North Central Florida Job Market Update | April 2023

The national unemployment rate was 3.4% in April 2023, down 0.1% from March 2023, and last year’s rate of 3.6% in April 2022. Among the unemployed, the number of people not in the labor force who currently want a job increased by 346,000 over the month to 5.3 million. Both the labor force participation rate,

DEO Announces the First $40 Million in Loans to Florida Small Businesses Through the State Small Business Credit Initiative 2.0

May 22, 2023 Last month, the Florida Department of Economic Opportunity (DEO) announced that more than $40 million in loans to 14 small businesses had already been obligated through the Florida State Small Business Credit Initiative 2.0, which stimulated more than $137 million in private capital lending. This new capital for small businesses and startups