Gov. Scott: Pensacola Metro Area unemployment rate declined to 6.3 percent

Today, Governor Rick Scott announced thePensacola-Ferry Pass-Brent Metropolitan Statistical Area’s (MSA) unemployment rate declined by 1.0 percentage point over the year, from 7.3 percent in March 2013 to 6.3 percent in March 2014. The area experienced positive annual job growth over the year in March 2014 with 1,200 new jobs.

Governor Scott said, “As the Pensacola metro area continues to see positive annual job growth with 1,200 new jobs last month and an unemployment rate down to 6.3 percent, I am confident that more Florida families are getting back to work. Let’s keep working to create an environment where every Floridian has an opportunity to get a great job right here in the Sunshine State.”

The industries with the largest job gains in the Pensacola metro area over the year were leisure and hospitality with 1,000 new jobs, financial activities with 500 new jobs, and trade, transportation, and utilities with 300 new jobs.

The Pensacola metro area had 5,078online job openings in March 2014 and had 779 openings for STEM occupations. STEM is an acronym for science, technology, engineering and mathematics, and these jobs are considered high wage and high skill.

In March, CareerSourceEscarosa, along with the state’s other 23 Regional Workforce Boards, reported more than 40,890 Floridians were placed in jobs. An individual who receives employment and training assistance through a One-Stop Career Center and finds a job within 180 days is deemed a placement and may be reported by a regional workforce board. Of these individuals, 8,617 previously received Reemployment Assistance. In 2013, more than 479,064 Floridians were placed in jobs, with 135,384 former claimants finding employment.

Florida’s statewide unemployment rate for March 2014 was 6.3 percent and the state’s labor force again increased over the month and over the year. Florida’s statewide unemployment rate has been below the national unemployment rate since August 2013, which was 6.7 percent in March 2014. Since December 2010, Florida has created 563,900 private sector jobs.

To view the March 2014 employment data visit www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.

 

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