The jobless rate for Levy County residents dropped 0.6 percentage points to 8.4 percent in February — the lowest it has been since November 2008 according to a press release by the state's labor contractor.
Levy County’s labor force fell slightly by 46 since January to 16,176, employment rose by 52 to 14,812 and the number of unemployed dropped by rose by 98 to 1,364. Over the year the number of unemployed dropped by 319 from 1,683. In February 2011, the jobless rate was 11.5 percent with 1,938 people unemployed.
The jobless rate in February for Workforce Connection’s Citrus, Levy and Marion counties region was 8.5 percent, down 0.6 percent from January’s rate, 2.1 percentage points lower than the same time last year and 4 percent less than February 2011. These are the lowest unemployment rates for the region since July 2008.
Florida’s unemployment rate in February fell to 7.7 percent, the lowest since October 2008 when it was also 7.4 percent. The national rate was 7.7 percent in February, down 0.2 percent over the month.
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