Jacksonville Unemployment Rises to 11.2 Percent in June
Florida’s June unemployment figures were released last week and those who were hoping for good news have been disappointed. In metro Jacksonville, unemployment rose to 11.2 percent in June after three months of consecutive declines. In Duval County, the unemployment rate for June was 11.7 percent, up from 11.4 percent in May and from 11.0 percent in June of 2009.
With unemployment continuing to rise, personal bankruptcy filings could climb in the next six months. Bankruptcy filings are a lagging indicator, which means that higher rates of unemployment now (a leading contributing factor to filing bankruptcy) can mean more filings a few months down the road.
The Florida Agency for Workforce Innovation released the latest employment statistics for the state, which can be found here.
Among the findings:
People out of work in metro Jacksonville in June totaled 77,356 in June, up from 71,788 one year ago.
Six counties in Northeast Florida had gains in unemployment numbers for June: Baker County up .5 percent to 11.2 percent, Clay County up .2 percent to 10.3 percent, Duval County up .3 percent to 11.7 percent, Nassau County up .3 percent to 10.8 percent, Putnam County up .9 percent to 13.4 percent and St. Johns County up .4 percent to 9.6 percent.
The total unemployment rate for Florida in June was 11.6 percent, up .5 percent from one month ago. The national unemployment rate was 9.6 percent.
The majority of new job losses were in construction, financial services, manufacturing and information technology. There were job gains in private education and health services, government and professional and business services.
If you are unemployed, have substantial debt, or creditors are harassing you, contact a Florida Bankruptcy and Foreclosure Attorney.
