Palm Beach County’s unemployment rate jumps in January

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Palm Beach County’s jobless rate jumped in January as the ranks of the official work force swelled.

The county’s unemployment rate was 5.2 percent in January, Florida’s labor department said Monday. That’s up from 4.6 percent in December and 4.8 percent a year ago.

More than 721,000 Palm Beach County residents were counted in the county’s formal labor market in January, up from less than 700,000 in January 2016.

So even though more people are working, unemployment rose to its highest level since last summer.

Meanwhile, Palm Beach County’s 2.8 percent pace of job growth over the past year continued to trail the state’s growth rate of 3.2 percent, but by a narrower margin than in past months.

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