unemployment

The percentage of working poor in the agency's North Florida serving area is still an alarming figure.

The proposed cuts could trigger around 33,000 layoffs and a $3 billion economic downturn in Florida, according to research published by the Commonwealth Fund.

The unemployment rate of 2.7% is unchanged from July. It means an estimated 293,000 Floridians were out of work last month.

Florida’s unemployment rate dipped to 2.7 percent in July, matching the level before the COVID-19 pandemic slammed into the economy in early 2020, state officials announced Friday.

Florida’s employment picture continues to brighten, while the state jobs agency envisions conditions slowing to a more “stable” pace over the next two years.

First-time unemployment claims in Florida rolled in last month at a pace similar to the period before the coronavirus pandemic pounded the economy.

Unemployment continues to slowly improve in Florida as the state gets closer to regaining the number of jobs lost when the COVID-19 pandemic caused business closures and layoffs last year.

Some businesses are struggling to find employees and those employees are demanding better working conditions. The clash is especially obvious in college towns where businesses rely on student labor. Business owners and local politicians expected a meaningful boost to the economy after students returned to campus this fall. But some industries that were popular with students before the pandemic, have fallen out of favor.

The Department of Economic Opportunity (DEO) says of the jobs initially lost during the pandemic, nearly 80% have been recovered. In addition, the agency's Deputy Secretary Adrienne Johnston says there are more people in the labor force now than in February of last year. But Rep. Anna Eskamani (D-Orlando) says issues remain with the state's unemployment assistance system.

Gov. Ron DeSantis says he anticipates “pretty good” July unemployment numbers, as a federal report Thursday showed that first-time jobless claims last week in Florida were at a level not seen since before the coronavirus pandemic.