Make us your home page

Federal report shows Florida jobs recovery among the strongest on two fronts

Florida's jobs recovery last year was among the strongest in the country on a couple fronts, according to a U.S. Department of Labor analysis released Friday.

The state's huge drop in its unemployment rate last year was second only to Nevada and it also was among the leaders in growing its labor force participation by one measure.

Florida's unemployment rate fell 1.6 percentage points — from 8.8 percent to 7.2 percent. By comparison, Nevada's jobless rate fell 1.7 percentage points down to a still-stunning 9.8 percent.

A group of state economists has indicated the steep drop in Florida's unemployment rate since 2011 may be overstated, as much of it is tied to a big drop in Floridians participating in the labor force. Nevertheless, one measure of labor force participation, commonly called the employment rate, showed Florida on an upswing.

The state's employment to population ratio, which measures the percentage of the working-age population who have a job, rose a half-percentage point last year to 55.8 percent. That improvement ties with California and trails only Utah, where the ratio rose 1.4 percentage points, the Labor Department reported.

Because of an annual revision process, the government has not yet released state-by-state jobs reports for any months in 2014. Florida's January numbers will be released March 17, followed by its February numbers on March 28.

Federal report shows Florida jobs recovery among the strongest on two fronts 02/28/14 [Last modified: Monday, March 3, 2014 11:23pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. United Airlines CEO to investors: We'll be more focused on customers


    CHICAGO — The CEO of United Airlines assured shareholders Wednesday that the company is doing all it can to be more customer-friendly since video surfaced of a passenger being violently ejected from a plane last month.

    Chicago Police arrest protesters after they sat down in a busy street blocking traffic outside a United Airlines shareholders meeting Wednesday, in downtown Chicago. The people who were arrested were protesting the low pay of employees of companies that provide meals and other services for United Airlines at Chicago's O'Hare Airport.
[Associated Press]
  2. Humana adding 200 telemarketing jobs in Tampa Bay

    Economic Development

    TAMPA — Health insurance company Humana Inc. is hiring more than 200 workers in Tampa Bay. The Louisville, Ky.-based company said Wednesday that the new positions will focus on phone sales for Humana's direct marketing services department.

  3. Tampa Bay home prices still soaring amid tight supply

    Real Estate

    Sales of Tampa Bay homes dropped in April but prices surged yet again as Florida's real estate market continued to be defined by tight supply and high demand.

    The historic Century Oaks estate overlooking Clearwater Harbor has sold for $11.18 million, the most ever paid for a home in the Tampa Bay area. [Courtesy: Coastal Properties Group]
  4. These days, don't hit the theme park without an app and a phone charger


    Emile Crawford stocks two back-up phone battery chargers these days when she takes her kids to Disney World. But she dare not venture into a theme park without a smart phone app, an accessory becoming as necessary as sunscreen in Florida theme parks.

    A wristband visitors will wear at the new Volcano Bay water park in Orlando, Florida. The wristband, called Tapu Tapu, tells you when it's your turn to get on a ride. It also lets you pay for food so you don't have to carry a wallet and opens lockers so you don't have to  carry a key. (Universal via AP)
  5. James Cameron, Zoe Saldana and more appear at Disney's Pandora


    ORLANDO — As he stood on a stage at Disney World Wednesday, director James Cameron revealed his teenage dreams.

    Zoe Saldana tweeted a photo of herself from Wednesday's appearance at a new land in Disney's Animal Kingdom, Pandora -- the World of Avatar. The land is based on James Cameron film, in which she stars. Photo via Twitter.