Unemployment Dips to 8.6 Percent in Florida

Floridas unemployment ticked down to 8.6 percent in May, down 0.01 percent from a month earlier, and 2 full points from a year earlier, according to the state Department of Economic Opportunity.

The release also noted that for the first time since January 2009, the estimated number of unemployed dropped below 800,000.

"It is clear that the work we have done to lower the cost of doing business in our state by cutting taxes and reducing regulation is giving the private sector the confidence it needs to expand, grow and add jobs," Gov. Rick Scott stated in a release. "Florida's continued steady decline in unemployment shows that Florida is on the right track. I remain committed to growing private-sector jobs in our state by making Florida the No. 1 place for business so that every Floridian can have the opportunity for a job."

More to come.