Union County’s unemployment rate decreased from 2.9% to 2.7% during August, while Clay County’s jobless rate fell from 2.6% to 2.5% during the month. Bradford’s rate held steady at 3.1%.
Nassau County had the lowest rate in northeast Florida with 2.4%, and Putnam County reported the highest at 4%.
Statewide, the unemployment rate remained unchanged at 2.7%, one percentage point lower than the U.S. jobless rate. The Florida Department of Economic Development said in a news release that the Sunshine State reported the lowest unemployment rate among the nation’s top 10 states and led the U.S. in new business formations since January 2020 with 1,534,221 new enterprises formed, outpacing second-place California by more than 250,000.
“Florida has the lowest unemployment rate among the 10 most populous states and the highest number of new business formations because we have encouraged workforce development, kept the economy open, and put Florida families first,” said Governor Ron DeSantis in the release.
