New Home construction for end of year

File photo: Construction workers create a new, single-family home in Crystal River. 

Citrus County’s unemployment rate in October fell 0.1 percentage point to 5.2%, according to data released Friday by the Florida Department of Economic Opportunity (FDEO). 

It was 5.3% the previous month and 5.8% in September 2020.

Regionally, the numbers were positive. 

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Dale French, CareerSource Citrus Levy Marion (CLM) executive vice president, said the numbers across all three counties show great improvement for current talent pool shortages. 

“Not only are we seeing labor force figures rising, but the numbers also indicate that individuals gaining employment are outpacing labor force growth,” French said. “This shows that workers who had previously dropped out of the labor force are also returning to work.”  

Citrus tied with Sumter County for the sixth highest unemployment rate in the state at 5.2%.

Here are highlights from FDEO’s October report:

- Citrus County’s labor force  increased by 440 over the month to 49,128.

- The number of employed rose by 486 to 46,588 and the number of unemployed fell by 46 to 2,540.

- Compared to October 2020, when the unemployment rate was 8.0%, the county’s labor force fell by 3,178, there were 3,323 more employed and 145 fewer unemployed.

Hendry County, in the south-central part of Florida, had the state’s highest unemployment rate in October at 6.3%. Monroe County, in the southernmost county in Florida, had the lowest at 2.5%.

Florida’s unemployment rate in October was 4.0%, down from 4.3% a month earlier. Nationally, the rate was 4.3%, down from 4.6%.

Contact Chronicle reporter Michael D. Bates at 352-563-3205 or mbates@chronicleonline.com. To see more of his stories, visit  tinyurl.com/y6kb23vv.