
Florida's May Unemployment Rate Ticks Down Again
Florida's unemployment rate dropped slightly again in May, falling 0.2 percentage points to 10.6 percent overall, according to numbers released Friday by the state Agency for Workforce Innovation. It's the Sunshine State's lowest unemployment rate since August 2009, when the jobless rate was also 10.6 percent.
The year-over-year decline in the jobless rate is 0.7 percent, and there are 980,000 unemployed workers out of a total work force in the state of 9.25 million. There were 28,000 nonagricultural jobs added in May.
"Today's announcement that unemployment continues to drop and businesses continue to add thousands of jobs shows that Florida's economy is moving in the right direction," said AWI director Cynthia Lorenzo.
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