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Florida's seasonally adjusted unemployment rate is 11.1%, 0.2 percentage points lower than it was in March 2010. This marks the first time Florida's adjusted unemployment rate has fallen over the year since 2006, according to the Agency for Workforce Innovation.
The raw data is even more encouraging: Florida's unadjusted rate for March is 10.6%, down from 11.3% a year ago.
On average, Gulf Coast counties' unemployment rates fell by 1.1 percentage points over the year. Collier County's 10.2% rate is the region's lowest, the result of 376 net jobs being added to the economy, plus a 1% decline in the size of its labor force.
The region added 5,550 net jobs over the year, with Hillsborough and Pinellas accounting for well over half of that growth. But relative to the size of their existing economies, Manatee and Sarasota counties saw the strongest job growth, with 2,000 jobs added despite a labor force less than one-third the size of the Hillsborough-Pinellas combination.
A detailed breakdown of county-by-county data, as provided by the Agency for Workforce Innovation, is available below.
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