May 16, 2024

Omicron not boosting unemployment claims in Florida

In numbers that indicate the omicron variant of the coronavirus is not causing major job losses, Florida had an estimated 4,046 initial unemployment claims during the week that ended Jan. 1, according to data released Thursday by the U.S. Department of Labor.

That total was down from a revised count of 4,244 claims during the week that ended Dec. 25.

The federal agency estimated 207,000 first-time claims were filed nationally last week, an increase of 7,000 from the week ending Dec. 25.

Claims nationally have been around 200,000 a week since early November.

For Florida, new claims have averaged 4,871 during the past four weeks and 7,158 a week since mid-May, when the state upped efforts to push people back into the workforce.

Florida recently has seen unemployment claim totals that are similar to the period before the COVID-19 pandemic caused massive job losses in 2020.

For example, in the four weeks before March 15, 2020, the date state and federal agencies use to mark the start of the pandemic in terms of jobless claims, the weekly average was 5,367.

Florida in November 2021 had a 4.5 percent unemployment rate, with an estimated 483,000 Floridians out-of-work from a labor force of 10.63 million.

The state Department of Economic Opportunity will release a December report on Jan. 21.

Tags: News Service of Florida

Florida Business News

Florida News Releases

Florida Trend Video Pick

Iconic Sarasota 'Hob Nob' restaurant closes after 67 years
Iconic Sarasota 'Hob Nob' restaurant closes after 67 years

Opening first in 1957, Hob Nob's has been a popular spot for signature burgers in the Sarasota area.

 

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.