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Florida Breaks Unemployment Record

April 16th, 2010 by flanews

Last month the state set a record for unemployment; this month the record was broken.

Floridas jobless rate is now at 12.3 percent, the highest since the state began keeping unemployment records in the 1970s. More than a million Floridians are looking for work. Chief Economist for the Agency for Workforce Innovation Rebecca Rust says the numbers have been fluctuating slightly but it will be a while before they level off.

This is expected when you are at the bottom of a recession that you will have some ups and downs in terms of the statistics. Usually the employment numbers should move in the same direction for about four months in a row before you can consider that a trend, said Rust.

The national unemployment rate is 9.7 percent.

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