Did You Know Florida Is Expected to Create 200,000 Jobs in 2016?
The new year is upon us and 2016 looks to be another banner year for Florida’s economy and job growth. Consider the following:
- In January 2015, the Florida Chamber Foundation’s Chief Economist Dr. Jerry Parrish forecasted that 250,000 jobs would be created,
- As of November 2015, Florida created a total of 239,600 net new jobs. When the December jobs numbers are released this month, the number should be very close to 250,000 for the year,
- Throughout the last 12 months, 1 in 11 jobs created in the U.S. were created in Florida, despite the state accounting for only 6.2 percent of the U.S. population, and 4.8 percent of the national economy, and
- Florida has reached a job growth milestone with the announcement of 1 million net new private sector jobs created since December 2010.
At the Florida Chamber Foundation’s CFO Roundtable last month, Chief Economist Dr. Jerry Parrish forecasted that Florida will create 200,000 jobs in 2016. In addition to the encouraging news from the job growth forecast, Florida is poised to gain 300,000 more residents. With 2 million jobs needed and 6 million more residents expected by 2030, Florida is well on track for a prosperous future. What is your community doing to improve job opportunities and prepare for population growth?
To learn more about policies and legislation affecting job creation, register to attend the 2016 Florida Chamber Board of Governors Capitol Days.
Florida Has Created Nearly 1 Million Net New Jobs Since 2010
Florida’s job growth since the recession has been unprecedented. Since December 2010, 978,800 private sector jobs have been created. When December 2015 job numbers are released, the total of net new jobs is expected to reach 1 million. The state’s year over job growth rate has steadily risen to 3.0 percent, which tops the nation among the 10 largest states.
Despite the creation of so many new jobs, the Florida Department of Economic Opportunity reports that 299,530 jobs went unfilled last month, a growing trend that indicates a significant gap between job demand and the talent available. With 2 million more jobs needed in Florida by 2030, how can we ensure tomorrow’s workforce has the skills and training to fill the jobs of the future?
To learn more about legislation and policies affecting Florida jobs, register to attend the 2016 Florida Chamber Board of Governors Capitol Days.
Did You Know Florida Has One of the Top Job Growth Rates in the Nation?
According to recent Bureau of Labor & Statistics data, Florida’s year over job growth rate of 3.0 percent was the fastest growth rate in the nation among the 10 largest states. Florida beat out California, Texas, New York and the national average of 2.0 percent, which is a good indicator of economic growth.
With 27 other states experiencing job losses for the month, Florida’s focus on job creation, regulatory reform and business climate continues to be a model for economic recovery. But with an estimated 2 million additional jobs needed by 2030, how will Florida maintain positive job growth to meet the workforce demand of the future?
To be part of the conversation on job growth and diversifying Florida’s economy, join the Florida Chamber Foundation’s Innovation Caucus.
Did You Know Florida Job Growth is Up Nearly 17 Percent Since the Recession?
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.
Did You Know Florida is Projected to Be a Top State for Job Growth?
Florida’s job growth is climbing faster than the national average, with 105,000 jobs added halfway through this year. Kiplinger Magazine recently named Florida as a top state for future job creation, beating out Texas, California and others.
With Florida’s population projected to grow to nearly 26 million by 2030, , 2 million new jobs will need to be added to meet job demand and keep unemployment rates low. Is your community on track?
To learn more about job growth and innovation, attend the Florida Chamber Foundation’s 2015 Future of Florida Forum in Orlando on September 28-29.