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Florida unemployment in May falls to 7.1 percent

Fresh off a business trip to Paris, Gov. Rick Scott announced that unemployment fell slightly in May to 7.1 percent.

From today's story:

Gov. Rick Scott announced through a brief YouTube video Friday morning that Florida's unemployment rate has dropped to 7.1 percent in May, the lowest level since September 2008.

In April, the state's rate was 7.2 percent.

The state's job creation machine stalled, however, with the Florida labor force losing 6,200 jobs between April and May. The state is still up 122,500 jobs, or up 1.7 percent, compared to year-ago levels.

It's not unusual to have a disconnect between the unemployment rate and job creation numbers since they're drawn from two different monthly surveys. A household survey is used for calculating the jobless rate while employers are quizzed about the number of jobs added and lost every month.

Read more here.

 

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jaron kadek

The state government misplaces millions with regularity, but we are to believe that they can somehow keenly calculate to the tenth of a percentage point the exact unemployment rate. They are reputed to do this perfectly, every month, on time...

Oh For Goodness Sake! There is no one to check these numbers, no one to ask how or why. they just throw them out and head to the house. That is the way it works. These numbers mean absolutely nothing.

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