Ron DeSantis: Unemployment Rate in Florida Drops to Record Low

The unemployment rate continues to drop in Florida, Gov. Ron DeSantis announced on Friday.

DeSantis that the unemployment rate in Florida stood at 3.0 percent in December, down from 3.1 percent from November and from 3.3 percent at the start of the year thanks to 220,000 Floridians entering the workforce throughout 2019 and more than 198,000 new private sector jobs. The national unemployment rate stood at 3.5 percent in December.

Since DEO started compiling the state unemployment rate in 1976, it never has been below 3.1 percent until now.

“My administration continues to pursue bold priorities for Florida, and our efforts to diversify the economy are yielding results,” DeSantis said on Friday. “I remain laser focused on ensuring Florida is offering a world-class pool of talent to businesses and investing in our students and educators. We continue to prioritize the protection of our natural resources and water quality while also continuously searching for ways to support new and innovative industries which are helping to produce historically low unemployment in our state.”

“Our historic low unemployment is not a coincidence,” said Executive Director of the Florida Department of Economic Opportunity Ken Lawson. “Governor DeSantis understands that diversifying our economy is good for all Floridians and he has advocated for policies that encourage businesses to invest in our state. I am looking forward to the bright future ahead for Floridians as we continue to make smart, strategic investments that benefit Floridians from Pensacola to Key West and everywhere in between.”

Education and health services led Florida with 54,100 new jobs followed by the leisure and hospitality sector with 47,900 new jobs, professional and business services with 35,500 new jobs and construction with 25,500 new jobs.

Monroe County and Miami-Dade County had the state’s lowest unemployment rate with both areas standing at 1.8 percent each, followed by St. Johns County at 2.2 percent and Okaloosa County and Lafayette County at 2.3 percent each.

Hendry County had the highest unemployment rate at 4.6 percent followed by Hardee County at 4.1 percent and Citrus County and Sumter County at 4.0 percent each.

 

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