Unemployment Rate Drops

April 22, 2017

Governor Rick Scott announced Friday that the Pensacola area added 3,800 new private-sector jobs over the year in March. The area’s unemployment rate was 4.2 percent, down 0.5 percentage point from a year ago. In the last year, Florida businesses created 233,800 new jobs, bringing the total number of new jobs added since December 2010 to 1,353,000.

Governor Scott said, “I am proud to announce that Pensacola businesses created nearly 4,000 jobs for families in Northwest Florida over the past year. We will continue fighting to support business growth all across our state so every Floridian will have the opportunity they need to find a great job.”

The industries with the largest job gains in Pensacola over the year were leisure and hospitality with 1,700 new jobs and trade, transportation and utilities with 1,100 new jobs. The Pensacola area had 4,733 job openings in March, including 1,437 openings for high-skill, high-wage STEM occupations.

Statewide, Florida businesses created 60,600 new jobs in first quarter of 2017 and the unemployment rate dropped to 4.8 percent. For the fifth consecutive year, Florida’s annual job growth rate of 3.2 percent is exceeding the nation’s rate of 1.7 percent. More than 26,844 Floridians were placed in jobs by CareerSource Escarosa and the state’s other 23 regional workforce boards.

Comments

5 Responses to “Unemployment Rate Drops”

  1. David Huie Green on April 22nd, 2017 11:59 pm

    REGARDING:
    “I’ll bet the governor has never had a job (and been just over broke) in his life

    “Born in Bloomington, Illinois, he was raised in North Kansas City, Missouri, the second of five children in a lower middle-class, financially struggling family. His mother, Esther J., worked as a clerk at J.C. Penney, among other jobs. His parents divorced and, in 1954, his mother married Orba Scott, Jr., a truck driver.”

    That isn’t swimming in riches.

    “enlisted in the United States Navy, also in 1970.
    Scott was in the U.S. Navy for 29 months as a radar technician.
    Scott made his first foray into business while working his way through college and law school, initially buying and reviving a failing donut shop,”

    So, yeah, he has done assorted real jobs, risked failure (and jail perhaps)

    David for Wikipedia
    for life’s little questions

  2. anne 1of2 on April 22nd, 2017 8:04 pm

    I’ll bet the governor has never had a job (and been just over broke) in his life. Careers, yes. What is the count on those who have given up looking for work? Those numbers need to be counted.

  3. David Huie Green on April 22nd, 2017 8:02 pm

    REGARDING
    “If you have run out of unemployment benefits you are said to be “no longer looking for work” and you don’t count as unemployed.”

    Nope.
    If you are not working and seeking employment, you are counted as being unemployed.

    AND
    “If you take a part time minimum wage job even though you are skilled and need full time work you are just as employed as a full time skilled worker.”

    Yep.
    If you are employed, you are not counted as unemployed, even if you would prefer a better job — like being a brain surgeon or movie star.

    David for being a runway model
    and other unlikely promotions

  4. Don Neese on April 22nd, 2017 12:42 pm

    Almost Weekly I am asked by a business owner “do you know anyone over 50 that needs a job?”
    Finding an employee today who doesn’t think his/her employer should work around their schedule is a rarity.
    During the depression men moved to logging camps just so they could eat.

    I’m afraid we’re all a bit spoiled today, including me!!!

  5. Not Convinced on April 22nd, 2017 8:23 am

    The fact is that the real unemployment rate is near depression levels and these numbers are at best misleading. If you have run out of unemployment benefits you are said to be “no longer looking for work” and you don’t count as unemployed. If you take a part time minimum wage job even though you are skilled and need full time work you are just as employed as a full time skilled worker.
    Unemployment always goes down as an economic bubble inflates. Central banks around the world are buying assets at the tune of $6 trillion/year using fiat currency. Interest rates have been kept artificially low to allow reelection and avoid the pain that will inevitably come. With low interest rates also comes pension fund insolvency. This is a house of cards and Trump should have acknowledged that fact when he took office; now he owns it.