Florida cities' economic growth linked to local unemployment rates, study finds.
The study looked at how economic growth affects unemployment rates in different areas of Florida from 1990 to 2015. They found that when output increases, unemployment decreases in a range from -0.19 to -0.24. Changes in unemployment in one area can also be influenced by the economic growth of neighboring areas. On average, each area's potential output growth rate is between 1.7 to 2.7 percent.