Franklin County’s unemployment rate climbed upward a bit last month, as the labor force shrank slightly.
According to preliminary numbers released Sept. 20, Franklin’s jobless rate rose by two-tenths of 1 percent in August, from 3.3 to 3.5 percent, with nine people joining the jobless rolls, which now number 177.
The labor force dropped by seven workers, from 5.033 in July to 5,026 last month. One year ago, the labor force was considerably smaller, at 4,853, the jobless rolls were lower, at 161, and the unemployment rate was the same at 3.5 percent.
The unemployment rate in Gulf County dropped from 4.5 percent to 4.4 percent, while in Bay it declined from 3.6 to 3.5 percent.
The Franklin County unemployment rate were better than the national average, which was 3.8 percent in August.
Franklin’s August numbers tied it with Bay, Brevard, Columbia, Escambia, Lee, Manatee, Martin, and Miami-Dade, and were behind Bradford, Hillsborough, Lake, Leon, Liberty, Sarasota and Washington, all at 3.4 percent; Alachua, Baker, Broward, Clay, Pinellas and Union, at 3.3 percent; Lafayette, Nassau and Santa Rosa, at 3.2 percent; Orange, Seminole and Wakulla, at 3.1 percent; Walton at 2.9 percent; Okaloosa and St. Johns, at 2.8 percent; and Monroe County, the best in the state, at 2.4 percent.
Florida’s seasonally adjusted unemployment rate was 3.3 percent in August, unchanged from the July rate, and down one-tenth of 1 percentage point from a year ago. There were 342,000 jobless Floridians out of a labor force of 10.4 million.
The state gained 221,200 jobs over the year, an increase of 2.5 percent. Nationally, the number of jobs rose 1.4 percent over the year. With the exception of Sept. 2017, Florida’s over-the-year job growth rate has exceeded the nation’s rate since April 2012.
The industry gaining the most jobs was education and health services (+62,800 jobs, +4.8 percent).
Other industries gaining jobs over the year included professional and business services (+46,800 jobs, +3.4 percent); leisure and hospitality (+23,500 jobs, +1.9 percent); trade, transportation, and utilities (+21,900 jobs, +1.2 percent); construction (+20,900 jobs, +3.8 percent); financial activities (+18,700 jobs, +3.2 percent); manufacturing (+11,100 jobs, +3.0 percent); government (+8,200 jobs, +0.7 percent); and other services (+8,000 jobs, +2.3 percent).
The one industry losing jobs was information (-3,200 jobs, -2.3 percent).