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 the national rate for 20 consecutive months and has declined or held steady for 24 consecutive months; indicating that Florida’s economy is secure and resilient,” it said in a statement.
While the national labor force shrank for the second consecutive month, DeSantis said Floridians are “continuing to enter the workplace and businesses are continuing to create jobs.”…