North Central Florida Job Market Update | March 2023

The national unemployment rate was 3.5% in March 2023, down 0.1% from February 2023 and last year’s rate of 3.6% in March 2022. Among the unemployed, the number of permanent unemployed increased by 172,000 to 1.6 million in March, and the number of reentrants who previously worked but were not in the labor force before