Florida’s unemployment rate in February remained unchanged from January at 6.2 percent. While the rate is down 1.7 percent from a year ago, the reasons behind the drop remain elusive.
Senate Republicans failed to generate the votes to kill a bipartisan bill to extend long-term unemployment insurance by three months. The filibuster by some Senate Republicans to the extension fell by a vote of 60-37 Tuesday morning.
More than a million people may lose their unemployment insurance in just a few weeks if Congress fails to extend a Great Recession program that increased the number of weeks for which unemployed workers qualify.
Florida’s unemployment rate dropped from a seasonally adjusted rate of 6.8 percent in September to 6.7 percent statewide in October. The unemployment rate dropped 1.5 points over the last year and was the lowest since August 2008.
Florida’s seasonally adjusted unemployment rate dropped to 7.1 percent in May 2013 which was the lowest rate seen since September 2008. Overall, unemployment dropped 0.1 percent in the last month according to the seasonally adjusted numbers.
The outline of a deal to avoid the so-called “fiscal cliff” is reportedly been made in the Capitol with just hours to go until the end of 2012.
Floridians got an early Christmas present on the state’s unemployment report released Friday. The state’s seasonally adjusted unemployment rate dropped to 8.1 percent in November.
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 is fifth out of 50…a very good ranking when it comes to a state’s business tax climate.
The Florida unemployment continued to decline in May, dropping to a seasonally adjusted 8.6 percent. It’s the lowest the unemployment rate has bee in the Sunshine State since December 2008. But the news in South Florida is far from rosy.