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 Economic Development News 
Thursday, September 22 2016

Fort Myers, FL -- Governor Rick Scott announced that Florida businesses created 22,600 private-sector jobs across the state during August, bringing the total number of jobs created in 2016 to 167,100. For the 53rd consecutive month, Florida’s annual job growth rate of 3.4 percent is also exceeding the nation’s rate of 1.9 percent. Since December 2010, 1,191,900 private-sector jobs have been created in Florida. The state’s unemployment rate remained at 4.7 percent in August, the lowest rate since November 2007. Gov. Scott made the announcement at All Access Multimedia, a marketing and production company in Ft. Myers that specializes in commercials, web video and infomercials.

Gov. Rick Scott said, “I am proud to announce that Florida businesses created more than 22,000 new jobs last month and that Florida’s annual job growth rate has outpaced the nation for almost four and a half years. In addition to today’s great news, this week we also announced that two businesses, Hotwire Communications and Intellitech, chose to relocate their headquarters from other states to Florida and create hundreds of new jobs. It’s clear that our low tax, business friendly environment continues to send a strong message across the country that Florida is the best location for businesses to grow. We will continue to do all we can to outcompete other locations for new opportunities so we can make Florida first for jobs.”

Cissy Proctor, Executive Director of the Florida Department of Economic Opportunity, said, “Florida’s strong economy is bolstered each month with the addition of thousands of new jobs. I am proud that in just eight months, more than 167,000 people have been empowered to secure financial stability for themselves and their families through a new job.”

Other positive economic indicators include:

  • Private-sector industries gaining the most jobs over the year in August were:
  • professional and business services with 59,800 new jobs, growing at a rate of 4.9 percent;
  • education and health services with 47,900 new jobs, growing at a rate of 4.0 percent; and
  • leisure and hospitality with 38,000 new jobs, growing at a rate of 3.3 percent.
  • Florida job postings showed 248,768 openings in August 2016.
  • In August, Florida’s 24 regional workforce boards reported more than 33,058 Floridians, including 1,526 veterans, were placed in jobs.
  • Labor force increased by 72,000 (0.7 percent) over the year in August 2016.
  • July’s job creation numbers were also revised up to 35,100 new jobs.

To view the August 2016 employment data visit www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:57 am   |  Permalink   |  Email

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