 2009, right before jobs began disappearing due to the Great Recession.
The unemployment rate remained unchanged in February after the economy added 227,000 jobs, the Labor Department said Friday.
Florida had the second best year among all the states in terms of reducing unemployment over the last year, the Bureau of Labor Statistics reported this week.
The state of Florida’s jobless rate remains well above the national average, but did decline by 0.3 percent in October to a monthly average of 10.3 percent.
When more than 40,000 troops leave Iraq in the next two months, many will make their way back home to re-join the civilian world. In addition to emotional challenges, many of these heroes will find themselves unemployed, without civilian skills.
As the economy continues to teeter towards a double-dip recession, the unemployment problem in Florida remains stagnant. July’s unemployment rate for the state stood at 10.7 percent, which was unchanged from June.
Florida’s unemployment rate hit 12 percent in November after the state economy added just 300 non-agricultural jobs in the month of November.