Posted May 07, 2019 09:08:38 The Florida unemployment rate has been dropping.
But it’s not stopping.
A new survey from the Orlando-based Economic Research Service shows that the jobless rate for young people is up 7.6 percentage points.
That’s up from a 5.2 percentage point increase from a month ago.
And, more importantly, the number of people 16-24 who are jobless is up 8.1 percentage points, up from 6.9 percent a month earlier.
This is the second consecutive month that the unemployment rate for younger workers has jumped.
That was February.
That number also jumped by a higher percentage for young workers than the past two years combined.
So, that means that, as we saw with the job loss in February, young people are now more likely to be jobless, even as the number who are unemployed has fallen.
That doesn’t bode well for the unemployment rates for older workers.
This time, the percentage of jobless people in Florida has fallen 7 percentage points from February, to 6.7 percent.
The number of jobseekers has also fallen 6 percentage points since last month.
And in February it was a record low for the year.
The ERS survey asked, in the first two months of 2018, “Do you consider yourself a jobless person?”
More than half of job seekers said they were.
The jobless number has fallen slightly in the past month.
However, that hasn’t slowed the recovery for the economy as a whole.
More than 80,000 people, or 7.5 percent of the workforce, are now working full-time.
That means that a lot of people who were discouraged from looking for work are now getting back to work.
And the job market is looking much better than it did last summer.
In the month of March, the unemployment percentage in Florida dropped to 5.7%, the lowest since February, when it was 5.9%.
And the unemployment ratio in February was at a record high of 12.4%, the highest since January, when the state had its highest unemployment rate since February.
It’s looking like that record low unemployment is about to get even lower.
The Florida Labor Department will release its final unemployment rate in the coming days.
The agency has been looking at the job numbers for the past couple of weeks and said that the overall job market for young and old in Florida is now looking much stronger than it was two years ago.
