Florida Unemployment Holds Steady in July
More than one in 10 Florida workers remained out of a job in July, but the state's unemployment rate held steady from June, the Agency of Workforce Innovation reported on Friday.
July's 10.7 percent adjusted unemployment rate was unchanged from June, but 4.4 percentage points higher than July 2008.The July figure is the highest rates in Florida since the state hit 11 percent in October 1975.
Total nonagricultural employment in July 2009 is 7.4 million, a job loss of 401,100. That's down 5.2 percent from July 2008. The state rate exceeded the national jobless figure of 9.4 percent in July.
State labor officials said Friday they continue to take advantage of federal stimulus funds that have added nearly $1 billion in extended and expanded benefits to about 760,000 unemployed Floridians.
Federal funds have been used to pay extended benefits for 89,500 unemployed Floridians. In addition, weekly compensation rates increased by $25, resulting in additional benefits totaling $291 million.
“The Agency for Workforce Innovation continues to infuse federal stimulus funds directly to Floridians and into
our economy through our Offices of Unemployment Compensation, Workforce Services and Early Learning to
help meet critical needs during this extraordinary time,” said Agency Director Cynthia R. Lorenzo.
Unemployment rates varied widely around the state. Jobless levels in Fort Pierce were 19.1 percent in July, when nearly one in five potential employees was looking for work. In Tallahassee, the unemployment rate was 7.9 percent.