April unemployment sinks to 7.2%
Governor Rick Scott last week announced Florida’s statewide unemployment rate for April 2013 was 7.2 percent, the lowest rate since September 2008.
Down 0.3 percentage points from March’s rate of 7.5 percent, Florida’s unemployment rate continues to fall below the national average. Over the month, Florida added 16,700 private sectors jobs throughout the state.
Scott said, “Florida’s families are getting back to work and our state’s economy is growing. With 16,700 new private sector jobs added last month and an unemployment rate that continues to decline, Florida is once again below the national average at 7.2 percent.
“Growing jobs is our top priority and this legislative session we eliminated barriers on manufacturers to ensure Florida is a top destination for manufacturing jobs. Just last week we welcomed Hertz to Florida and are excited they have chosen to relocate their corporate headquarters to the Sunshine State.”
Since December 2010, Florida’s statewide unemployment rate has dropped nearly four percentage points, from a rate of 11.1 percent to April’s rate of 7.2 percent. In the same time frame, the national unemployment rate has dropped 1.8 percentage points, demonstrating Florida’s improving economic climate continues to outpace the national recovery.
Florida’s unemployment rate has now declined year-over-year for 30 consecutive months.
Home sales remain robust as the backlog of existing homes on the market is down by 33 percent from March 2012 (Florida Realtors).