Jobless rate dips a bit
Franklin County’s unemployment numbers closed 2020 slightly improved, dropping two-tenths of 1 percentage point as the labor force continued to shrink.
According to preliminary numbers released Friday by the Florida Department of Economic Opportunity, the seasonally adjusted unemployment rate in December was 4.7 percent, down from the November rate of 4.9 percent.
This improvement in joblessness came as 13 people left the unemployment line, which now numbers 205.
The labor force in December dropped by 53 workers, to 4,354 last month. The workforce remains smaller than one year ago, when it was at 4,468, the jobless rolls were considerably smaller at 120, and the unemployment rate, at 2.7 percent, was much better than it is today.
The unemployment rate in the county was worse than in Gulf County, which was at 4.5 percent, and better than Bay, at 5.0 percent.
Compared to the state’s 66 other counties, Franklin was tied with Bradford, Manatee and Sarasota County, behind Calhoun and Lafayette County at 4.6, Baker, Gilchrist at Gulf County at 4.5, Alachua, Okeechobee and Walton at 4.4, Collier and Holmes County at 4.3, Glades at 4.2, Martin, Okaloosa and Union County at 4.1, Nassau and Santa Rosa at 4.0, Clay and DeSoto at 3.9, Monroe at 3.8, and St. Johns County and Wakulla, tied for best at 3.6 percent.