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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.


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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