Did You Know Florida Job Growth is Up Nearly 17 Percent Since the Recession?
By: Tracey Lowe
As we return to work after the Labor Day celebration of our nation’s workforce, now is a good time to reflect on how far Florida has come since the recession. The state’s job growth rate has risen steadily, adding nearly 1 million jobs since 2010 for an increase of 16.5 percent. Florida’s unemployment rate has dropped from 11.4 percent, at the height of the recession, to 5.4 percent.
While Florida is on the right track, there is still more work to be done. The Florida Chamber Foundation estimates that by 2030, the state will need an additional 2 million jobs to maintain a 5 percent unemployment rate. Florida must continue to diversify the economy and attract high wage jobs in order to compete in an increasingly global economy. What is your community doing today to prepare for the job demands of tomorrow?
To learn more about job growth and innovation, join us at the Florida Chamber Foundation’s Future of Florida Forum and Board of Governors Annual Meeting on September 28-29, in Orlando.