The Florida Department of Economic Opportunity (DEO) today announced Florida’s unemployment rate for June 2020 was 10.4 percent, a decrease from the revised May 2020 unemployment rate of 13.7 percent. Florida businesses gained 292,800 private sector jobs over the month and Florida’s labor force climbed 1.5 percent over the month which continues to show that Floridians are searching for work and businesses are creating jobs.
Florida Economic Indicators for June 2020 include:
- Unemployment rate was 10.4 percent, a decrease from May’s revised figure of 13.7 percent.
- Labor force was up 143,000 or 1.5 percent, over the month.
- Florida businesses gained 292,800 private-sector jobs over the month.
- Consumer Sentiment Index is 82.7 in June 2020, 6.1 points higher than the May revised figure of 76.6.
- Florida’s private-sector job creation over-the-year rate of decline of 6.7 percent was less than the national over-the-year decline of 9.1 percent.
- Florida private-sector jobs were down 523,700 over the year.
To view the June 2020 jobs report by region, please see below:
To view the June 2020 employment data, visit www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.
To watch the Economic Data Release teleconference, visit https://www.youtube.com/watch?v=N6CeBJpLQ4I&feature=youtu.be.
The Florida Department of Economic Opportunity combines the state’s economic, workforce and community development efforts, expediting economic development projects to fuel job creation in competitive communities and promote economic resiliency. For more information, including valuable resources for employers and job seekers, please visit www.floridajobs.org.