Following a continual decline over the past several months, Florida's unemployment rate has now dropped to 7.5 percent over the month of March 2013, according to the Tampa Bay Business Journal.
This marks a four and a half year low for the state's unemployment rate which is regularly calculated by the Florida Department of Economic Opportunity. From February to March of 2013, Florida's unemployment rate dropped from 7.8 down to 7.5 percent to reach this record. This outperformed the national unemployment rate which currently sits at 7.7 percent.
This statewide drop in unemployment also has its effects when it comes to jobs in Tampa and surrounding areas as well. Hillsborough, Manatee, Pinellas and Sarasota counties have outperformed the state and national averages, all dipping below 7 percent.
Across Florida, all the major counties experienced a drop in their unemployment rates including...
Hernando – 8.4 percent (down from 9.2 percent)
Hillsborough – 6.6 percent (down from 7.2 percent)
Manatee – 6.7 percent (down from 7.3 percent)
Pasco – 7.5 percent (down at 8.3 percent)
Pinellas – 6.7 percent (down from 7.3 percent)
Polk – 7.6 percent (down from 8.3 percent)
Sarasota – 6.7 percent (down from 7.2 percent)
According to the Tampa Bay Business Journal and the Florida Department of Economic Opportunity.
We'll keep you posted as more news arises regarding Florida's unemployment rate and jobs in Tampa.