One good and one bad news for employment in Florida: unemployment is down, but it is still worse than a year ago

Building under construction in Florida (Reference image)Photo © YouTube video capture by Univisión Orlando

Florida recorded its third consecutive month of decline in the unemployment rate, which dropped to 4.5%, although this figure is still clearly worse than it was a year ago, when it stood at 4%.

The official figures from Florida Commerce confirm that the state unemployment rate stood at 4.5% in August.

The data from the U.S. Bureau of Labor Statistics (BLS) also show that it had been 4.7% in June and 4.6% in July, marking three consecutive months of decline.

Monthly improvement is a good sign after the earlier deterioration, but the year-on-year comparison shows the other side of the labor market: the current rate is half a percentage point higher than the 4% from August 2025.

According to the BLS report for August, Florida had a workforce of approximately 11.1 million people, of which about 502,000 were unemployed.

The state also continues to perform above the national average: while Florida recorded an unemployment rate of 4.5%, the rate for the United States remained at 4.1% during August.

The contrast is significant because for approximately five years, Florida had generally maintained an unemployment rate lower than the national average, an advantage it lost in 2026, according to Florida Politics.

There were also positive signs in job creation: non-agricultural employment reached approximately 10.05 million positions in August, about 21,800 more than in July, according to official labor statistics.

In the annual comparison, Florida Commerce reported that the state gained 59,000 jobs between August 2025 and August 2026, an approximate growth of 0.6%.

Six of the ten major economic sectors recorded increases in employment compared to the previous year.

Education and health services led the gains with 39,600 additional jobs, followed by professional and business services with 25,200, and leisure and hospitality with 11,600.

Other sectors, however, continued to lose workers.

Financial activities recorded 14,300 jobs fewer than a year earlier, while government employment decreased by 4,900 positions and the information sector lost 3,900.

The new balance arrives after a period of increased uncertainty. In September 2025, the labor market in Florida was already showing signs of stagnation, particularly in sectors such as professional services, manufacturing, and wholesale trade.

In 2026, significant movements have also occurred in specific sectors.

In May, the bankruptcy of Spirit Airlines left more than 4,850 workers unemployed in Florida, including over 3,260 in Broward and Miami-Dade.

In the opposite direction, some major economic engines in the southern part of the state have continued to generate jobs.

The Miami International Airport reported that employment directly and indirectly related to its activities increased by 12% in 2025, reaching approximately 945,682 positions throughout Florida.

Related videos:

Filed under:

CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.