ORLANDO, Fla. – The percentage of Florida’s unemployment rate for the month of February this year is higher than the unemployment rate of the entire country.

The US’s rate sits at 4.7% while Florida’s rate is 5%, which is the same with the rate released last year. Florida’s rate remains the same despite the supposed increase of job opportunities and demands in the area. The February report also indicated that Florida’s labor pool is increasing in numbers.

However, according to economists, an unemployment standing of 5% and below is considered just normal. This study is based on the reality that multiple people migrate, job-hop, and do other basic shifts in their lives.

In the whole state, 62,000 were reportedly added to the human population resulting in a build-up of 65,000 job opportunities. Among the cities, Orlando generated 48,400 private sector jobs.

Metro Orlando’s February unemployment stands at 4.3%. It decreased from the former month’s 4.9%, and went down about 0.2% from last year’s rate.

This statistics came after the newly released U.S. Census stating that Metro Orlando is becoming one of the most populous cities, gaining 60,000 new residents last year. This instance might result similarly to a statement that if the number of people who continuously move to a location is higher than the number of offered jobs, then it will result to more jobless people. To some extent, this represents Florida’s unemployment rate.

In the whole state, professional industries related to trade, transportation, and construction are also increasing their job offers and business opportunities.

Last month, Metro Orlando offered 33,585 job openings. Most of these are high-waged, high-skilled work in the field of science, technology, engineering, and mathematics.

On a final note, the labor force that concludes Florida’s unemployment rate is in the population of 10,057,000, wherein 501,000 are jobless.