Florida Jobs Take a Tumble in October

Florida’s Agency for Workforce Innovation has announced that state’s seasonally adjusted unemployment rate for October 2008 at 7.0 percent. This represents 655,000 jobless out of a labor force of 9,361,000. The unemployment rate is 0.4 percentage point higher than the September rate of 6.6 percent and is up 2.7 percentage points from the October 2007 rate.

Florida’s October 2008 unemployment rate is the highest since December 1993, which was also 7.0 percent. The state’s current unemployment rate is 0.5 percentage point higher than the national unemployment rate of 6.5 percent.

“The Agency for Workforce Innovation and our partners throughout the workforce system are reinforcing our efforts to provide a wide array of programs and specialized assistance to help Florida job seekers gain meaningful employment,” said Monesia T. Brown, Director of the Agency for Workforce Innovation.

The state’s 24 Regional Workforce Boards are working hard to serve the employment needs of the people of their communities by working closely with local economic development, education, and business partners to help employ Floridians.

Just a few recent examples of their specialized efforts include the following:

  • The South Florida Workforce Board, which serves Miami-Dade and Monroe counties, recently helped more than 70 transportation employees remain employed when faced with possible layoffs. The Workforce Board provided on-site assistance to help place the workers in new employment opportunities with another local transportation business.
  • One-Stop Career Centers – Florida’s 88 One-Stop Career Centers, locally operated by Regional Workforce Boards, provide local access to job placement services, local workforce information and job training opportunities.
  • Mobile One-Stop Career Centers – Florida’s Mobile One-Stop Career Centers allow citizens in rural areas, at job fairs and during emergency situations to access critical workforce information and services.
  • Labor Market Information – The Agency for Workforce Innovation’s Labor Market Statistics Center produces data, such as employment, unemployment and wage information, that assist workforce/economic development, education, employers and job seekers. These statistics assist with economic analysis, business recruitment, career counseling and other critical business decision-making.
  • Work Opportunity Tax Credit - The Work Opportunity Tax Credit offers a financial incentive to private, for-profit employers to hire individuals from certain targeted groups, who experience high rates of unemployment due to a variety of employment barriers.
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