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Crestview-Ft. Walton Beach-Destin MSA Continues to Have the Lowest Unemployment Rate in Florida

Nov 16, 2012

FOR IMMEDIATE RELEASE: November 16, 2012

CONTACT: DEO Communications, (850) 617-5600, media@deo.myflorida.com

 

 

CRESTVIEW-FT. WALTON BEACH-DESTIN MSA CONTINUES TO HAVE THE LOWEST UNEMPLOYMENT RATE IN FLORIDA

Rate of 5.7 percent leads all regions

 

TALLAHASSEE— The Crestview-Ft. Walton Beach-Destin Metropolitan Statistical Area’s (MSA) October unemployment rate of 5.7 percent is the lowest among the state’s 22 metro areas. The metro area’s October 2012 rate is 1.3 percentage points lower than its year ago rate of 7.0 percent, and is 2.3 percentage points lower than the December 2010 rate of 8.0 percent.

 

Also in October, JobsPlus along with the state’s other 23 Regional Workforce Boards reported 50,423 Floridians were placed in jobs.  An individual who receives employment and training assistance through a One-Stop Career Center and finds a job within 180 days is deemed a placement and may be reported by a regional workforce board. Of these individuals, 15,078 previously received Reemployment Assistance. Since January, more than 337,000 Floridians were placed in jobs, with nearly 85,000 former claimants finding employment.

 

Florida’s seasonally adjusted unemployment rate declined to 8.5 percent in October, the lowest since December 2008.  The October 2012 rate was 1.7 percentage points lower than the year-ago rate of 10.2 percent.  The state also experienced positive over-the-month job growth of 12,100 new private sector jobs. Since December 2010, the state’s unemployment rate has dropped 2.6 percentage points and 174,500 private sector jobs have been created.

 

To view the October 2012 monthly employment data, visit:

www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.

 

The Florida Department of Economic Opportunity combines the state’s economic, workforce and community development efforts. This new approach helps expedite economic development projects to fuel job creation in competitive communities. For more information, including valuable resources for employers and job seekers, please visit www.floridajobs.org.

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