Florida businesses added 479,300 total jobs, up 5.6% year-on-year
VIDEO ABOVE: Governor DeSantis is announcing more than $10 million in funds for Sarasota on Friday to help with resilience and mitigation.
TALLAHASSEE, FL – Governor Ron DeSantis announced that Florida’s December 2021 economic data topped the nation with 20 straight months of job growth and 14 straight months of labor force increases.
Floridians remain confident in their ability to find jobs, with Floridian businesses adding 479,300 jobs in total, up 5.6% on the year, faster than the national employment growth rate of 4, 5%.
Florida’s 14 months of labor force growth has resulted in a larger labor force than in February 2020, before the pandemic.
Over the past year, Florida’s labor force has grown 6.1%, which is more than six times faster than the nation. This strong growth is an excellent indicator of consumer confidence in the job market.
“Month after month, the data continues to show that freedom-oriented economic policies create jobs and keep our economy moving,” Governor Ron DeSantis said.
“Our new businesses and the growth of our workforce show that Floridians have the opportunities they need to thrive. We will continue to lead the country in economic growth because we value the individual freedoms of Floridians and protect our citizens’ ability to succeed.
All of Florida’s major industries continued to gain jobs during the year. The major industries that have recouped all of the jobs lost during the pandemic are essential industries that are helping to continue diversifying the state’s economy.
These industries include construction; trade, transport and public services; financial activities; and professional and business services.
Additionally, Florida’s unemployment rate remained low, declining 0.1 percentage points to 4.4% during the month.
“Governor DeSantis continues to prioritize investments in industries that further diversify our state’s economy,” said Florida Department of Economic Opportunity Secretary Dane Eagle. “Floridians remained confident in their ability to find good jobs to continue supporting their families and improving their quality of life. Together with Governor DeSantis, I remain committed to continuing to make Florida an attractive state for business and workforce growth for years to come.
Data from December indicates that many job opportunities are available for Floridians across the state, with nearly 550,000 jobs posted online.
Floridians looking for work and new employment opportunities are encouraged to turn to the CareerSource Florida network for assistance. Floridians can find tips for registering with Employment Florida and searching for listings of available local job postings.
Job seekers can also improve their employability by honing their resume writing and interviewing skills, setting career goals, and taking personalized job training. These services are offered free of charge to job seekers.
Florida economic indicators for December 2021 include:
◾The unemployment rate was 4.4%, down 0.1 percentage point over the month.
◾The labor force increased by 29,000 during the month, bringing the December 2021 total to 10,660,000.
◾Florida’s labor force growth represents a 6.1% year-on-year increase, compared to 1.0% nationally.
◾Florida businesses gained 11,900 private sector jobs during the month.
◾Florida’s private sector employment grew by 461,200, or 6.2%, during the year, higher than the national rate of 5.0%.
◾The private sector industries that gained the most jobs during the month were:
◾Leisure and Hospitality with 8,400 new jobs.
◾Commerce, transport and public services with 7,200 new jobs.
◾Other Services with 4,300 new jobs.
◾Education and health services with 1,100 new jobs.