Local Unemployment Rate Drops

October 20, 2018

The latest job numbers released Friday show the employment rate decreasing in Escambia and Santa Rosa counties.

Escambia County’s seasonably adjusted unemployment rate decreased from 3.6 percent in August to 2.9 percent in September.  There were 4,345 people reported unemployed  during the period. One year ago, unemployment in Escambia County was 3.5 percent.

Santa Rosa County’s unemployment rate fell from 3.4 percent in August to 2.7 percent in September. Santa Rosa County had a total of  2,172 persons still unemployed. The year-ago unemployment rate in Santa Rosa County was 4 percent.

Florida’s unemployment rate reached its lowest mark since February 2007, falling 0.2 percentage points in September to 3.5 percent The September estimate represents 358,000 Floridians considered out of work — 17,000 fewer than in August — from a workforce of 10.2 million. Florida remained below the national unemployment rate, which decreased 0.2 percentage points from August to September, putting it at 3.9 percent. Florida was one of nine states reporting a month-to-month drop, according to the U.S. Bureau of Labor Statistics.

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