Florida showed promising economic indicators for the month of April. Florida's private-sector businesses created more than 16,000 jobs in April, with the Sunshine State's annual private-sector job growth rate of 2.7 percent continuing to outpace the national job growth rate of 2.0 percent.
Florida's unemployment rate currently sits at a low 3.4 percent.
“Governor DeSantis’ bold vision for Florida’s economic future is working,” said Executive Director of the Florida Department of Economic Opportunity Ken Lawson. “Our low unemployment rates and high job creation shows that Floridians are benefiting from a robust and diverse economic environment. We will continue to prioritize disaster recovery, community investments and workforce development so Floridians can create resilient communities across the state.”
Other positive economic indicators include:
- Private-sector industries gaining the most jobs over-the-year were:
- Education and health services with 46,800 new jobs;
- Professional and business services with 42,700 new jobs;
- Leisure and hospitality with 32,000 new jobs;
- Trade, transportation and utilities with 24,600 new jobs;
- Construction with 22,600 new jobs; and
- Financial activities with 18,800 new jobs.
- Florida job postings showed 281,453 openings in April 2019.
- Consumer Sentiment Index is 102 in April 2019, the highest level in 17 years.
Job growth also continued to rise in cities like Ft. Lauderdale, Jacksonville, Miami, Orlando, and Pensacola.
To view the April 2019 employment data, click HERE