Loh: Higher unemployment rate indicates improving economy | Jax Daily Record | Jacksonville Daily Record
While Jacksonville’s unemployment rate rose in March, University of North Florida economist Albert Loh said the data points to an improving economy. “The labor market condition looks much better than what the slight uptick in unemployment rate may lead one to believe,” Loh said. The Florida Department of Economic Opportunity reported April 16 that the jobless rate in the Jacksonville metropolitan area of Duval, Baker, Clay, Nassau and St. Johns counties rose from 4.2% in February to 4.4% ...
Source: jaxdailyrecord.com