Florida's unemployment rate held steady in July at 7.1 percent as the
state economy added 27,600 jobs, the Department of Economic Opportunity reported
While the national rate dropped slightly in July to 7.4 percent, the state continues to beat the national average for the fifth month in a row. The state's recovery lagged that of the rest of the nation until March of this year.
Almost all the job gains were in service industries: retail trade added 10,400, professional and business services added 8,200 and leisure and hospitality added 5,900.
Government jobs offset private increases by 6,900, mostly at the local level.
Palm Beach County's unemployment rate bumped up 0.1 percentage points to 7.7 percent. Martin County remained the same at 7.8 percent and St. Lucie regained 0.1 to rise to 10.4 percent. That is the second highest rate behind Hendry County, and tied with Flagler County.
The county rates are not seasonally adjusted, and should not be compared with the state and national figures, which are adjusted for normal seasonal fluctuations. Summer months are the slowest for businesses in Palm Beach County and the Treasure Coast, so employment generally drops.
(c)2013 The Palm Beach Post (West Palm Beach, Fla.)
Visit The Palm Beach Post (West Palm Beach, Fla.) at www.palmbeachpost.com
Distributed by MCT Information Services
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