Friday, April 16, 2010

Jacksonville Unemployment Rate Falls for First Time in 18 Months, But Remains High


Posted: April 16, 2010 - 10:36am

By Mark Basch

Jacksonville's unemployment rate fell in March for the first time in 18 months, the Florida Agency for Workforce Innovation reported today. But the jobless rate remains extremely high.

The unemployment rate for the Jacksonville metropolitan area - consisting of Duval, Baker, Clay, Nassau and St. Johns counties - fell from 12.2 percent in February to 11.9 percent in March, the state labor agency said. That was the first monthly drop in the rate since it fell by 0.2-percentage points to 6.4 percent in September 2008. The jobless rate had been rising steadily since then.