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Business Observer Friday, Sep. 17, 2010 11 years ago

Gulf Coast loses 9,760 jobs

Employment along the Gulf Coast has fallen significantly since August 2009.

Florida's seasonally adjusted unemployment rate in August was 11.7%, as more than one million people were without jobs last month. Gulf Coast counties are struggling with joblessness as well, with a combined 9,760 jobs lost over the year, according to the latest data from the Agency for Workforce Innovation.

The highest unemployment rates in the region are in Lee and Collier counties. Lee has 13.7% unemployment, while Collier faces a 13.6% rate.

Counties in the Tampa Bay region, meanwhile, saw the largest over-the-year increase in unemployment. Rates in Pinellas (12.1%), Pasco (13.3%), and Hillsborough (12.4%) counties increased 0.8, 0.9, and 1.1 percentage points respectively, compared to August 2009.

The counties with the largest net job losses were Hillsborough (3,402) and Pinellas (2,540). In contrast, somewhat surprisingly given the populations, the combined job loss in Sarasota and Manatee counties (336) was smaller than any other individual Gulf Coast county.

Click here for a full table of county-by-county unemployment data. (Note: county-level data is not adjusted for seasonality.)

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