Florida businesses created more than 22,000 jobs in August
For the 53rd consecutive month, Florida’s annual job growth rate of 3.4 percent is also exceeding the nation’s rate of 1.9 percent. Since December 2010, 1,191,900 private-sector jobs have been created in Florida.
The state’s unemployment rate remained at 4.7 percent in August, the lowest rate since November 2007.
Private-sector industries gaining the most jobs over the year in August were:
- professional and business services with 59,800 new jobs, growing at a rate of 4.9 percent;
- education and health services with 47,900 new jobs, growing at a rate of 4.0 percent; and
- leisure and hospitality with 38,000 new jobs, growing at a rate of 3.3 percent.
Florida job postings showed 248,768 openings in August 2016. In August, Florida’s 24 regional workforce boards reported more than 33,058 Floridians, including 1,526 veterans, were placed in jobs.
Labor force increased by 72,000 (0.7 percent) over the year in August 2016. July’s job creation numbers were also revised up to 35,100 new jobs. ■