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Unemployment Holds Steady Or Improves In Area Counties
March 29, 2010
For the first time in many months, the unemployment rate in the counties in the North Escambia area either held steady or decreased last month. New figures released Friday shows 26,123 unemployed in the three county area.
In Escambia County, Florida, the unemployment rate for January held steady at 11.8 percent. That compares to 9.2 percent out of work a year ago. February’s 11.8 percent unemployment rates represents 16,581 people without a job.
In Santa Rosa County, January’s unemployment rate was 10.0 percent, a slight decrease from 11.0 percent the previous month. It was 8.5 percent one year ago. There were 7,704 people out of a job in February in Santa Rosa County.
In Escambia County, Alabama, the unemployment rate decreased half a percentage point to 13.2 percent in February. It was 13.9 percent the month prior and 12.3 percent a year ago. There were 1,838 unemployed in Escambia County, Alabama.
Florida’s seasonally adjusted unemployment rate for February 2010 is 12.2 percent. This represents 1,126,000 jobless out of a labor force of 9,251,000. The unemployment rate is up 0.2 percentage point from the January revised rate of 12.0 percent, and up 3.0 percentage points from the February 2009 rate of 9.2 percent. February’s unemployment rate is the highest in the recorded series and higher than rates recorded in the 1973-1975 recession. Florida’s unemployment rate remained higher than the national average, which was 9.7 percent in February.
Alabama’s seasonally adjusted unemployment rate, at 11.1 percent in February, remained unchanged from January’s rate of 11.1 percent but was above the year-ago rate of 8.7 percent.
Comments
2 Responses to “Unemployment Holds Steady Or Improves In Area Counties”
From Gulf shores AL to Panama city FL are all tourist areas that increase in employment every year and will decrease in the winter. Its good news that summer is almost here and people are hiring. But these are not your 20 dollar a hour and above jobs. For most people in this area, you blessed if you can find a job over 10 dollars an hour.
This is great news, hope it’s the begining of great news!