Escambia Unemployment Rate Falls

July 24, 2017

Governor Rick Scott announced that Pensacola added 3,200 new private-sector jobs in the last year. The area’s unemployment rate was 4.3 percent, down 0.8 percentage point from a year ago. Statewide, Florida businesses created 17,800 new jobs in June and the unemployment rate dropped to 4.1 percent, the lowest rate since June 2007. Since December 2010, Florida businesses have created 1,397,400 new private-sector jobs.

Governor Scott said, “I am proud to announce that Pensacola added more than 3,000 new jobs over the past year and that Florida’s unemployment rate has dropped to the lowest rate in a decade. The newly established $85 million Florida Job Growth Grant Fund will help continue the economic success across the state, and I encourage Northwest Florida communities and businesses to learn more about the opportunities available through this fund today.”

The industry with the highest growth over the year in Pensacola was leisure and hospitality with 1,700 new jobs. The Pensacola area had 5,547 job openings in June, including 1,800 openings for high-skill, high-wage STEM occupations.

For 63 consecutive months, Florida’s annual job growth rate of 3.1 percent is exceeding the nation’s rate of 1.7 percent. In June, 22,977 Floridians were placed in jobs by CareerSource Escarosa and the state’s other 23 local workforce boards.

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Written by William Reynolds · Filed Under News