Metro area led the way in job creation in Construction and Manufacturing

 Today, Governor Rick Scott announced that the Fort Lauderdale-Pompano Beach-Deerfield Beach metro area’s February 2013 unemployment rate of 6.2 percent was the third lowest in the state among all metro areas, dropping 1.6 percentage points from a year ago rate of 7.8 percent. The metro area’s unemployment rate declined 3.1 percentage points from the December 2010 rate of 9.3 percent.  The metro area also gained14,000 jobs from February 2012 to February 2013.

Governor Scott said, “With unemployment down in the Fort Lauderdale area by 3.1 percentage points since December 2010, the increased job growth is proof that the steps we are taking to improve Florida’s economy is working. Statewide, we have added more than 290,000 private-sector jobs over the last two years, and as we continue to focus on greater economic growth, we will provide even more opportunities for Florida families.”

In February, the Ft. Lauderdale metro area added the most jobs over the year in construction (+4,100) and manufacturing (+1,100).  The metro area was also tied with three other areas in annual job gains in information (+100). The metro area has gained the most jobs in manufacturing for four consecutive months.

Additionally, housing starts were up over the year (+141.5 percent) in the Ft. Lauderdale-Pompano Beach-Deerfield Beach metro area in February 2013, not seasonally adjusted.

In February, Workforce One 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:

www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.

 

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