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Economy / Business

Florida Unemployment Down, But Jobs Decrease Too

Florida's unemployment rate dropped to 8.7 percent last month...but the state has 2,700 fewer jobs. That's the mixed message from April's employment report. The answer: discouraged unemployed workers continue to drop out of the labor force. The state's labor pool continues to shrink. Meanwhile, Tampa Bay's unemployment rate dropped to 8.5 percent -- very close to the 8.1 percent national average. But like the state, the region lost jobs -- about 600. It also lost its status as the fastest job creating region to Miami.