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,