Florida has been hovering a bit over the National Unemployment average for some time now, but has appeared to be steadying, up only 0.1 percent since October. At 11.12 percent, there are just over 1 million Floridians without work out of the 9.175 million labor force according to reports from the Florida Agency for Workforce Innovation.
Florida’s unemployment rate has fluctuated only 0.1 percent since October, leaving 1 million Florida residents out of the 9.175 remained relatively steady, up a notch to 11.2 percent in October from 11.1 percent the month before.
Industries that suffered most were trade, utilities, and construction, transportation and professional and business services. Health Care on the other hand, continues to be a source of growth both in Florida and the Nation at wide.
Even with the stimulus plan creating more health care related jobs, October marks the highest rate of unemployment since June 1975. The relative stability of the unemployment rate; however, presents hope despite such dire figures.
“This rate indicates that Florida’s families and businesses are still facing challenges, while fewer job losses reveal slight improvement in the economic climate,” said Agency for Workforce Innovation Director Cynthia R. Lorenzo in a news release.
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