Florida Unemployment Rate
LOOKING FOR ADDITIONAL INFORMATION?
The Bureau of Labor Statistics measures the unemployment rate by comparing the total amount of individuals who are unemployed to the labor pool in entirety. When determining the jobless rate, authorities use the definition of unemployed as those who are seeking and available to work, but remain unemployed. The way the unemployment rate is factored is through two separate labor force surveys. The so-called “normal” jobless rate for a state is around 5 percent. Fluctuations in a state unemployment depends on certain factors such as overall job growth, loss of jobs and individuals entering or re-entering into the labor force. Understanding the unemployment rate is a crucial part of determining certain economic factors and potentially outlining the trajectory of a state’s job scope.
Florida Unemployment Resources
What is the unemployment rate in Florida?
What Is Unemployment Insurance?
Unemployment insurance is a type of government compensation that can be obtained by newly unemployed workers who require financial assistance while they purse new work opportunities. These unemployment benefits are available to eligible individuals for a pre-determined period and help them cover rent, food and other necessary expenses. To find out more about unemployment insurance and how you can start receiving government compensation today, download our guide.
Can Everyone Get Unemployment Benefits?
Unemployment insurance is only available to qualified individuals. Applicants must have an acceptable reason for being out of work, they must meet past income thresholds and more. Find out if you qualify to receive unemployment compensation by downloading our comprehensive guide here.