Connect with us

Hi, what are you looking for?

Florida Politics

Florida’s Unemployment Rate Dropped in January

On Monday, the Florida Department of Economic Opportunity (DEO) announced that the state unemployment rate hit a record low in January before coronavirus impacted the Sunshine State.

Share this story:

On Monday, the Florida Department of Economic Opportunity (DEO) announced that the state unemployment rate hit a record low in January before coronavirus impacted the Sunshine State.

In January, the unemployment rate in Florida stood at 2.8 percent, dropping from the 2.9 percent rate in December.  The national unemployment rate stood at 3.6 percent in January. Still, DEO was more concerned on Monday with showcasing efforts to boost the economy as it faces the threat of coronavirus.

“The state of Florida is working to maintain the business-friendly climate our state is known for. Florida is closely monitoring COVID-19 and the impacts it could have on businesses that make Florida their home. The state is working with federal and state partners to ensure the safety and well-being of all Floridians while ensuring businesses are supported. Yesterday, March 15 Governor DeSantis sent a letter to the federal Small Business Administration (SBA) requesting to make the Economic Injury Disaster Loan program available for Florida’s small businesses impacted by COVID-19,” DEO noted.

“While our partners across the state work intensely to stop the spread of COVID-19, our agency is assessing the resources Florida’s impacted communities and businesses may need,” said DEO Executive Director Ken Lawson on Monday.

See also  Ron DeSantis Signs 11 Bills

In the past year, Florida has seen 164,500 new private-sector jobs including almost 35,000 in education and health services; almost 31,500 in professional and business services with 31,400 new jobs; 29,700 new jobs in leisure and hospitality with 29,700 new jobs; and almost 28,000 new jobs in trade, transportation and utilities.

Miami-Dade County had the lowest unemployment rate in the state at 1.5 percent, followed by Monroe County at 2.1 percent, St. Johns County at 2.7 percent and Okaloosa County at 2.8 percent. Hendry County had the highest unemployment rate in the state at 5.1 percent, followed by Citrus County at 4.9 percent, Hamilton County at 4.7 percent and Sumter County 4.6 percent.

 

Reach Kevin Derby at kevin.derby@floridadaily.com.

Author

  • Originally from Jacksonville, Kevin Derby is a contributing writer for Florida Daily and covers politics across Florida.

    View all posts
Share this story:
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

<

Ed Dean: Publisher

 

Ed Dean is a leading radio and news media personality including hosting the #1 statewide radio talk show in Florida. Contact Ed.Dean@FloridaDaily.com

Related Stories

Governor Ron DeSantis

Florida Gov. Ron DeSantis signed the following bills: CS/CS/CS/HB 267 – Building Regulations – Requires the Florida Building Commission to modify provisions in the...

Health Care

This week, the Sterling Council announced the 2024 Recipients of the prestigious Sterling Award. This year there were two first-time recipients of the Governor’s...

Business

More tourists visited the Sunshine State last year than any year on record. Florida Gov. Ron DeSantis announced the updated figures today. Below is...

Crime

Florida Governor Ron DeSantis approved $4.9 million in the 2024–2025 budget to expand access to emergency beds for victims of human trafficking and provide...