Last week I shared with you two posts on the economic recovery in Florida. Today's blog addresses the most recent job growth numbers.
Job growth in Florida continues it's upward swing with the Sunshine State adding 30,600 net new jobs in March with non-farm payrolls increasing a whopping 3.7 percent over the past year. Private sector payrolls have risen even faster adding 29,400 jobs in March and jumping 4.2 percent over the
past year, and our year-to-year growth in private sector employment is nearly twice that of the nation as a whole. Hiring was better in Florida because of the harsh winter weather in the Northeast and the West Coast port slowdown and of course our tourism during that same time helped boost hiring in the retail and hospitality sectors.
Most of Florida’s major areas posted strong gains over the past year, but Southwest Florida (specifically Naples & Cape Coral) were the leaders, climbing 5.2% and 4.0% over the past year. Not surprisingly, Orlando & Tampa were the big winners as far as the bigger total number of jobs growth (versus as a percentage).
This is the 6ht year of the economic recovery and non-farm employment in Florida remains 0.4 percent below its pre-recession peak. There are exciting times ahead for all of Southwest Florida!
Author:Rowan Samuel Phone: 239-298-3555 Dated: April 27th 2015 Views: 354 About Rowan: Rowan Samuel has lived many lives. Originally from Zimbabwe (Rhodesia), he and his family immigrate...
The Samuel Team are luxury real estate agents with John R. Wood Properties, focusing on waterfront, beachfront and luxury properties including high rise condos, condominiums, single family homes and villas in upscale communities throughout Southwest Fl. Our energy, enthusiasm and dedication will WOW you. We aim to please.
JUST LISTED BY THE SAMUEL TEAM$199,000The Samuel Team at John R. Wood
"We had a very good relationship with Kyle when moving to Florida from Michigan. Kyle listened to us and was able to show us what we asked for. He talked about places in the area that we would like to visit. Even about doctors and dentists. Kyle had to deal with our salesman long distance and was very professional . We are very impressed with the work he put in and would recommend Kyle to anybody wanting to buy a house in the Bonita Springs area. We love living in Florida and are forever grateful to Kyle"
bill cushman Bought a Condo home in 2014 for $175K in B