Thursday, April 25, 2024

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Unemployment Rate Continues to Drop in Florida

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In April, the unemployment rate stood at 3.9 percent in Florida. A year ago, it stood at 4.2 percent. Those figures mirror the national unemployment rate which dropped from 3.9 percent to 3.8 percent from April to May. Despite that, Florida has an annual job growth rate of 2.4 percent over the past year compared to 1.9 percent at the national level. 

Florida Job Situation Good Latest Numbers Show

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Finding a job in Florida is getting easier if you put stock in the latest U.S. Bureau of Labor Statistics numbers. Those numbers show that the sunshine state is leading the nation in job growth. The state added 29,600 jobs in May, more than any other state. That includes both private sector and government positions.