Florida’s unemployment rate lowest since 2008

Florida’s seasonally adjusted unemployment rate in October 2014 was 6 percent, the lowest level in approximately six years. The June 2008 rate was also 6.0 percent.

The latest numbers are down from 6.7 percent in October 2013 and 6.1 percent in September of this year.

Okaloosa's 4.5 percent unemployment rate ranks 65 out of 67 Florida counties, the third lowest in the state.

Regional unemployment rates, not seasonally adjusted, are as follows:

•Okaloosa – 4.5 percent                    

•Bay –  5.8 percent

•Escambia – 5.8 percent

•Santa Rosa – 5.2 percent

•Walton – 3.9 percent

•Florida – 5.8 percent

•United States – 5.5 percent

Metropolitan Statistical Area preliminary rankings also list the Crestview-Fort Walton Beach-Destin MSA (4.5 percent) at 23 out of 23, with the lowest unemployment level of all.

Florida’s unemployment rate information is compiled by the U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program, in cooperation with the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics. 

This article originally appeared on Crestview News Bulletin: Florida’s unemployment rate lowest since 2008