TALLAHASSEE, Fla. - Gov. Rick Scott announced Friday that the statewide unemployment rate for August 2013 dropped to 7.0 percent.
According to the state, this figure is down from 7.1 percent in May, June, and July 2013, and down 4.1 percentage points since December 2010.
Palm Beach County's unemployment rate for August is 7.5 percent, down 1.9 percent from the August 2012 rate of 9.4 percent, and down 0.3 percent from the July 2013 rate, according to information provided today by Workforce Alliance and the Florida Department of Economic Opportunity.
"The unemployment rate for August is about 2 percentage points better than last summer and job growth remains strong – for the second consecutive month, Palm Beach County is among the top five of all 22 metro areas in the state for nonagricultural job growth, gaining 9,500 jobs over the year," said Steve Craig, president and chief executive officer of Workforce Alliance, the nonprofit organization chartered by the state to lead workforce development in Palm Beach County.
Palm Beach County's unemployment rate also has dropped 4.5 percent since the peak unemployment rate in July/August 2010 during the "Great Recession."
The statewide unemployment rate has remained below the national average of 7.3 percent for the sixth consecutive month. Florida has created 365,500 private sector jobs since December 2010.
"Today's announcement is great news for Florida families as the state's unemployment rate dropped to 7.0 percent in August. Since December 2010, the unemployment rate has dropped 4.1 percentage points and Florida has created 365,500 new private sector jobs. This is evidence that our pro-growth and business friendly policies are working," said Scott in a news release.
Florida's unemployment rate has now declined year-over-year for 34 consecutive months.
More Jobs Being Created
Home Sales Robust
Economic Growth Trends Up Across State
Workforce Boards Assisting in Employment
August 2013 monthly employment data: www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.