Florida jobless rate unchanged at 3.1% in February, metro Orlando up slightly
TALLAHASSEE — Florida’s unemployment rate held at 3.1 percent in February for the third consecutive month, even as job losses were posted in many industry sectors.
The unemployment rate for the Orlando-Kissimmee-Sanford metropolitan statistical area rose to 3.2 percent from 3.1 percent in January.
The Miami-Fort Lauderdale-West Palm Beach area had the state’s lowest unemployment rate at 2.5 percent. Other rates included the Tampa-St. Petersburg-Clearwater and Jacksonville areas at 3.3 percent and the Pensacola-Ferry Pass-Brent area at 3.4 percent. The Homosassa Springs area had the highest rate at 5.2 percent, while The Villages was at 5.1 percent.
The unemployment rate in the state held as a growing labor force continues to counter the number of people who are out of work.
The Florida Department of Commerce on Friday estimated 345,000 Floridians qualified as unemployed in February, up 5,000 from January and up 44,000 from February 2023. Meanwhile, the labor force totaled 11.089 million in February, an increase of 12,000 from January and up 217,000 from a year earlier.