Florida’s job growth

The Florida Department of Economic Opportunity recently announced that Florida has experienced 16 consecutive months of job growth. In total, Florida has gained 990,400 jobs since April 2020. Florida’s unemployment rate of 5% for August 2021 dropped one-tenth of a percentage point from July 2021. For 13 consecutive months, the state of Florida’s unemployment rate has remained below the national rate, currently at 5.2%. Florida’s labor force also continues to grow substantially, increasing by 65,000 over the month. Over the last five months, Florida’s labor force has grown by 373,000. Florida’s unemployment rate also has lowered over the year, decreasing by 2.9%, according to the department of economic opportunity.