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Florida unemployment hit record 12.2 percent in February

Posted By admin On March 26, 2010 @ 9:33 am In Money Watch | Comments Disabled

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.

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Florida unemployment hit record 12.2 percent in February 040310banner3 [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]


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URLs in this post:

[1] Florida Sun Sentinel: http://www.sun-sentinel.com/business/fl-unemployment-february-20100326,0,4358873.story

[2] Image: http://purewaterfreedom.com/

[3] Nevada Maintained Record-High, Nation-Leading Unemployment of 14.4 Percent in September, Says Labor Department: http://www.prisonplanet.com/nevada-maintained-record-high-nation-leading-unemployment-of-14-4-percent-in-september-says-labor-department.html

[4] Ron Paul: Unemployment rate is ‘probably closer to 20 percent’: http://www.prisonplanet.com/ron-paul-unemployment-rate-is-%e2%80%98probably-closer-to-20-percent%e2%80%99.html

[5] U.S. unemployment hits record but job losses slow: http://www.prisonplanet.com/us-unemployment-hits-record-but-job-losses-slow.html

[6] Real Unemployment Rate 14.6 Percent in October: http://www.prisonplanet.com/real-unemployment-rate-14-6-percent-in-october.html

[7] 22 Percent of Florida Mortgages Non-Current: http://www.prisonplanet.com/22-percent-of-florida-mortgages-non-current.html

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