Florida’s unemployment rate holds steady at 5%

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Florida’s unemployment rate held steady at 5 percent in February.

This marks the second month in a row the state’s unemployment rate has been at 5 percent, and mirrors the unemployment rate the state experienced in the first two months of 2016, according to the Florida Department of Economic Opportunity.

The state added 239,800 jobs private sector jobs year-over-year in February. According to the DEO, the professional and business services industry added the most jobs — 43,000, or 3.4 percent increase — during the one-year period.

“I am proud to announce that Florida’s private-sector businesses have created nearly 54,000 new jobs in 2017,” said Gov. Rick Scott in a statement Friday. “Over the past six years, we have been relentless in our efforts to make Florida the most business-friendly state in the nation because a job is the most important thing to a family.”

The agency reported trade, transportation, and utilities added 42,000 jobs, or a 2.5 percent increase; education and health services added 40,500 jobs, or a 3.3 percent increase; and the leisure and hospitality industry added 40,300 jobs, or a 3.5 percent increase, during the same one- year period.

The Orlando region continued to lead the state in year-over-year job gains, adding 50,900 jobs between February 2016 and February 2017. The Tampa Bay region added 36,100 jobs during the one-year period, followed by Jacksonville with 25,900 jobs.

Staff Reports



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