Florida’s seasonally adjusted unemployment rate in February was 11.5%, down 0.4% from January, Agency for Workforce Innovation director Cynthia Lorenzo announced Friday.
The rate represents 1.06 million jobless people out of a labor force of 9.26 million.
On an annualized basis this year, the number of new jobs had increased by 32,700, which is up 0.5% over 2010.
“This is the strongest annual growth rate in Florida since May 2007,” Lorenzo said. “This decrease in Florida’s unemployment rate, combined with continued job growth, is welcome news and provides additional evidence that our economy is getting back on track.”