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Area Unemployment Rate Slips Slightly
July 21, 2018
The Escambia County area unemployment rate was 3.9 percent, down 0.4 percentage point from one year ago, according to the latest numbers announced Friday.
The industries with the highest growth over the year in Pensacola were construction, and leisure and hospitality each with 1,000 new jobs. The Pensacola area had 4,543 job openings, including 1,180 openings for high-skill, high-wage STEM occupations.
Florida’s unemployment rate remained at a low of 3.8 percent, a drop of 7 percentage points since December 2010; this drop is faster than the national decline of 5.3 percentage points. In the past year, 130,000 people entered Florida’s labor force, a growth of 1.3 percent, which is greater than the national labor force growth rate of 1.2 percent.
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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