Job Growth Flat in October, Unemployment Rate Remains Below 3.0%

Job Growth Flat in October, Unemployment Rate Remains Below 3.0%

The latest employment information shows that Leon County added 64 jobs in October, 2018. One year ago Leon County lost 2,047 jobs. This month’s job gains follows a gain of 5,264 jobs in September.

The unemployment rate ticked up from 2.8% in September to 2.9% in October.

The number of people working in October 2018 has increased when compared to last year. The Leon County Jobs Report, listed below, indicates that 151,756 people were working in October 2018. This is 2,745 more than the 149,011 reported working in October last year.

Also, the labor force expanded when compared to one year ago. In October 2018 the workforce was 156,256 compared to 154,355 last year.

At the state-level, job growth was flat in October. Due to a small decrease in the labor force, the unemployment rate decreased from 3.1% in September to 3.0% in October.

Get caught up on Tallahassee business trends here.

Leave a Reply

Your email address will not be published.