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A state official said workers are remaining at jobs longer than they did a few years ago.
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The estimated 295,000 Floridians out of work in mid-July is an increase of around 5,000 from the previous month.
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Despite plenty of dire forecasts for the economy this year, there has been no recession. And Florida’s economy has been a growing bright spot. Yet, inflation remains stubbornly higher than the rest of the nation.
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Florida's unemployment rate has remained at 2.6 percent since January, according to the state Department of Economic Opportunity.
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The unemployment rate dropped to 2.5% in December, down from 2.6% in November.
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The November rate of 2.6% was down from 2.7% in October. An estimated 280,000 Floridians qualified as unemployed in November.
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October's jobless rate was 2.7%, up from a historic low of 2.5% in September.
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Between September 2021 and September 2022, Florida’s labor force grew by 316,000, or 3%.
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That's down from 3.2% in March. Gov. DeSantis said Florida picked up about 57,000 private-sector jobs last month.
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Money for the program came from $1.4 billion allocated to Florida by the U.S. Department of the Treasury last year.
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He warned that the Biden administration "plunges this country into a recession."
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The report shows many people are leaving their jobs – confident they’ll find work somewhere else.