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Su mentioned the Biden administration must still address issues like the cost of housing, gas and groceries.
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A new quarterly report on Florida’s economy shows the Sunshine State is still in a major economic storm, but doing better than previous years.
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The state Department of Commerce on Friday released a report that estimated a 3.3 percent jobless rate, representing 361,000 Floridians qualified as unemployed in mid-April. The number of unemployed people was up by 8,000 from March. Meanwhile, the labor force totaled 11.095 million in April, down 2,000 people from a month earlier.
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Tallahassee businesses are among those getting creative in recruiting and developing talent, thanks in part to Apprentice Florida.
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The Florida Department of Economic Opportunity will release new workforce data on October 20. Anca Voicu, professor at Rollins College, says the current job market favors workers.
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Bureau of Labor Statistics figures show that Hispanic or Latino unemployment was 9.3% in December 2020, President Donald Trump’s last full month in office. That rate fell from 8.5% in January 2021, the month Joe Biden was sworn in, to 4.9% in August 2023.
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Our soaring economy may be leaving some Floridians behind.
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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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As construction jobs showed an uptick for the first time in 2023, Florida's near-historic low unemployment rate remained unchanged in June.
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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.