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Area Unemployment Rate Slips Slightly
June 18, 2018
The Escambia County area unemployment rate was 3.3 percent, down very slightly from 3.4 percent last month, according to the latest numbers announced Friday.
The industry with the highest growth over the year in Pensacola was construction with 1,000 new jobs. The Pensacola area had 4,639 job openings, including 1,154 openings for high-skill, high-wage STEM occupations.
As of May, Florida’s unemployment rate dropped to 3.8 percent, a drop of 7.0 percentage points since December 2010; this drop is faster than the national decline of 5.5 percentage points. In the past year, 124,000 people entered Florida’s labor force, a growth of 1.2 percent, which is greater than the national labor force growth rate of 1.1 percent.
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