Unemployment Continues Upward
Florida’s unemployment rate is now at 10.6 percent, well above the national average.
About 20,000 Floridians lost their jobs last month, but there is hope on the horizon. Economists are reporting a slight increase in state revenue collections and home sales, according to the Capitol News Service.
About 970,000 Floridians are out of work, bringing Florida’s unemployment rate to 10.6 percent, but there are still 300,000 job openings in the state.
“These openings show job churning in the labor market," said AWI chief economist Rebecca Rust. "Even though industries are in decline, there are needs for replacements.”
Home sales and state sales tax collections are slightly up over previous estimates.
“It’s a sign of stability," said state economist Amy Baker, "that things are starting to behave like we think they would. The outside things that were causing unexpected movements are starting to stop and not be factors.”
Debbie Butler lost her job as a hotel clerk three months ago. Next week, she’s starting her new job at a laundromat. It’s not exactly what she was looking for, but…
“I’m grateful to have a job," Butler said. "I’m happy to have a job, so I’m OK.”
And while Butler will keep her eyes open for new opportunities, most agree that any job in this economy is a good one.
To take a look at the 300,000 job openings, visit the state's job bank.
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