Unemployment rate makes sharp drop for Alabama, Florida in October
11/18/2011 04:36 pm
Gov. Robert Bentley announced on Nov. 18 that Alabama’s October unemployment rate dropped by half of a percentage point to 9.3 percent.
The unemployment rate in September was 9.8 percent. October’s rate represents 201,296 unemployed persons, down from 211,132 last month. This is the fourth consecutive month Alabama’s unemployment rate has decreased.
"The drop in Alabama’s unemployment rate is certainly good news for our state,” said Gov. Bentley. “While we are still a long way from reaching full employment, October’s decline shows positive momentum for our state as we continue our mission to put Alabamians back to work.”
According to the St. Petersburg Times, Florida's unemployment rate fell sharply to 10.3 percent in October, reaching the lowest level in 28 months, state officials reported Friday.
Over the month, Florida gained a net 9,500 jobs, pushing the state up 106,900 jobs since January and 93,900 jobs compared to a year ago. The jobless rate, down from 10.6 percent in September, represents about 955,000 unemployed Floridians out of a labor force of 9.2 million.
“As we head into the holiday season, it’s great to see we continue to move in the right direction when it comes to job creation and getting people back to work,” Gov. Rick Scott said in a statement. “The businesses in our state have created more than 100,000 jobs so far this year. I’m going to do everything I can to keep attracting businesses here and help those here already thrive so we can continue to see this growth.”