Haas Center for Business Research and Economic Development
Northwest Florida Economy





EmploymentThe unemployment rate for the Northwest Florida region in the first quarter of 2009 was 3.9 percent higher than it was in the first quarter of 2008. The unemployment rate identifies the percentage of people in the labor force that are seeking a job but do not have one. The labor force is the sum of those employed and unemployed, but it does not include the jobless who are not seeking employment such as full-time students and retirees.

Monthly estimates of labor force, employment, and unemployment for selected counties and cities are calculated using the Local Area Unemployment Statistics (LAUS) program. The concepts and definitions underlying LAUS data come from the Current Population Survey (CPS); this household survey is the official measure of the labor force for the nation. The data for this article was extracted from the LAUS program on the ninth of June.

The unemployment rate in the Northwest Florida region for the fourth quarter of 2008 was 8.1 percent, up 3.9 percent from last year as previously mentioned. The region continued its trend of being lower than both the state’s and the nation’s rate as demonstrated in the graph comparing unemployment rates. The state’s unemployment rate continued being higher than the nation’s unemployment rate. Before the second quarter of 2008, the state’s unemployment rate had been lower than the nation’s rate since 2002. In the first quarter of 2009, the state’s unemployment rate was 0.5 percent higher than the nation’s rate at 8.8 percent.

Within the region, the quarterly unemployment rates ranged from 5.4 percent to 10.7 percent. Liberty County had the lowest unemployment rate at 5.4 percent, up 2.2 percent from last year. The next lowest rate was Leon County at 6.2 percent. Gadsden County had the highest unemployment rate at 10.7 percent, up from last year 5.8 percent. The second highest rate was tied between Bay County and Washington County at 9.6 percent. The median unemployment rate for the sixteen counties was 7.6 percent.

Northwest Florida lost 9,930 jobs between first quarter 2008 and first quarter 2009. Ten counties in the region lost jobs over the same time period, and Escambia County lost the most jobs at 3,642. Also, all the sixteen counties increased their unemployment rate since last year, but every county had increases in its labor force. Walton County added the most jobs at 1,283.

The numbers for this article reflect the latest information available online at the time of article preparation. Please note that these numbers are subject to subsequent revision by the Agency for Workforce Innovation.

Table 1. Quarterly Employment
 
1st Quarter 2008
Annual Changes (Q1-08 to Q1-09)
Labor Force
Employment 
Unemployment
Unemployment Rate
Jobs Added or Lost
Unemployment Rate Change
Bay 
88,093
79,603
8,490
9.6%
-1,877 4.9%
Calhoun
6,080
5,590
490
8.1%
155 3.9%
Escambia
140,610
127,261
13,349
9.5%
-3,642 4.8%
Franklin
4,604
4,272
333
7.2%
-86 3.2%
Gadsden
21,753
19,416
2,337
10.7%
-376 5.8%
Gulf
6,254
5,685
569
9.1%
-106 4.0%
Holmes
9,305
8,575
730
7.8%
203 3.7%
Jackson
22,404
20,875
1,529
6.8%
105 2.7%
Jefferson
6,878
6,375
503
7.3%
-124 3.6%
Leon
146,277
137,233
9,044
6.2%
-2,659 2.8%
Liberty
4,033
3,815
217
5.4%
211 2.2%
Okaloosa
96,370
89,415
6,955
7.2%
-963 3.3%
Santa Rosa
69,039
63,117
5,922
8.6%
-1,806 4.1%
Wakulla
15,384
14,327
1,057
6.9%
-278 3.4%
Walton
31,994
29,612
2,381
7.4%
1,283 3.4%
Washington
10,084
9,112
971
9.6%
29 4.5%
Region
679,162
624,284
54,878
8.1%
-9,930 3.9%
State
9,190,000
8,331,333
858,667
9.3%
-345,333 4.4%
US 
153,659,000
140,124,667
13,534,333
8.8%
-4,630,333 3.5%

Original Data Sources: Florida Agency for Workforce Innovation, Labor Market Statistics, Local Area Unemployment Statistics, Florida Research and Economic Database. Data retrieved on 6/9/09.

Unemployment Rate

Unemployment Rates

 

 








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