Florida’s statewide unemployment rate continues to be lower than the national average as the state has added jobs 22 months in a row, Gov. Ron DeSantis (R) announced on Friday.
Florida’s statewide unemployment rate continues to be lower than the national average as it has added jobs 22 months in a row, Gov. Ron DeSantis announced on Friday.
The Sunshine State is surpassing pre-pandemic rates in terms of economic growth, with the unemployment rate down to 3.3 percent — 0.5 percent lower than the nation’s. It has now been lower than the nation’s for 15 consecutive months. Further, Florida’s private sector added 52,000 jobs in February 2022 — 0.6 percent over last month.There were 8,132,300 private sector jobs statewide in February 2022, an increase of 525,200 jobs, or 6.9 percent, over the year.
Florida’s total private employment grew by 52,000 over the month, faster than the national rate of 0.5. Between February 2021 and February 2022, total private employment grew by 525,200 jobs . This was faster than the national private sector job growth rate of 5.2 percent over the same time period. As of February 2022, Florida employers have added jobs for 22 consecutive months since May 2020. Florida’s private sector over-the-year job growth rate has exceeded the nation’s for 11 consecutive months since April 2020.– our unemployment rate fell to 3.3%, well below the national average
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