Gov. Scott: Fort Lauderdale Metro Area Gained 25,000 Jobs Over the Year

Today, Governor Rick Scott announced that the Fort Lauderdale-Pompano Beach-Deerfield Beach metro area gained 25,000 jobs, over the year. The Ft. Lauderdale metro area’s unemployment rate declined by 0.7 percentage point over the year, from 6.2 percent in March 2013 to 5.5 percent in March 2014. The metro area’s unemployment rate in March 2014 was tied for the third lowest rate in the state.

Governor Scott said, “This is great news for families in the Fort Lauderdale area – 25,000 jobs were added over the year and the unemployment rate is down to 5.5 percent in the metro area. We are working to create an opportunity economy and this is another great chapter in Florida’s turnaround story, so let’s keep working.

All ten major industry sectors in the metro area gained jobs over the year in March 2014. The industries with the largest job gains over the year were in trade, transportation, and utilities with 7,600 jobs new jobs, leisure and hospitality with 4,000 new jobs, and professional and business services with 3,400 new jobs.

In March 2014, the Ft. Lauderdale metro area was ranked fourth among all metro areas in Florida for online job demand with 23,038 openings and also ranked number four for STEM job openings with 5,304 job ads. Openings for STEM occupations were up by nearly 10 percent over the year compared with March 2013. STEM is an acronym for science, technology, engineering and mathematics, and these jobs are considered high wage and high skill.

In March, CareerSource Broward, along with the state’s other 23 Regional Workforce Boards, reported more than 40,890 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, 8,617 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 March 2014 was 6.3 percent and the state’s labor force again increased over the month and over the year. Florida’s statewide unemployment rate has been below the national unemployment rate since August 2013, which was 6.7 percent in March 2014. Since December 2010, Florida has created 563,900 private sector jobs.

To view the March 2014 employment data visit www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.

 

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