Friday, October 16, 2009

Florida's Jobless Rate Spikes to 11%

According to the Jacksonville Observer, the unemployment rate in Florida has now breached the 11% mark.

It is the highest unemployment rate for the sunshine state since 1975, and it's up over 4 percentage points in the one year since September 2008.

Fort Walton Beach, Gainesville and Tallahassee – regions known for government, education and military employment – had the lowest unemployment rates, all less than 7.5 percent.

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