Florida Has Strong Jobs Gain In March

Dated: 04/27/2015

Views: 358

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!

Blog author image

Rowan Samuel

Rowan Samuel has lived many lives. Originally from Zimbabwe (Rhodesia), he and his family immigrated to the U.S. in 1980 to escape the brutal Mugabe regime - they lost everything when they came to Am....

Want to Advertise on this Site?

Latest Blog Posts

Monthly Market Report For Q2 2018

Naples/Bonita/Estero/Marco Island 2nd Quarter Real Estate UpdateHere are the most recent sales trend for the 2nd Quarter of 2018.NAPLESSingle Family Homes The Quarter over Quarter (QoQ) rolling 12

Read More

Just Reduced 330 27TH ST NW Now 620000

Wow...check out this 2.73 acre estate in Golden Gate Estates.  Just Reduced to $620,000.330 27th Street NorthwestOwn your slice of Naples Paradise…check out this single story "estates" home

Read More

Air Conditioning Drain Lines And How Make Sure AC Stays Unclogged

Earlier this week, one of our tenants called and one of the air conditioners stopped working.  Over the years living in Florida, Karyn and I have dealt with many issues, but the dreaded air

Read More

Just Listed In Serafina At Tiburon 1950000

The Samuel Team at John R. Wood Properties is pleased to announce our newest listing at Tiburon.2954 Tiburon Boulevard EastJust Listed for $1,950,000This turnkey furnished, 4+ den villa in the

Read More