DeSantis announces that the Florida’s June unemployment rate drops to 2.8%, despite ‘Bidenflation”

PUNTA GORDA. Fla.-Gov. Ron DeSantis announced on July 22 that Florida’s June 2022 unemployment rate dropped to 2.8 percent, despite national economic conditions.

” Despite the policies of the Biden administration that have led to record inflation and skyrocketing gasoline prices and slowed national GDP growth, Florida still outperforms the country with strong job growth, DeSantis stated in a statement. “Florida’s unemployment rate has remained lower than the nation for 19 consecutive months and is now close to a full percentage point lower than the nation as a whole. The June data proves that Floridians .”

are embracing freedom.

DeSantis doesn’t like President Joe Biden’s economic policies. He tweeted them as “anti-American” after seeing the latest national inflation figures. The Department of Labor reported that it was worse than anticipated, with the rate at 9.1 percent.

“Brutal inflation report showed a 9.1 percent increase year-over-year. Bidenflation is wreaking havoc on workers, families & small businesses–a consequence of anti-American energy policy, exorbitant borrowing & printing of money & counterproductive federal regulations,” DeSantis said in a July 13 Tweet.

DeSantis referred to current economic conditions as “self-inflicted injuries”, pointing out the Biden administration’s “poor fiscal and energy policies.” He said Washington officials could not keep printing “trillions of dollars” and that “somehow you’re never going see any consequences of that .”

June economic data indicated that the unemployment rate for the state dropped to 2.8 percent; Florida’s statewide unemployment rate declined or held steady for 23 consecutive months and, from June 2021 and June 2022, Florida’s labor force grew by 293,000. The national unemployment rate, at 3.6% in June, remained unchanged. Florida’s labor force grew by 4 percent (40,000) over the month while nationally the labor force shrank by 2 percent.

The national unemployment rate remained unchanged at 3.6% over the month, which is 0.8 percent lower than Florida’s. Florida’s labor force grew by 40,000 (+0.4 percent) over the month, while the national labor force shrank by 0.2 percent.

The private sector saw growth over the year by 5.8 percent adding 452,100 jobs outpacing the national rate of 4.9 percent. In the private section, leisure and hospitality led with 12,100 new jobs while education and health services added 7,800 jobs.

According to the Employ Florida website, there are 603,000 jobs posted as Floridians continue to search for work and new job opportunities, DeSantis said.

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