Florida Unemployment ties record high listen03/10/10 Seán Kinane
WMNF Drive-Time News Wednesday | Listen to this entire show:
Florida’s unemployment rate in January tied the highest since records began in 1970.
Rebecca Rust, chief economist for the Agency for Workforce Innovation, said it increased to 11.9% from the revised month-ago rate of 11.7%.
Florida’s unemployment is more than two points higher than the nationwide rate of 9.7%. Rust says that translates to more than a million Floridians out of work.
“It’s 1,100,000 unemployed Floridians out of a labor force of 9,231,000 for January 2010.”
Florida's unemployment rate is the 7th highest in the nation, after five states and the District of Columbia. Rust says that within the state, the Tampa region, which lost over 41,000 jobs, trails only Miami, which lost 92,000 jobs.
Based on last month’s economic estimating conference, Rust says the revised financial outlook is an improved economy in Florida.
Some temporary relief might be in sight beginning in April when the Census hires full-time and part-time workers.