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Unemployment Rate Falls to 8%

January 18th, 2013 by flanews

Florida’s unemployment rate is at a four year low, despite the state having lost jobs last month.

Fifteen thousand jobs were eliminated from November to December. But since the official unemployment rate doesn’t include people who’ve stopped looking for work or are underemployed, the rate still fell. Looking at the data year-to-year shows the state still up by 55-thousand jobs in 2012. In a prepared statement, the new Director of the Department of Economic Opportunity told us, Scott’s job’s plan is working.

“Florida’s unemployment rate has dropped more than three points since Governor Scott took office and the rate has dropped year over year for 25 consecutive months. The bottom line is that under Scott, Florida’s trend in decreasing unemployment continues,” said Panuccio.

When Scott took office the state jobless rate was 11 percent, with a million people looking for work. The latest count shows about 750-thousand people are job hunting.

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