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Area Unemployment Rate Declines
May 19, 2018
The Escambia County area unemployment rate was 3.3 percent, down 0.5 percentage point from one year ago, according to the latest numbers announced Friday.
The industry with the highest growth over the year in Pensacola was leisure and hospitality with 1,100 new jobs. The Pensacola area had 5,110 job openings, including 1,291 openings for high-skill, high-wage STEM occupations.
Florida’s jobless rate continues to stand at 3.9 percent, where it’s been since the end of 2017, according to the state Department of Economic Opportunity. With the state rate holding steady, it is now matched by the national unemployment rate, which hit 3.9 percent as May began after standing at 4.1 percent since October. The reduction in the national rate has been seen as a sign that the employment market has become even more competitive. I
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.
Comments
2 Responses to “Area Unemployment Rate Declines”
REGARDING:
“there should not be anyone willing and able to work not having employment. Work is work!”
Not really. Just because you are willing and able to skin a possum does not automatically mean you are willing and able to be a heart surgeon.
“The Pensacola area had 5,110 job openings, including 1,291 openings for high-skill, high-wage STEM occupations.”
STEM is science, technology, engineering and math. Some folks can’t fill those jobs.
As to the other jobs, sometimes a job in food service may only be for three hours per day and many miles away. If a worker can’t make it to the job or earn enough to cover the expenses of going, there is no good reason to do it.
I don’t know how often this is the case, but it is possible.
David for better matching
According to this release, there should not be anyone willing and able to work not having employment. Work is work!