Florida unemployment up to 11.8 percent
Florida unemployment continued its sharp climb toward record territory, hitting 11.8 percent in December, according to figures released Friday morning.
The number, up from November's 11.5 percent, is the highest since May 1975, when it was 11.9 percent. It represents nearly 1.1 million jobless out of a labor force of 9.2 million.
Florida's rate of job loss has moderated in recent months, but has still widened the gap with the rest of the country. The national unemployment rate is 10 percent. (story here)
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