Pinellas County’s unemployment took an upward swing to start 2014.
According to a report released March 17 by the Florida Department of Economic Opportunity, Pinellas County’s not seasonally adjusted unemployment rate increased to 6.3 percent compared to 5.8 percent in December. Still, January 2014’s unemployment was significantly lower than last year’s at 8.2 percent.
A similar trend was reported in the not seasonally adjusted figures at the state and federal level. Unemployment in Florida went up from 5.9 percent in December to 6.3 percent in January. The state’s unemployment in January 2013 was 8.5 percent. The federal unemployment rate increased from 6.5 percent in December to 7 percent in January. Federal unemployment in January 2013 was 8.5 percent.
Unemployment for the Tampa-St. Petersburg-Clearwater Metropolitan Statistical Area increased from 6 percent in December to 6.5 percent in January. The local MSA includes Hernando, Hillsborough, Pasco and Pinellas counties. Unemployment in the local MSA in January 2013 was 8.5 percent.
Pinellas County labor force went up from 440,976 in December to 442,390 in January. The number of unemployed jumped from 25,783 to 27,838. The number of people with jobs declined from 415,192 in December to 414,552 in January.
The local MSA, which had led the way in job growth in 2013, placed third in the list in January 2014. Orlando-Kissimmee-Sanford took first place with over-the-year job gains of 36,400 jobs. Miami-Miami Beach-Kendall was second with 30,500. Tampa-St. Petersburg-Clearwater was third with 29,400 jobs.
Unemployment figures for February are scheduled for release March 28.