Florida Continues to Lead the Nation in the Largest Drop in its Unemployment Rate

By: WCTV Email

Updated: Sat 7:33 PM, Oct 27, 2012

Tallahassee, FL - October 27, 2012

With another month of a declining unemployment rate, Florida continues to lead the nation in the largest drop in its unemployment rate since December 2010 at 2.4 percent (seasonally adjusted). Florida’s unemployment rate has now declined over the year for 22 consecutive months.

“The changes we’re making in our state are creating an environment that fosters job creation and economic development,” said Governor Rick Scott. “We have more work to do, but we are headed in the right direction of ensuring that our state can globally compete and that we have the nation’s most skilled and talented workforce.”

This continues a trend of positive indicators in the state’s improving economy. Florida’s unemployment rate declined to 8.7 percent for the month of September with 3,500 new private sector jobs created.

The September 2012 rate was 1.7 percentage points lower than the year-ago rate of 10.4 percent. Florida has experienced positive annual job growth now for 26 consecutive months, and the job growth month-to-month has been positive for 12 of the last 15 months.

Florida job postings increased sharply in September 2012 compared to the previous September by 35,277 (an increase of 15.1 percent), for a total of 268,575 openings (seasonally adjusted). Additionally, the state’s 24 Regional Workforce Boards reported a record of more than 52,983 Floridians placed in jobs during the month.

South Georgia Couple Found Dead in Their Home

Comments are posted from viewers like you and do not always reflect the views of this station.

Commenting Policy

Comments are posted from viewers like you and do not always reflect the views of this station.

For more on WCTV’s policy regarding viewer comments or to report an offensive comment, click here.

Today's Events

Saturday May 25

Click Here to Submit and View Events

Tweets by @WCTV