WUFT News

Jobless rate drops to 8.5 percent, lowest in four years

By on November 16th, 2012

Florida labor officials say the state’s unemployment dropped to its lowest mark in nearly four years in October with 8.5 percent of the workforce still hunting for jobs.

Although the figure is an improvement from September’s 8.7 percent unemployment in Florida, it remains higher than the 7.9 percent national average.

In Alachua County, the unemployment rate is 6.2 percent, according to data from the Florida Department of Economic Opportunity. Marion County’s rate hovered above the state’s average at 9.1 percent. Putnam County had the state’s fourth-highest rate at 10.3 percent unemployment. Hendry County, located in southwest Florida, had the state’s highest mark with 12.6 percent unemployed.

Last month’s state unemployment rate was 1.7 percentage points lower than the October 2011 rate. October 2012 claimed the lowest mark since December 2008, when it was 8.2 percent.

Across the state, 14,700 jobs were added last month. Florida has added jobs for the 13 of the last 16 months, according to data from the state.

Unemployment and job creation were a major part of the debate between President Barack Obama and Republican presidential candidate Mitt Romney, who promised to create 12 million new jobs if elected. Gov. Rick Scott has been quick to boast of improvements in the state’s unemployment numbers to the chagrin of Republicans anxious to blame Obama for high unemployment.

Florida’s October 2012 annual rate of job growth increased 0.9 percent, which is slower than the national job growth rate, which is 1.5 percent, according to data from the state.

Information from the Associated Press was used in this report.


This entry was posted in Florida and tagged , , , , , . Bookmark the permalink.
 

More Stories in Florida

Program Gives Foster Youths Chance For More Normal Life

A recent pilot program is making it easier for young people in foster care to earn a driver’s license and insurance for them to achieve a more normal life.


Police Identify Shooter as FSU Alumnus

The gunman who shot three people at Florida State University’s library early Thursday before being killed by police was a lawyer who graduated from the school, a law enforcement official told The Associated Press.


Undated arrest photo of Chadwick Banks.

Chadwick Banks Executed By Lethal Injection For Double-Murder

Chadwick Banks became the 20th person executed under Gov. Rick Scott on Thursday. The 43-year-old was put to death after being convicted in the 1992 slaying of his wife, Cassandra Banks, as well as the rape and murder of his 10-year-old stepdaughter, Melody Cooper. Eighty-nine people have been put to death in Florida since executions resumed in the state in 1979.


Pastor Zach Zehnder of theCross Church in Mount Dora speaks to the crowd in an attempt to break the Guinness World Record for world’s longest speech marathon. Zehnder ultimately spoke for more than 53 hours.

Mount Dora Pastor Attempts To Break Guinness World Record For Longest Speech

A Mount Dora pastor may have broken the Guinness World Record for the Longest Speech Marathon. The speech, which lasted over 53 hours, was used to raise money for a local cause.


(From left) Mitch Holeve celebrates Garrett "G-Money" Holeve's victory against David "Cerebral Assassin" on Saturday night. G-Money won by submission.

MMA Fighter G-Money Victorious Over Cerebral Assassin

Mixed martial artists Garrett “G-Money” Holeve and David “Cerebral Assasin” Steffan fought on Saturday in Sullivan, Missouri. G-Money defeated his opponent in their much anticipated bout by submission in the second round.


Thank you for your support

WUFT depends on the support of our community — people like you — to help us continue to provide quality programming to North Central Florida.
Become a Sustainer
I want to support FM 89.1/NPR
I want to support Florida's 5/PBS
Donate a Vehicle
Day Sponsorship Payments
Underwriting Payments