Today, Governor Rick Scott announced that the West Palm Beach metro area experienced positive annual job growth, with an increase 15,300 jobs over the year in April 2014. The metro area’s unemployment rate declined by 1.5 percentage points over the year, from 7.1 percent in April 2013 to 5.6 percent in April 2014.
Governor Scott said, “With an unemployment rate down to 5.6 percent and 15,300 new jobs created over the year, our policies to grow jobs are working in the West Palm Beach area. It is vital that every family benefits from our policies, so let’s keep working to make sure that our opportunity economy continues to grow jobs for Florida families.”
The industries with the largest job gains over the year were in professional and business services with 6,500 new jobs and education and health services with 2,900 new jobs. In April 2014, the West Palm Beach metro area was among the top three metro areas in Florida for gains over the year in education and health services and construction.
In April 2014, the West Palm Beach metro area had 19,841 online job openings. The metro area also had 4,390 STEM occupation openings. STEM is an acronym for science, technology, engineering and mathematics, and these jobs are considered high wage and high skill.
In April, CareerSource Palm Beach County, along with the state’s other 23 Regional Workforce Boards, reported more than 42,506 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, 8,851 previously received Reemployment Assistance. In 2013, more than 479,064 Floridians were placed in jobs, with 135,384 former claimants finding employment.
Florida’s statewide unemployment rate for April 2014 was 6.2 percent and the state’s labor force again increased over the month and over the year for the fourth month in a row. Florida’s statewide unemployment rate has been below the national unemployment rate since August 2013, which was 6.3 percent in April 2014. Since December 2010, Florida has created 600,400 private sector jobs.
To view the April 2014 employment data visit www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.