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Florida unemployment hit record 12.2 percent in February

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Marcia Heroux Pounds
Florida Sun Sentinel
Friday, March 26, 2010

Florida’s unemployment hit 12.2 percent in February, the highest rate on record, soaring past even the rates recorded in the 1973-1975 recession, the state work force agency said Friday.

February’s rate rose a 0.2 percentage point from the January revised rate of 12 percent. More than 1.26 million people are out of work in the state.

(ARTICLE CONTINUES BELOW)

Florida unemployment hit record 12.2 percent in February 040310banner3

In South Florida, the unemployment rate remained nearly level in February with a month earlier, with Broward County at 10.8 percent compared with a revised 10.9 percent for January; Palm Beach County at 12.4 percent compared with a revised 12.5 percent; and Miami-Dade County at 11.2 percent, up from a revised 11.0 percent in January.

Unemployment in all three counties is still up significantly from the same month a year earlier, when the rates ranged from 8.0 percent to 8.3 percent.

Full story here.

This article was posted: Friday, March 26, 2010 at 9:33 am





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