County jobless rate same as one year ago

Published: Wednesday, May 21, 2014 at 11:18 AM.

The CSGC region as a whole experienced a measurable decline in unemployment, and narrowly outpaced the state, with all three counties comprising the region - Bay, Franklin, and Gulf - posting declines.

The unemployment rate in the region was 5.2 percent, 1.2 percentage points lower than the region’s year ago rate of 6.4 percent, while half of 1 percentage point below the April 2014 state rate of 5.7 percent. Out of labor force of 103,412, there were 5,356 unemployed Gulf Coast residents.

The April 2014 unemployment rate in Bay County dipped to 5.1 percent, while Gulf County fell to 5.8 percent.

 “In general, we are pleased to see continued upward movement as a region,” Bodine said. “We are working as hard as ever to bring more employers to the table, to give them the support they both want and require. Our successful Career Expo this week is just one sign of our unyielding commitment to bring employers and qualified job seekers together.”

While there were more employment opportunities locally, the growth in opportunities is slow. In April 2014, there were 75,800 nonagricultural jobs in the Panama City‐Lynn Haven‐Panama City Beach metro area (Bay County), up 800 jobs over the year. The Panama City‐Lynn Haven‐Panama City Beach metro area’s annual rate of job growth was 1.1 percent, while the state increased at a rate of 3.2 percent.

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