TALLAHASSEE, Fla. – April 19, 2013 – Florida saw 32,400 private-sector jobs created last month, according to data released this morning, knocking down the state’s unemployment rate 0.3 percentage points to 7.5 percent. It’s the strongest unemployment rate since October 2008.
“It is great news that our unemployment rate is below the national average at 7.5 percent and that we created more than 32,000 jobs in March,” Gov. Scott said in a release.
Over the month, the state had an increase of 32,400 private-sector jobs, meaning that 32,400 Floridians have been placed in new jobs and are earning wages. Florida’s job growth rate is faster both over the month and over the year than the nation. Since Dec. 2010, Florida added a total of 321,700 private-sector jobs.
March job data from Florida Department of Economic Opportunity
• Florida had 7,507,100 in March 2013, up 141,300 jobs year-to-year. It was the 32nd consecutive month with positive annual job growth following a three-year period of job losses.
• The leisure and hospitality industry gained the most jobs: 45,300 jobs year-to-year and 4.6 percent month-to-month.
• Other industries gaining jobs included trade, transportation, and utilities (+42,300 jobs, +2.8 percent); professional and business services (+25,100, +2.4 percent); private education and health services (+24,000 jobs, +2.2 percent); construction (+8,500 jobs, +2.5 percent); financial activities (+4,200 jobs, +0.8 percent); and other services (+3,200 jobs, +1.0 percent).
• Industries that lost jobs over the year include government (-8,400 jobs, -0.8 percent), manufacturing (-2,700 jobs, -0.9 percent), and information (-300 jobs, -0.2 percent).
• These industry job losses were partially due to declines in local government, miscellaneous durable goods manufacturing, and telecommunications.
Local unemployment statistics (Not seasonally adjusted)
• In March 2013, Monroe County (3.8 percent) had the state’s lowest unemployment rate, followed by Walton County (4.3 percent), Okaloosa County (4.8 percent), Alachua County (5.1 percent), and St. Johns County (5.3 percent). Many of the counties with the lowest unemployment rates were those with relatively high proportions of government employment. Strong population growth was also a contributing factor.
• Hendry County had the highest unemployment rate (10 percent) in Florida in March, followed by Flagler County (9.5 percent), Putnam County (9.4 percent), Miami-Dade County (9.2 percent), and St. Lucie County (8.8 percent).
Hendry County had the highest unemployment rate in the state mainly due to long-term losses in state government jobs. Hendry County was the only county in Florida with a double-digit unemployment rate in March. In February, three counties had jobless rates above 10 percent.
• Nineteen of 22 metro areas in the state had over-the-year job gains in March. The areas with the largest gains were Tampa-St. Petersburg-Clearwater (+35,900 jobs, +3.1 percent), Jacksonville (+16,700 jobs, +2.8 percent), and Ft. Lauderdale-Pompano Beach-Deerfield Beach (+14,500, +2.0 percent).
• Of the three metro areas experiencing over-the-year job declines, Panama City-Lynn Haven-Panama City Beach (-1,200 jobs, -1.6 percent) experienced the greatest decline followed by Palm Coast (-100 jobs, -0.5 percent) and Punta Gorda (-100 jobs, -0.2 percent).
For a complete breakdown on employment by area, visit the Florida Department of Economic Opportunity website. (Link underlined to: http://www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases)
© 2013 Florida Realtors®
“It is great news that our unemployment rate is below the national average at 7.5 percent and that we created more than 32,000 jobs in March,” Gov. Scott said in a release.
Over the month, the state had an increase of 32,400 private-sector jobs, meaning that 32,400 Floridians have been placed in new jobs and are earning wages. Florida’s job growth rate is faster both over the month and over the year than the nation. Since Dec. 2010, Florida added a total of 321,700 private-sector jobs.
March job data from Florida Department of Economic Opportunity
• Florida had 7,507,100 in March 2013, up 141,300 jobs year-to-year. It was the 32nd consecutive month with positive annual job growth following a three-year period of job losses.
• The leisure and hospitality industry gained the most jobs: 45,300 jobs year-to-year and 4.6 percent month-to-month.
• Other industries gaining jobs included trade, transportation, and utilities (+42,300 jobs, +2.8 percent); professional and business services (+25,100, +2.4 percent); private education and health services (+24,000 jobs, +2.2 percent); construction (+8,500 jobs, +2.5 percent); financial activities (+4,200 jobs, +0.8 percent); and other services (+3,200 jobs, +1.0 percent).
• Industries that lost jobs over the year include government (-8,400 jobs, -0.8 percent), manufacturing (-2,700 jobs, -0.9 percent), and information (-300 jobs, -0.2 percent).
• These industry job losses were partially due to declines in local government, miscellaneous durable goods manufacturing, and telecommunications.
Local unemployment statistics (Not seasonally adjusted)
• In March 2013, Monroe County (3.8 percent) had the state’s lowest unemployment rate, followed by Walton County (4.3 percent), Okaloosa County (4.8 percent), Alachua County (5.1 percent), and St. Johns County (5.3 percent). Many of the counties with the lowest unemployment rates were those with relatively high proportions of government employment. Strong population growth was also a contributing factor.
• Hendry County had the highest unemployment rate (10 percent) in Florida in March, followed by Flagler County (9.5 percent), Putnam County (9.4 percent), Miami-Dade County (9.2 percent), and St. Lucie County (8.8 percent).
Hendry County had the highest unemployment rate in the state mainly due to long-term losses in state government jobs. Hendry County was the only county in Florida with a double-digit unemployment rate in March. In February, three counties had jobless rates above 10 percent.
• Nineteen of 22 metro areas in the state had over-the-year job gains in March. The areas with the largest gains were Tampa-St. Petersburg-Clearwater (+35,900 jobs, +3.1 percent), Jacksonville (+16,700 jobs, +2.8 percent), and Ft. Lauderdale-Pompano Beach-Deerfield Beach (+14,500, +2.0 percent).
• Of the three metro areas experiencing over-the-year job declines, Panama City-Lynn Haven-Panama City Beach (-1,200 jobs, -1.6 percent) experienced the greatest decline followed by Palm Coast (-100 jobs, -0.5 percent) and Punta Gorda (-100 jobs, -0.2 percent).
For a complete breakdown on employment by area, visit the Florida Department of Economic Opportunity website. (Link underlined to: http://www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases)
© 2013 Florida Realtors®
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