Area Unemployment Rate Declines

March 26, 2018

The Escambia County area unemployment rate in the latest jobs numbers was 3.8 percent, down just over half a percentage point from a year ago.

“I am proud to announce that Pensacola businesses have created 2,000 new jobs over the year and that the unemployment rate continues to drop. Over the past seven years, we have worked hard to turnaround our economy, and today’s announcement shows Florida is on track to becoming the best place in the world for families and businesses to succeed,” Gov. Rick Scott said.

The industry with the highest growth over the year in Pensacola was leisure and hospitality with 1,200 new jobs. The Escambia County area had 4,717 job openings, including 1,366 openings for high-skill, high-wage STEM occupations.

As of February, Florida’s unemployment rate is at 3.9 percent, a drop of 6.9 percentage points since December 2010; this drop is faster than the national decline of 5.2 percentage points.

The jobless numbers released by the state do not include persons that have given up on finding a job and are no longer reported as unemployed.

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Written by William Reynolds · Filed Under News