May 19, 2024

Jobless claims show slight increase

Florida had a slight uptick in initial unemployment claims last week, but the pace remains relatively unchanged since last fall.

The U.S. Department of Labor on Thursday released a report that estimated 5,396 first-time jobless claims were filed last week in Florida, up from a revised count of 5,093 during the week that ended April 22.

Florida has averaged 5,576 claims over the past four weeks.

Since the start of November, following a brief spike in the wake of Hurricane Ian, the weekly average stands at 5,705.

Nationally, 242,000 initial claims were filed last week, up 13,000 from the previous week.

Last week’s national total was slightly above a four-week average of 239,250 claims.

Florida had a 2.6 percent unemployment rate in March, with an estimated 283,000 Floridians out of work from a workforce of 10.92 million people.

The state Department of Economic Opportunity will release an April report on May 19.

Tags: News Service of Florida

Florida Business News

Florida News Releases

Florida Trend Video Pick

FloridaCommerce responds to questions about management of Rebuild Florida program
FloridaCommerce responds to questions about management of Rebuild Florida program

Reporter Jennifer Titus sits down with FloridaCommerce Secretary Alex Kelly and Office of Long-Term Resiliency Director Justin Domer.

 

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.