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Florida unemployment hit record 12.2 percent in February

Marcia Heroux Pounds
Florida Sun Sentinel [1]
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)

[2]

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. [1]