CORAL SPRINGS, FL – The unemployment rate in Coral Springs dropped slightly to 7.1 percent in September – from 7.9 percent in August – indicating the recovery from the Covid-19 shutdown hasn’t changed much in recent weeks, according to new data released Friday.
In all, 5,123 people were unemployed in Coral Springs out of 71,964 people in the labor force in September, which is the latest information from Florida Department of Economic Opportunity.
In comparison, the jobless rate in Broward County fell to 8.2 percent in September from 9.3 percent in August, the data showed. And in Florida, unemployment stayed the same at 7.6 percent in September and August.
As more parts of the economy reopened, additional workers went back to work, but not enough to get the economy closer to where it was before the pandemic hit in March. In January, Coral Springs had a 2.9 percent unemployment rate with 2,168 people out of work in a labor force of 74,685, the data showed.
Experts still predict a long road to recovery, as jobs return at a slow pace, especially in hard-hit industries such as restaurants, hotels, and other service sectors.
Still, Kristi Bartlett, director of economic development for Coral Springs, sees some bright spots coming in the local economy.
“As the holiday season approaches, stores will likely hire to meet the demand, so the rate should continue to decline,” she said. “I think that it is a good sign that we are seeing a decline in the unemployment rate, and we are now lower than the state.”
More Coral Springs Local News:
Know a story we should share with our readers? Email editor Leon Fooksman (firstname.lastname@example.org) and tell him about it.