Tag: The U.S. Labor Department

Florida’s Unemployment Rate Drops to Historic Low of 2.7 Percent

PUNTA GORDA, Fla.—Florida’s July unemployment rate dropped to a historic 2.7 percent while the “state’s job creation skyrocketed,” Gov. Ron DeSantis’ office announced on Aug. 19. The office reported that “this level has only been reached three times” since 1976 when the state began recording unemployment data. “Florida’s statewide unemployment rate has been lower than…


Jobless Claims Fall Amidst Tight Labor Market: Labor Department

The number of Americans filing for new unemployment benefit claims has decreased slightly, according to data from the U.S. Labor Department. “In the week ending May 21, the advance figure for seasonally adjusted initial claims was 210,000, a decrease of 8,000 from the previous week’s unrevised level of 218,000. The 4-week moving average was 206,750,…