Today, Governor Rick Scott announced the Tampa-St. Petersburg-Clearwater Metropolitan Statistical Area (MSA) led all Florida metro areas in over the year job creation, with a gain of more than 35,900 jobs. The MSA also experienced a 2.2 percentage point decline in the unemployment rate over the last year, down to 6.9 percent from 9.1 percent in March 2012. Additionally, since December 2010 the MSA’s unemployment rate has declined 4.5 percentage points, dropping from 11.4 percent to 6.9 percent.
Governor Scott said, “The fact that the Tampa Bay area has gained 35,900 jobs over the last year clearly demonstrates that the steps we’re taking to create jobs and opportunities for Florida families are working.”
The Tampa-St. Petersburg-Clearwater MSA led all metro areas in Florida in job gains over the year with 35,900, and also led the state in the following industries (not seasonally adjusted):
- Professional and Business Services (+11,500 jobs)
- Trade, transportation, and utilities (+9,500 jobs)
- Education and Health Services (+7,600 jobs)
- Other services (+1,500 jobs)
The Tampa-St. Petersburg-Clearwater MSA’s unemployment rate dropped from 9.1 percent last March to its current rate of 6.9 percent (not seasonally adjusted). Additionally, Hernando County’s rate dropped from 11.6 percent down to 8.4 percent, while Pasco County’s rate dropped 2.9 percentage points from 10.4 percent down to 7.5 percent. Hillsborough County’s rate decreased 2 percentage points, from 8.6 percent to 6.6 percent and Pinellas County’s rate declined to 6.7 percent from 8.9 percent, a 2.2 percentage point change.
Housing starts in the Tampa-St. Petersburg-Clearwater metro area were up in February 2013 over the year (+167 units, +40.2 percent). The Tampa-St. Petersburg-Clearwater MSA was first among the state metro areas in online job demand in March 2013 with 41,007 openings. The metro area was also first in the state in demand for STEM occupations with 10,888 openings in March. STEM is an acronym for science, technology, engineering and mathematics, and these jobs are considered high wage and high skill.
In March, WorkNet Pinellas and Tampa Bay Workforce Alliance along with the state’s other 23 Regional Workforce Boards reported more than 32,800 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, 8,736 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 7.5 percent, down from the revised February 2013 rate of 7.8 percent and the lowest since October 2008. The state experienced an increase of 32,400 private sector jobs over the month. This increase brings the total number of private sector jobs created since December 2010 to 321,700. Since Governor Scott took office, the state’s unemployment rate has dropped 3.6 percentage points.
To view the March 2013 monthly employment data, visit: