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Unemployment Rate Drops Half A Percentage Point In Escambia And Santa Rosa
October 19, 2019
The latest job numbers just released by the state show a half percentage point drop in the unemployment rate in Escambia and Santa Rosa counties.
Escambia County’s unemployment rate dropped from 3.5% in August to 3.0% in July. There were 4,379 people were reported unemployed during the period. One year ago, unemployment in Escambia County was also 3.3 percent.
Santa Rosa County’s unemployment rate decreased from 3.2% in August to 2.7% in September. Santa Rosa County had a total of 2,222 persons still unemployed. The year-ago unemployment rate in Santa Rosa County was 3.0 percent.
Florida’s seasonally adjusted unemployment rate was 3.2 percent in September 2019, down 0.1 percentage point from the August 2019 rate, and down 0.1 percentage point from a year ago. The U.S. unemployment rate was 3.5 percent in September.
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
5 Responses to “Unemployment Rate Drops Half A Percentage Point In Escambia And Santa Rosa”
REGARDING:
“Like so many of the statistics, this type of calculation makes the figures look better!”
Few are completely incapable of working. The statistics are reasonable. Those who would like to work divided into the ones who would like to but aren’t times 100% gives the unemployment rate. What is strange is that a person who would like to be hired as a nuclear physicist but is unable to add two plus two is still counted as unemployed unless he is employed.
David for truth — and four
People not looking for work are not defined as unemployed even if they are capable of working! Like so many of the statistics, this type of calculation makes the figures look better!
Paul,
Do you know how they come up with the number of people that are unemployed?
Unemployment rate does not take into account how many lose their unemployment benefits. Unemployment is measured in order to determine the unemployment rate. The rate is a percentage that is calculated by dividing the number of unemployed individuals by the number of individuals currently employed in the labor force.
The numbers decline because people only draw 3 months unemployment, and after that, those unemployed that exhaust their 3 months, fall from the numbers. They are still unemployed, but no longer have benefits.