Written by Lourdes Saenz
Director of Communications,
The Department of Economic Opportunity has released the Labor Market Information for the month of March 2018. The national unemployment rate remained unchanged at 4.1 percent, as it has been for the sixth consecutive month. Nationally, non-farm employment increased slightly in three states, decreased in one and remained essentially unchanged in the rest which keeps figures as they were at the end of 2017.
Florida’s Unemployment Rate
Florida’s unemployment rate also remained unchanged at 3.9, a figure that has been stable since the ending months of 2017; the figure however is down 0.5% from a year ago. There were 400,000 jobless Floridians out of a labor force of 10,193,000.
Florida’s seasonally adjusted total non-agricultural employment was 8,716,800 in March 2018, an increase of 10,500 jobs (+0.1 percent) over the month. The state gained 150,900 jobs over the year, an increase of 1.8 percent. Nationally, the number of jobs rose 1.5 percent over the year. Prior to September 2017, Florida’s over-the-year job growth rate had exceeded or equaled the nation’s rate since May 2012.
Polk County Nonagricultural Employment
The unemployment rate in Polk County was 4.1 percent in March 2018. This rate was lower if compared to the county's year ago rate of 4.6 percent.
To view an interactive graph of Florida's total nonagricultural employment, Click here
For a complete LMI report please visit: Click here
5/4/2018 07:34:15 am
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