Florida’s seasonally adjusted unemployment rate in July 2011 is 10.7 percent. This represents 987,000 jobless out of a labor force of 9,220,000. The state’s unemployment rate is unchanged from the revised June 2011 rate of 10.7 percent but is 0.8 percentage point lower than the year ago rate of 11.5 percent. The U.S. unemployment rate is 9.1 percent in July.
Florida’s seasonally adjusted total nonagricultural employment in July 2011 is 7,225,800, a decline of 22,100 jobs (-0.3 percent) from June 2011. From January to July 2011, Florida has gained 64,300 jobs.
“Mixed signals from economic indicators during recovery are common,” said AWI Director Cynthia R. Lorenzo. “Fluctuations in rates of unemployment and job growth are typical examples of starts and stops while the economy rebounds and unemployed workers who may have given up looking for work rejoin the workforce. As Governor Scott continues to pursue new jobs for our state, our agency is committed to ensuring job seekers are connecting with job placement and training services that will position them for these opportunities.”
United States and Florida Unemployment Rates (seasonally adjusted)
Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Local Area Unemployment
Statistics Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics.
Florida’s Nonagricultural Employment by Industry (Seasonally Adjusted)
· The number of jobs in Florida is 7,225,800 in July 2011, up 28,100 jobs compared to a year ago. July is the tenth consecutive month with positive annual job growth since the state started losing jobs in July 2007. The industry gaining the most jobs is leisure and hospitality (+41,800 jobs, +4.6 percent).
· Other industries gaining jobs include private education and health services (+23,400 jobs, +2.2 percent); trade, transportation, and utilities (+7,700 jobs, +0.5 percent); professional and business services (+1,600 jobs, +0.2 percent); and other services (+400 jobs, +0.1 percent).
· These industry job gains are partially due to increases in food services and drinking places; ambulatory health care services; food and beverage stores; management/technical consulting services; and membership associations and organizations.
· Industries losing jobs over the year include: construction (-23,000 jobs, -6.5 percent), total government (-16,900 jobs, -1.5 percent), information (-5,200 jobs, -3.9 percent), financial activities (-1,600 jobs, -0.3 percent), and manufacturing (-300 jobs, -0.1 percent).
· These industry job losses are partially due to losses in construction of buildings; federal government which employed temporary census workers last year; telecommunications; insurance carriers and related activities; and miscellaneous manufacturing.
Local Area Unemployment Statistics (Not Seasonally Adjusted)
· In July 2011, Monroe County has the state’s lowest unemployment rate (6.6 percent), followed by Walton County (6.9 percent), Liberty County (7.2 percent), Okaloosa County (7.4 percent), and Franklin County (7.8 percent). Most of the counties with the lowest unemployment rates are those with relatively high proportions of government employment. Others have seasonal increases in tourism-related employment.
· Hendry County has the highest unemployment rate (18.8 percent) in Florida in July 2011, followed by Flagler County (14.7 percent); Indian River and St. Lucie counties (13.8 percent each); and Hernando County (13.7 percent). Seasonal declines in agriculture and layoffs in state government contributed to Hendry County’s high unemployment rate. There are 44 Florida counties with double-digit unemployment rates in July.
Area Nonagricultural Employment (Not Seasonally Adjusted)
· Eleven metro areas of the 22 in the state have over-the-year job gains in July 2011. The areas with the largest gains are Miami-Miami Beach-Kendall (+15,900 jobs, +1.7 percent), Orlando-Kissimmee-Sanford (+10,900 jobs, +1.1 percent), and Tampa-St. Petersburg-Clearwater (+10,800 jobs, +1.0 percent).
· Of the metro areas with job declines, the largest losses are in Palm Bay-Melbourne-Titusville (-5,600 jobs, -2.9 percent), Naples-Marco Island (-2,800 jobs, -2.6 percent); and Lakeland-Winter Haven (-2,400 jobs, -1.3 percent).