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Hiring improves but pace still slow in Florida

The hiring front remains a frustrating place to be in Florida.

New numbers show unemployment inching down statewide, and definite signs of life from hiring managers as payrolls continue to expand in South Florida. But the pace mostly remains sluggish, without the big burst of new jobs needed to make a dent in unemployment rates that remain near historic highs.

Broward’s unemployment rate dropped from 8.3 percent in January to 7.9 percent in February, bringing it below the 8 percent mark for the first time since January 2009. The numbers that determine the rate also were encouraging: Broward’s employment rolls increased, as did the number of job seekers.

However, those are raw numbers and don’t adjust for the economy’s natural seasonal expansion in February.

Read more, from Doug Hanks' story, here