Unemployment is on a downward spiral.
For several months now the United States and the state of Florida have been seeing a trend downward in the unemployment rate. And, according to a report from the Florida Department of Economic Opportunity, Santa Rosa County is ahead of the curve.
The local rate, 3 percent, is more than a percentage point lower than the national average. More than 76,000 people in Santa Rosa County are working.
But why is the rate low?
This is the first installment of a series on economic indicators that will be running on the business page for the next few weeks. Each week will feature data and discussion on a topic that indicates the overall health and trends of Santa Rosa County’s economy.
Read the full article in the Nov. 2 issue of Navarre Press. Subscribe online at navarrepress.com for as little as $38 per year.
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