Florida's unemployment rate rises again |
Florida's unemployment rate increased to 4.5% in January, a rise of 0.2% from December, according to data from the Department of Commerce. The state added 23,800 private sector jobs, but the annual trend shows a loss of 9,000 jobs. While sectors like education and health services saw growth, financial activities lost 9,200 jobs, and construction shed 8,800 positions. Governor Ron DeSantis emphasized the importance of competition among states for business, stating: "We've shown a great framework for how you can succeed and really grow your economies." Meanwhile, Senator Rick Scott expressed concern over the job losses, stating: "Florida shouldn't be losing so many jobs." The report indicates that 499,000 people are unemployed in a labor force of 11.12m, with the jobless rate now 1% higher than a year ago.