Gov. Scott: Naples-Marco Island Metro Area Unemployment Rate Down to 5.5 Percent

Today, Governor Rick Scott announced the unemployment rate in the Naples-Marco Island Metropolitan Statistical Area declined by 1.1 percentage points over the year, from 6.6 percent in March 2013 to 5.5 percent in March 2014. The MSA experienced positive annual job growth with an increase of 6,200 jobs over the year.

Governor Scott said, “With an unemployment rate down to 5.5 percent and 6,200 new jobs in the metro area over the year, we can see that families in the Naples are benefitting from our policies. While today’s announcement is great news, let’s keep working to make sure every Floridian who wants job can get one right here in South Florida.

The industries gaining the most jobs in this metro area over the year in March 2014 were in leisure and hospitality with 1,600 new jobs, construction with 1,500 new jobs, and trade, transportation, and utilities with 1,200 new jobs. In March 2014, the Naples-Marco Island MSA had the fastest annual job growth rate compared to all the metro areas in the state in total employment, with growth of 5.0 percent over the year. The metro area also had the fastest job growth rate in financial activities.

The Naples-Marco Island MSA had 4,886 online job openings in March 2014, growing by 10.0 percent over the year. The area also had 452 openings for STEM occupations. STEM is an acronym for science, technology, engineering and mathematics, and these jobs are considered high wage and high skill.

In March, CareerSource Southwest Florida, 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.

 

Comments are closed.