Governor Rick Scott today announced that in June 2013, Florida created more jobs and the statewide unemployment rate remained below the national average. At 7.1 percent, the state’s May and June unemployment rates were the lowest since September 2008. Florida’s unemployment rate remains below the national average of 7.6 percent for the fourth consecutive month. During the month of June, 2,300 private sector jobs were added, for a total of more than 333,000 private sector jobs since December 2010.

Governor Scott said, “Florida’s June unemployment rate of 7.1 percent will continue to contribute to the long-term trend of decreasing unemployment throughout the state. The creation of more than 2,000 private sector jobs last month is further evidence of the state’s continuing economic recovery. As Florida families are getting back to work, it is clear that IT’S WORKING.”

Since December 2010, Florida’s statewide unemployment rate has dropped four percentage points, from a rate of 11.1 percent to June’s rate of 7.1 percent. In the same timeframe, the national unemployment rate has dropped 1.7 percentage points, demonstrating Florida’s improving economic climate continues to outpace the national recovery. Florida’s unemployment rate has now declined year-over-year for 32 consecutive months.

More Jobs Being Created

  • Florida experienced positive annual job growth for 35 consecutive months.
  • Florida’s job growth month-to-month has been positive for 22 of the last 24 months.
  • 2,300 private sector jobs were created in June 2013.
  • More than 333,000 new private sector jobs have been created in Florida since December 2010.
  • Florida is expected to create more than 900,000 new jobs by 2018, according to the Florida Economic Estimating Conference.
  • Florida job postings compiled by the Help Wanted OnLine data series from The Conference Board increased in June by 1,763 openings (+1.6 percent) over the year to reach a total of 256,400 (seasonally adjusted). Job postings in Florida also increased over the month compared to May 2013 by 7,983 openings (+3.2 percent).

Home Sales Robust

  • Home sales remain robust as the backlog of existing homes on the market is down by 32 percent from May 2012.
  • Florida housing starts were up over the year in May 2013 (the most recent month available) by 45.1 percent and median home prices were up 15.9 percent in May 2013 over the year.

Economic Growth Trends Up Across State

  • A recent U.S. Census Survey reported that Florida experienced an influx of people moving into the state. Florida also led the nation in migrations from Puerto Rico.
  • Florida is running a trade surplus of over $18 billion – with $90.4 billion in exports and $71.8 billion in imports in 2012, up from $73.1 billion in exports in 2010 and $53.2 billion in imports in 2010.

Workforce Boards Assisting in Employment

  • In June, Florida’s 24 Regional Workforce Boards reported more than 35,400 Floridians were placed in jobs. This represents an increase of more than 6,800 placements over the year from June 2012. 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, 9,859 previously received Reemployment Assistance.
  • In 2012, more than 426,000 Floridians were placed in jobs, with 111,173 former claimants finding employment.

To view the June 2013 monthly employment data visit:

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

 

 

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