Florida's unemployment rate was 3.7% in June, remaining unchanged from previous months, while the number of private-sector jobs decreased by 21,000 since May. Approximately 415,000 Floridians were unemployed, indicating a slight increase from the previous month, with a workforce reduction of 7,000 to 11.193 million. The Miami metropolitan area recorded the lowest unemployment at 3.2%, slightly rising from May. Economists expressed concerns over federal policies affecting economic stability, noting the influence of anticipated tariffs on consumer behavior and tax revenues.
Florida's unemployment rate remained at 3.7% in June, with private-sector jobs down 21,000 from May, indicating a shrinking workforce of 11.193 million.
The Miami-Fort Lauderdale-West Palm Beach area had the lowest unemployment rate at 3.2%, with the Miami-Miami-Beach-Kendall area at an even lower 2.4%.
Economic expert Jimmy Heckman noted that although job losses occurred, Florida previously had strong job growth and cautioned against drawing quick conclusions from this month's data.
State economists highlighted that tax-revenue gains were significantly influenced by consumer behavior related to anticipated tariffs stemming from federal economic policies.
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