Ditchmen • NUCA of Florida Ditchmen - May 2022 | Page 12

Unemployment Rate in Florida Drops Again the world , our labor force grew by 30,000 people . The nation as a whole lost 363,000 people from the workforce .”

DeSantis also used the appearance to continue to forecast increases in alreadyrecord gas prices amid summer travel and the potential for four-decade-high inflation to result in a recession . DeSantis said the state has large reserves that would help it ward off any initial hit from a national economic downturn .
TALLAHASSEE --- Florida ’ s unemployment rate dropped to 3 percent in April , while Gov . Ron DeSantis continues to warn about high gasoline prices and a potential recession that he blames on federal economic policies .
The state Department of Economic Opportunity released a report Friday that showed the April unemployment rate was down from 3.2 percent in March . During an appearance at Retro Fitness in West Palm Beach , DeSantis touched on the unemployment report , which indicated Florida picked up about 57,000 privatesector jobs last month .
“ Employers in Florida have now 24 consecutive months where we ’ ve had private-sector job growth , and our privatesector growth has exceeded the nation ’ s for over a year ,” DeSantis said . “ I think even , you know , somewhat more importantly , if you look at some of the dislocations we see in other parts of the country , and even around
“ We ’ re happy that we ’ re doing it right in Florida ,” DeSantis said . “ We ’ re making the good decisions . The results are obviously very positive . But we ’ re mindful about the storms brewing on the horizon out of Washington , D . C ., and we ’ re prepared from a budget perspective .”
The national unemployment rate was 3.6 percent last month .
Florida ’ s unemployment rate improved from 5.1 percent in April 2021 . Last month , 321,000 people qualified as unemployed from a workforce of 10.54 million . The workforce grew by 309,000 people from April 2021 to last month .
The state lost 1.28 million jobs from February 2020 to April 2020 , when businesses shuttered and cut back in the early stages of the COVID-19 pandemic . Florida has regained those jobs and added to them , with the total at nearly 1.5 million jobs , according to the Department of Economic Opportunity .
10 DITCHMEN • MAY 2022