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Florida grows faster than the nation in September

Florida has experienced this magnitude of monthly private sector job growth only four other times in the past 30 years. Additionally, Florida has experienced 11 consecutive months of workforce increases, adding 50,000 workers during the month. Florida’s workforce growth represents a 5.4% increase for the year, which is significantly higher than the national rate of 0.8%. Total, Florida has gained more than a million jobs since April 2020.

“While the entire nation gained 194,000 jobs in September, Florida gained 84,500 jobs in the same month – we are outpacing the nation in growth and job opportunities because businesses know Florida will defend them,” the governor said. “Despite tremendous headwinds and national economic uncertainty, Florida has reached a level of job growth that has only been seen four other times in the last 30 years. We will continue to work hard to keep Florida open, free and ready for opportunity. “

https://twitter.com/GovRonDeSantis/status/1451634705464442892

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Florida’s unemployment rate of 4.9% for September 2021 fell 0.1 percentage point from August 2021. Florida continues to experience substantial increases in the workforce compared to the nation, meaning more people are actively returning to look for work and They rely on the state’s economy to give them the ability to find a new job. While Florida continues to experience a steady increase in the workforce, the nation experienced a decline in the workforce, which may be a sign that job seekers in other states are losing confidence in job opportunities and have stopped looking for work.

Florida’s workforce increased by 540,000 during the year, and 423,000 of that increase occurred in the past six months. This continues to show the success of the state’s “Back to Work” initiative as more Floridians return to the workforce. Florida’s unemployment rate has declined during the year, decreasing by 2.3 percentage points. Data for the month of September indicates that there are still many job opportunities available to Floridians across the state, with more than 520,000 jobs posted online.

“Under Governor DeSantis’ leadership, Florida is seeing positive economic signs that our state’s economy has recovered quickly and successfully,” said Secretary Dane Eagle of the Florida Department of Economic Opportunity. “Under Governor DeSantis’ leadership, Florida is seeing positive economic signs that our state’s economy has recovered quickly and successfully,” said Secretary Dane Eagle of the Florida Department of Economic Opportunity.

He added that “Florida continues to provide meaningful job opportunities for people who move to our state and join our workforce. With our unemployment rate declining and the workforce growing, we will work to promote this great success by making investments that continue to strengthen our economy and increase our state’s resilience. “

Florida’s economic indicators for September 2021 include the following:

  • Florida gained a total of 84,500 jobs during the month.
  • Florida businesses gained 72,700 private sector jobs during the month.
  • The workforce increased by 50,000 during the month, bringing the September 2021 total to 10,593,000.
  • Florida’s workforce growth represents a 5.4% increase over the year compared to 0.8% nationally.
  • Florida’s private sector employment increased 411,400, or 5.6%, during the year, higher than the national rate of 4.6%.
  • Florida’s private sector job growth rate for the month was 0.9%, three times higher than the national rate of 0.3%.
  • The private sector industries that obtained the most jobs during the month were:
  • Leisure and hospitality with 26,600 new jobs
  • Commerce, transport and public services with 19,200 new jobs
  • Professional and business services with 10,400 new jobs
  • Construction with 6,900 new jobs
  • Education and health services with 6,300 new jobs

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