Noteworthy items from Friday’s Florida unemployment report:
- Palm Beach County unemployment dipped: It was 5.1 percent in August, down from 5.2 percent in July.
- Palm Beach County job growth remains comparatively tepid: Over the past year, Palm Beach County job growth was 2.3 percent. If we were in Texas or New York, that would be a strong showing. But in Florida, which posted 3 percent job growth over the past year, it’s not great.
- More middle-of-the-pack news: Palm Beach County’s unemployment is just above the statewide figure of 4.9 percent (seasonally unadjusted) and the national figure of 5 percent (also seasonally unadjusted).
- Income growth is strong: In a separate study — the U.S. Census Bureau’s American Community Survey — Palm Beach County’s median household income soared 8.5 percent from 2014 to 2015. That outpaced the national growth of 5.2 percent.