Press Releases

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

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

North Central Florida Job Market Update | February 2023

The national unemployment rate was 3.6% in February 2023, up 0.2 percentage points from the January 2023 rate and down 0.2 percentage points from 3.8% a year ago. On the other hand, total nonagricultural employment was 155,350,000 in February 2023, with an increase of 311,000 jobs (+0.2%) over the month and 4,340,000 jobs (+2.9%) over

CareerSource North Central Florida Introduced New Online Career Training Partner

CareerSource North Central Florida (CSNCFL) announces that Alachua and Bradford County residents will now have free online career training available via its newest partner, Metrix E-Learning.  CSNCFL, the local workforce development board, enables residents to access the virtual courses designed to strengthen job prospects and promote additional career pathways that drive economic prosperity for local

North Central Florida Job Market Update | January 2023

Last month, Florida’s seasonally adjusted employment rate was at 2.5%, making it 0.1% lower than the November 2022 rate and 1.0% lower than the December 2021 rate of 3.5%. Florida’s employment rate was 1.0% lower than the national rate of 3.5%. In addition, Florida’s December 2022 private sector over-the-year growth rate was 5.3%, which is

North Central Florida Job Market Update | December 2022

Last month, Florida’s seasonally adjusted employment rate was at 2.6%, making it 0.1% lower than October 2022 and 0.9% lower than the November 2021 rate of 3.5%. Florida’s employment rate was 1.1% lower than the national rate of 3.7%. And Florida’s November 2022 private sector over-the-year growth rate was 5.2%, which is 1.6% higher than

North Central Florida Job Market Update | November 2022

Despite a 0.2% percent increase in Florida’s unemployment rate in October 2022, the state’s unemployment rate was 1.0% lower than the national rate of 3.7%, and the state’s private sector over-the-year rate growth was at 5.6%, which is 1.6% higher than the national job growth rate of 4.0%. Overall Trends in Florida’s Job Market Florida’s

North Central Florida Job Market Update | September 2022

Company growth and employment throughout the state of Florida increased in August, lowering unemployment rates and helping uplift the struggling economy that’s still facing the long-term effects of the pandemic. People feared a recession, but with the unexpected increase in job positions around Florida, many are hopeful for the future and looking forward to steady