Today, Governor Rick Scott announced the Cape Coral –Ft. Myers-Metropolitan Statistical Area (MSA) was among the top 12 job growth metros in February 2013, gaining 2,200 jobs over the year. The Ft. Myers MSA also experienced a 1.9 percentage point decline in the unemployment rate during the same time period, down to 7.4 percent. Additionally, the metro area has experienced positive annual job growth for 32 consecutive months. The Ft. Myers metro area’s February 2013 unemployment rate was the lowest it has been in four years.
Construction and housing starts in the Cape Coral – Ft. Myers metro area were up over the year in February 2013 (+73 units, +65.8 percent) and also up over the month (+24 units, +15.0 percent).
Governor Scott said, “The Cape Coral – Ft. Myers metro area annual job growth has been positive for 32 consecutive months. Statewide, we’ve added more than 290,000 private-sector jobs over the last two years, which means we’re providing hundreds of thousands of opportunities for families across the Sunshine State to achieve their version of the American Dream.”
The Manpower Employment Outlook Survey released in early March indicated that 15 percent of the companies interviewed in the Cape Coral- Ft. Meyers MSA plan to hire more employees, with 77 percent expecting to maintain their current workforce levels.
In February, Southwest Florida Works along with the state’s other 23 Regional Workforce Boards reported more than 38,000 Floridians were placed in jobs. An individual who receives employment and training assistance through a One-Stop Career Center and finds a job within 180 days is deemed a placement and may be reported by a regional workforce board. Of these individuals, 11,034 previously received Reemployment Assistance. In 2012, more than 426,000 Floridians were placed in jobs, with nearly 111,173 former claimants finding employment.
Florida’s unemployment rate decreased to 7.7 percent, down from the revised January 2013 rate of 7.9 percent and the lowest since October 2008. The state experienced an increase of 7,700 private sector jobs over the month and 139,200 jobs were created since February 2012. This increase brings the total number of private sector jobs created since December 2010 to 294,200. Since Governor Scott took office, the state’s unemployment rate has dropped 3.4 percentage points.
To view the February 2013 monthly employment data, visit: