HOLMES COUNTY - Unemployment in Holmes County is slightly down from last month and year-over-year.
The Florida Department of Economic Opportunity recently released its month unemployment data report for March. The report shows the unemployment rate in Holmes County down from 4.3 in February to 4.2 in March. In the five-county region, which also includes Washington, Liberty, Calhoun and Jackson, Holmes County, along with Liberty and Calhoun, have unemployment rates higher than that of the region.
Florida’s seasonally unemployment rate was 3.9 percent in March 2018, unchanged from the February 2018 rate, but down 0.5 percentage point from a year ago, a CareerSource Chipola news release stated. There were 400,000 jobless Floridian’s out of a labor force of 10,193,000.
The U.S. unemployment rate was 4.1 percent in March.
Florida’s seasonally adjusted nonagricultural employment was 8,716,800 in March 2018, an increase of 13,800 jobs over the month, the release stated. The state gained 173,100 job over the year, an increase of 2.0 percent.
Year-over-year, the county's unemployment rate has dropped 0.4 percent, a rate on par with that of Jackson County, though still lagging behind the region.
The unemployment rate in the CareerSource Chipola region was 4.0 percent in March 2018. This rate was 0.5 percentage point lower than the region’s year ago rate of 4.5 percent. The labor force was 41,717 up 137 over the year. There were 1,687 unemployed in the region.