FloridaCommerce Announces that Florida’s Private Sector Job Growth Continues to Outpace the Nation in August
Today, FloridaCommerce announced that Florida’s private sector job growth continues to surpass the national average, with a growth rate of 2.1% over the year since August 2023, compared to the national rate of 1.4% over the same time period. This success is attributed to Florida’s strategic investments in workforce education and development, driving high-demand, high-wage jobs that benefit both job seekers and employers.
Florida’s statewide unemployment rate is 3.3%, nearly one percentage point lower than the national rate of 4.2% and has been lower than the national rate for 46 consecutive months. Florida employers have added jobs in 50 of the last 52 months, and Florida’s over-the-year private sector job growth rate has exceeded the national rate for 41 consecutive months.