July 29, 2014

A Florida TaxWatch economic report

Economic Report on Florida's 2013 Job Growth

| 1/30/2014

2013 Job Losses

Total Government was the only main category that experienced job losses in the 2013 calendar year. The largest loss was in Federal Government. Although state government employment also dropped, local government employment actually increased by 1,900 jobs. This is a change from 2012, when all government sectors showed job losses.

Total Government
  Dec. 2013 Dec. 2013
Federal 132,600 130,100 (2,500)
State 207,200 206,100 (1,100)
Local 733,700 735,600 1,900


Conclusion

Florida’s economy continues to produce private sector jobs at a rate much higher than in 2011 and 2012. For the first time in three years, job gains were noted in all private sector categories.

Florida had a good year for job creation in 2013, creating the highest per capita job increases for any of the high-population states in the U.S. This, along with the continuing decrease in the state’s unemployment rate, shows that Florida’s economy has accelerated its job creation over the last two years and continues to improve.

Looking at potential job growth in 2014, Florida’s economy is expected to continue to produce jobs in sectors important in diversifying the economy and creating high-wage jobs. Florida’s key investments in infrastructure, led by improvement in our ports and connected parts of the logistics infrastructure will pay dividends. These investments, along with continued recruitment of companies to Florida as well as the expansion of Florida’s existing companies will continue to produce jobs that will provide good incomes for Florida families, and keep graduates of Florida colleges and universities in our state.


TAXWATCH CENTER FOR COMPETITIVE FLORIDA ADVISORY BOARD

Florida Tax Watch

BOARD CHAIRMAN
SENATOR GEORGE LEMIEUX
Chairman of the Board, Gunster

BOARD MEMBERS
MR. JOHN B. ZUMWALT III

President, thezumwaltcompany
Florida TaxWatch Chairman & Immediate Past Chair, CCF Advisory Board

This Florida TaxWatch report is also available in PDF format:
"Florida’s 2013 Job Growth"

WILLIAM E. CARLSON, JR
President, Tucker/Hall

MR. MARSHALL CRISER, III
President, AT&T Florida
Immediate Past Chairman, Florida TaxWatch

MR. DOUG DAVIDSON
Market Executive, Bank of America Merrill Lynch

MR. J. CHARLES GRAY
Chairman, GrayRobinson Law Firm

MR. JON FERRANDO
Executive VP & General Counsel, AutoNation, Inc.

GOVERNOR BOB MARTINEZ
Sr. Policy Advisor, Holland & Knight

MR. DAVE MCINTOSH
Trustee, BlueField Ranch Mitigation Bank Trust

MR. JAMES M. REPP
Senior VP, AvMed Health Plans

MS. MICHELLE A ROBINSON
President, SouthEast Region, Verizon

MR. DAVID A. SMITH
Former Chairman, Florida TaxWatch

MR. MICHAEL SOLE
VP for State Governmental Affairs, Florida Power & Light

TRACY WILLIS
Vice President, The Walt Disney Company


Economic Commentary written by
Jerry D. Parrish, Ph.D., Chief Economist, and Executive Director of the Center for Competitive Florida, with assistance from Jennifer Linares, MS, Research Analyst.

Robert Weissert, Chief Research Officer & General Counsel
Chris Barry, Director of Publications

John Zumwalt, III, Chair, Florida TaxWatch
Sen. George LeMieux Chair, Center for Competitive Florida
Dominic M. Calabro, President, CEO, Publisher, and Editor

Florida TaxWatch Research Institute, Inc.
www.floridataxwatch.org
Copyright © Florida TaxWatch, January 2014

Tags: Banking & Finance, Florida TaxWatch

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