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Florida’s jobless rate continued to drop in January - Tampa Bay Times

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As Florida closed in on one year under the pandemic, its unemployment rate dropped in January to 4.8 percent, according to state figures released Monday.

Down less than 1 percent the prior month, the jobless rate was lower than the national unemployment rate of 6.3 percent in January. The state lost about 800 jobs from December 2020 to January.

All of the state’s 10 major industries lost jobs in January compared to the same month last year, with leisure and hospitality shedding the most (284,100 jobs, down 22 percent) because of the pandemic.

Tampa Bay’s unemployment rate was 4.6 percent, up more than 1 percent from December. Hillsborough County’s jobless rate jumped to 4.6 percent from 3.4 percent, Hernando County increased to 5.6 percent from 4.1 percent, Pinellas County rose to 4.4 percent from 3.3 percent and Pasco County jumped to 4.9 percent from 3.6 percent.

Monday’s state figures were released as part of an annual “benchmarking” process that includes revised numbers for the prior year. Because of the “unprecedented economic changes” in 2020 as a result of the pandemic, the U.S. Bureau of Labor Statistics changed its statistical models, which accounts for many of the changes, the Florida Department of Economic Opportunity said.

This story is developing. Check back for updates.

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Florida’s jobless rate continued to drop in January - Tampa Bay Times
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