Except for this,
The state's "labor-force participation rate" — the percentage of working-age Floridians in a job or looking for one — has slipped from 64.2 percent in 2007 to 61.1 percent in 2010 and 60.2 percent in December 2012. Florida's average labor-force participation rate for all of 2012 was 60.4 percent, the lowest annual level since 1985.
The declining rate is important because it artificially amplifies progress on unemployment. With fewer people in the labor pool, it is mathematically easier to drive down the jobless rate. In Florida's case, the impact is significant, said Rollins College economist William Seyfried.
The unemployment rate fell from a high of 11.4 percent in February 2010 to 8 percent in December 2012. But if the labor-force participation rate had remained constant, December's jobless rate would have been more than 2 percentage points higher, Seyfried said