Connect with us

Hi, what are you looking for?

Florida News

Florida’s Unemployment Rate Fell to 7.4 Percent in August

On Friday, DEO announced the unemployment rate in the Sunshine State dropped from 11.4 percent in July to 7.4 percent in August as 143,000 Floridians entered the job market. Across the nation, the unemployment rate stood at 8/4 percent last month.

Share Story Via Text or E-Mail

Florida’s unemployment rate drastically lowered in August according to new statistics from the
Department of Economic Opportunity (DEO).

On Friday, DEO announced the unemployment rate in the Sunshine State dropped from 11.4 percent in July to 7.4 percent in August as 143,000 Floridians entered the job market. Across the nation, the unemployment rate stood at 8/4 percent last month.

“Florida’s job creators have faced significant challenges this year, forcing many of them to make difficult strategic decisions; however, today’s employment data reflects their commitment to Florida families,” said Dane Eagle, the new executive director of the Florida Department of Economic Opportunity. “Under Governor DeSantis’ leadership, I look forward to protecting Florida’s business-friendly environment and working with our partners throughout the state to help improve the lives of Floridians, strategically invest in our communities, and transform Florida’s economy for the future.”

Florida lost 1,178,100 jobs from February to April 2020 and has since gained back more than half of the jobs lost: 631,600 jobs. The three industries losing the most jobs from February to April 2020, gained back 448,300 jobs from April to August 2020 with the leisure and hospitality sector regaining 278,500 jobs; professional and business services regaining 73,200 jobs; and education and health services regaining 96,600 jobs.

See also  Gov. DeSantis On Opposite Sides with Some State GOP 

Lafayette County had the state’s lowest unemployment rate last month at 3.4 percent, followed by Liberty County at 4.1 percent, Wakulla County at 4.2 percent, and Baker County, Gilchrist County and Union County which all stood at 4.4 percent each.

Osceola County had the highest unemployment rate in the state at 15.1 percent followed by Orange County at 11.6 percent, Broward County and Polk County which both stood at 9.3 percent each and Lake County at 8.8 percent.

 

Author

  • Florida Daily

    Florida Daily offers news, insights and analysis as we cover the most important issues in the state, from education, to business and politics.

    View all posts
Share Story Via Text or E-Mail
Click to comment

Leave a Reply

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

Follow Us on Social Media

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

Article Archives

Related Stories

Lead

Whether you are a resident of the state of a visitor, drivers crossing into the state will now see new Florida signs that read,...

Florida Politics

This year, Florida Gov. Ron DeSantis vetoed 14 bills proposed or co-sponsored by state GOP lawmakers. Issues from the state budget to local property...

Education

(adsbygoogle = window.adsbygoogle || []).push({}); Florida Governor Ron DeSantis announced the appointment of Dr. Alberto Tano to the Florida International University Board of Trustees....

Economy

Florida Gov. DeSantis vetoed Senate Bill 280, which would have allowed the state to impose stricter regulations on vacation rentals Over the last few...

Florida Politics

Getting your Trinity Audio player ready... Florida Gov. Ron DeSantis signed the following bills: HB 799 – Easements Affecting Real Property Owned by the...

Elections

Getting your Trinity Audio player ready... A poll known for right-leaning sample audiences revealed recent poll numbers that show 80% of voters surveyed said...

Elections

There seems to be some confusion between the Biden Campaign and Florida Democrats regarding their role in Florida’s 2024 election. Puck News reports that...

Florida Politics

Getting your Trinity Audio player ready... Florida Governor Ron DeSantis awarded funds for infrastructure improvements through the Florida Job Growth Grant Fund (JGGF). Awards...