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Sunday, June 19, 2011

Capital Soup: Florida unemployment marginally improves





TALLAHASSEEFlorida’s seasonally adjusted unemployment rate in May 2011 is 10.6 percent, the lowest since August 2009 when it was also 10.6 percent. 


This is  980,000 jobless out of a labor force of 9,249,000. The state’s unemployment rate is down 0.2 percentage point from the April 2011 rate of 10.8 percent and is 0.7 percentage point lower than the May 2010 rate of 11.3 percent.

The number of jobs in the state is up 24,900 over the (past calendar) year, an increase of 0.3 percent from May 2010.




Gov. Rick Scott promised 700,000 new jobs, but less than 25,000 new jobs have been created since he took office. Scott is using the Republican Party to put out weekly robo-calls and citing his wonderful accomplishments, but fails to provide specifics in the phone messages. 


The state's job performance is hardly impressive. Scott would be lucky to create even 200,000 jobs by the end of his term based on these dismal statistics. 

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