A Florida TaxWatch economic report
Florida's mid-year job growth steady
In mid-July, the U.S. Bureau of Labor Statistics announced that 37,400 jobs were created in Florida in June, more net new jobs than any other state in the U.S. This Economic Commentary details that job growth by analyzing the monthly job creation, the major categories of jobs, and the job growth rate of the Metropolitan Statistical Areas of Florida.
Monthly Job Growth
Data on total non-agricultural employment for Florida shows that job creation data can change significantly by month, which is clearly reflected in the chart below. Although Florida showed a negative monthly job growth rate in May 2014, the net job growth from January 2014 through June 2014 was 119,400 jobs, which represents more than a 30 percent increase over the 91,800 jobs created from January 2013 through June 2013.1
1 Current Employment Statistics. Florida Department of Economic Opportunity. Nonagricultural Employment by Industry. Seasonally Adjusted.
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