Florida unemployment rate holds steady at 3.7%
TALLAHASSEE — Florida’s unemployment rate remained at 3.7% in June, while private-sector jobs were down 21,000 from May, according to a report released Friday by the state Department of Commerce.
The state estimated 415,000 Floridians qualified as unemployed in June, up 1,000 from May. Meanwhile, the workforce of 11.193 million shrank by 7,000 in the same time. The unemployment rate also was 3.7% in April and May, after inching up earlier in the year.
The lowest unemployment rate in June remained in the Miami-Fort Lauderdale-West Palm Beach metropolitan statistical area at 3.2%, up from 3.1% in May. Within that region, the rate in the Miami-Miami-Beach-Kendall area was at 2.4%.
Jimmy Heckman, the Department of Commerce’s chief of workforce statistics and economic research, said it’s “too soon to tell” the reason for the first decline in jobs since October, when Florida was coming off back-to-back hits from Hurricane Helene and Hurricane Milton.
“It is important to keep in mind that this is one month coming off the heels of some really strong job reports for a few months before this,” Heckman told reporters in a conference call. “And for most of the sectors that lost jobs this month, it was the first month that we had seen those sectors lose jobs in quite a while.”