Palm Beach County’s labor market flirted with a record low in October, a month when unemployment fell to 3 percent.

That’s just above April’s all-time low jobless rate of 2.9 percent.

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In October, there were more than 745,000 Palm Beach County residents counted as part of the official work force. Just 22,487 were unemployed, the Florida Department of Economic Opportunity said Friday.

“It’s the best time in years to look for your first job or advance to a better one,” said Steve Craig, president and chief executive of the nonprofit CareerSource Palm Beach County.

The government sector was the biggest gainer among Palm Beach County industries. It added 3,200 positions over the past year.

Professional and business services added 2,400 jobs, while construction employers expanded by 1,700 positions compared to October 2018.

Amid a decade-long economic expansion, unemployment rates have plunged nationally and in Florida. The U.S. jobless rate was 3.6 percent in October, just above the 50-year low set the month before. And Florida unemployment stood at just 3.2 percent last month.

Among Florida’s 67 counties, unemployment ranged from a low of 2 percent in Monroe County to a high of 5.8 percent in rural Hendry County.


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