Florida unemployment holds steadyby Dara Kam | August 21st, 2009
Florida’s jobless rate remained at 10.7 percent in July, 1.3 percent points higher than the national unemployment rate of 9.4 percent, the Agency for Workforce Innovation reported today.
The unemployment rate in June and July is the highest in the past 34 years. In October 1975, the jobless rate was 11 percent.
The rate remained steady although the state has already spent more than $944 million of federal stimulus money on unemployment benefits and resources.