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Florida jobs report out, Scott ‘ecnouraged’ by numbers as opposed to national trend

Florida’s unemployment rate remained flat last month as the national economy hit what state economist Rebecca Rust called a “soft spot” brought on by rising gas prices and natural disasters. # Employment rates actually fell across the state, but the statistical measure of unemployment remained unchanged due to seasonal adjustments, which are intend to allow number crunchers to get a read on economic trends that aren’t obscured by events that typically happen in June, such as layoffs in education and agriculture. # Gov.

Jul 31, 2020
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Florida’s unemployment rate remained flat last monthas the national economy hit what state economist Rebecca Rust called a “soft spot” brought on by rising gas prices and natural disasters. #
Employment rates actually fell across the state, but the statistical measure of unemployment remained unchanged due to seasonal adjustments, which are intend to allow number crunchers to get a read on economic trends that aren’t obscured by events that typically happen in June, such as layoffs in education and agriculture. #
Gov. Rick Scott, who has been on vacation in Montana, issued a statement noting that the job market has added jobs over the year: #
Today I learned that since January, Florida has added 85,500 new jobs, 4,300 of which were added in June. This is great news for Floridians. #
I am encouraged that Florida is still bucking the national trend in unemployment. We maintained a steady unemployment rate from May to June while the national unemployment rate continued to climb. #
Ultimately, my goal is to make sure every Floridian has the opportunity for a job. This won’t happen overnight, but we’re off to a great start. We’ve begun transitioning our workforce to the private sector, streamlining government functions and leading our state in the right direction. #
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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