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Florida's Unemployment Rate Steady in July

TALLAHAHASSEE (by Rick Flagg and Alan McBride/FLA. NEWS NETWORK) -- During the first three years of the Rick Scott administration, Florida's unemployment rate tumbled from 11 percent to just over six percent... but it hit a plateau in January and has been steady ever since.
Jesse Panuccio at the Department of Economic Opportunity says July's jobless rate was 6-point-2 percent... the same as it was in January, February, April and June.
"There's a lot behind that number," he said. "Staying the same doesn't always mean bad things for the labor market. It could be a good thing if people are coming back into the labor force ... which is what's happening here."
Florida added 21-hundred private sector jobs last month, but there were so many cuts in local governments that the state ended up with a net loss of 1,600 jobs.
Walton and Monroe Counties have the lowest unemployment rate, at 3.9 percent.
Hendry has the highest jobless rate, 12.5 percent, and is the only county in double digits.

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Topics : Business_FinanceLabor
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Locations : FloridaMonroeWalton
People : Alan McBrideJesse PanuccioRick Flagg