U.S. unemployment rate in Florida 1992-2023

In 2023, the unemployment rate in Florida was at 2.9 percent. This is a decrease from the previous year, when the unemployment rate stood at three percent.

The monthly unemployment rate for the United States can be accessed here.

Employment situation in Florida

The unemployment rate in Florida has risen and fallen over the last two decades from a low of 2.5 percent in 2006 to a high of 10.8 percent in 2010. Similarly, the unemployment rate in California reached a low of 4.2 percent in 2019 and a high of 12.5 percent in 2010. As of 2020, there were a total of 8.5 million non-farm employees in Florida, with 1.74 million people working in trade, transportation, and utilities industries and 1.31 million people employed in education and health services. During the same time, the employment to population ratio in the state totaled some 52.9 percent, in comparison to 63.7 percent in Iowa. The fluctuations in unemployment rates can vary due to both domestic and global factors. Locality, skill gap, labor unions, and job openings relative to unemployed numbers can influence monthly unemployment rates, while the outsourcing of jobs by American companies can impact the nation’s availability of jobs.

In Florida, the unemployment benefits program is named the Reemployment Assistance Program to emphasize the job search and reemployment services offered. To be eligible, you must have lost your job through no fault of your own, must be available to work and be actively seeking work, and must have a minimum amount of wages earned during a base period.