|Published:||Jul 16, 2010 3:43 PM EDT|
|Updated:||Jul 16, 2010 12:42 PM EDT|
TALLAHASSEE, Fla – Florida’s seasonally adjusted unemployment rate for June 2010 is 11.4 percent. This represents 1,056,000 jobless out of a labor force of 9,237,000. The unemployment rate is down 0.3 percentage point from the May rate of 11.7 percent. This is the third consecutive monthly decline in the state’s unemployment rate and the lowest rate since October 2009. Prior to this year, the last time Florida recorded monthly declines in unemployment rates was February 2006.
Florida’s total nonagricultural employment in June 2010 is 7,232,500, representing a loss of 1,900 jobs (less than 0.1 percent) over the month. The loss of more than 20,000 Census jobs contributed to the over the month loss. Florida’s annual rate of job loss has continued to moderate with the steepest rate of decline at -6.9 percent in March 2009 compared to the current -0.1 percent, a loss of 10,200 jobs.
“This continuing decline in Florida’s unemployment rate is another strong indication that our economy is improving,” said AWI Director Cynthia R. Lorenzo. “While we recognize that families and businesses, especially those impacted by the Gulf oil spill, continue to face challenges as the nation emerges from recession, this positive indicator should provide hope to Floridians. With Governor Crist’s leadership, we remain dedicated to seeking opportunities and pursuing all available resources to build on Florida’s economic recovery.”
When you break down the numbers county by county, Hendry county is the worst in terms of people out of work. Nearly one of every six eligible workers in Hendry County in southwest Florida are out of work. Sparsely populated Liberty County in the Florida Panhandle reported the lowest unemployment at 6.8 percent, the Agency for Workforce Innovation said Friday.