Now for the not-so-good news: It's 10.6 percent.
Florida's latest unemployment rate is the lowest since August 2009 when it was at the same level, state economists announced Friday.
The May rate is .2 percentage point down from April's 10.8 percent rate, and .7 percentage point lower than the level in May 2010.
Florida has added 28,000 non-agricultural jobs since April, bringing May's total to 7,238,300.
Miami-Dade and Hernando are among counties with the highest local unemployment rates, at 13.7 percent and 12.9 percent, respectively.
Metro areas in Tampa Bay and Miami posted the highest over-the-year job gains, trailing only Orlando. Since May 2010, jobs in Miami, Miami Beach and Kendall increased by 3,700, or .4 percentage point.
May marks the eighth consecutive month with job growth since Florida began shedding jobs in July 2007, according to the state announcement.
The hospitality and leisure industry gained the most jobs among other industries since May 2010 at 45,100 jobs. Government and construction jobs took the biggest hits. Economists attributed part of theloss of 41,500 government jobs to temporary federal census workers in 2010.
Keep reading the release from the Agency for Workforce Innovation.
The unemployment rate is the lowest in 21 months because people are running out of the benefit..not that they are getting jobs..
They are finding work out of state or just plain ran out of the benefit.
Posted by: Theresa | June 17, 2011 at 05:04 PM
I voted for him for the simple fact that he promised mandatory Drug Screens for Welfare recipients.... Gotta love it……………….
Posted by: Head Hunter | June 22, 2011 at 02:53 PM