Florida Unemployment Drops to Lowest Level in Four Years

Lets party like it's November 2008. Yes, Florida's unemployment has dropped to its lowest level since that month.The state released new unemployment figures for November 2012 today, and the rate now stands at 8.1 percent. That's a drop of 0.4 percent from the previous month's rate of 8.5 percent. It's...

By Kyle Munzenrieder

December 21, 2012

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Lets party like it's November 2008. Yes, Florida's unemployment has dropped to its lowest level since that month.

The state released new unemployment figures for November 2012 today, and the rate now stands at 8.1 percent. That's a drop of 0.4 percent from the previous month's rate of 8.5 percent. It's only the second time since 1992 that the state has seen such a large month-to-month drop.

It's also down a full two points since November 2011 when the rate stood at 10.1 percent. As Gov. Rick Scott's office points out, Florida's unemployment rate has now fallen three full points since he took office.

Meanwhile in Miami-Dade County, the unemployment rate is now 8.0 percent. That's down from 8.9 percent the previous month, and from 9.5 percent in November of last year.

Broward County now has an unemployment rate of 7.0 percent, a drop of 0.1 from last month, and 1.8 from the previous year.

Palm Beach County's unemployment rate is now 8.3 percent, down 0.3 from last month and 1.9 percent since this time last year.

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