Private-sector businesses in Florida added 32,000 jobs in October, dropping unemployment slightly in the state to 6.0 percent.
That still remains slightly above the national unemployment rate of 5.8 percent with the creation of 214,000 jobs across the country. That marks the nation’s lowest unemployment levels since July 2008 when President George W. Bush was in office.
“As the state’s primary economic indicators continue to improve month after month, Florida is showing the nation that low tax, pro-growth policies make a difference for families,” said Jesse Panuccio, the executive director of Florida’s Department of Economic Opportunity, in a release from the governor’s office. “The 32,000 new private sector jobs, the 268,m000 job openings, and an unemployment rate down to 6.0 percent mean that Florida is getting back to work.”
Florida’s labor force has increased for the past 56 months, the governor’s office said. This economic indicator can be a sign of optimism as more people are entering the labor force with confidence in their prospects for finding employment.
Job postings compiled from Help Wanted OnLine data by the governor’s office showed 268,453 openings in October. The state’s 24 regional work force boards reported more than 39,200 people were placed in jobs, which counts for employment and training assistance through a CareerSource Center that places someone within 180 days of seeking help. Of those people, more than 8.300 of them had previously received unemployment benefits.