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Fort Lauderdale Area Created 14,700 New Jobs Over the Year

Tallahassee, Fla. — Governor Ron DeSantis announced that the Fort Lauderdale area added 14,700 new private-sector jobs in the past year. Fort Lauderdale’s unemployment rate is 3.8 percent in January, down 0.1 percentage point from one year ago. Statewide, Florida businesses created 10,900 new private-sector jobs in January 2019. 

The industry with the highest growth over the year in the Fort Lauderdale area was professional and business services with 6,300 new jobs.

Fort Lauderdale remains among the top four metro areas in online job demand in Florida with 27,862 openings in January. Also, the area had the fifth-highest number of openings for high-skill, high-wage STEM occupations with 6,993 job ads.

Florida’s annual private-sector job growth rate of 2.7 percent continues to exceed the nation’s rate of 2.1 percent. Florida’s unemployment rate of 3.4 percent represents a drop of 0.5 percentage point over the year. This is while 161,000 people entered Florida’s labor force, a growth of 1.6 percent in the past year.

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  • The unemployment rate in the CareerSource Broward region (Broward County) was 3.8 percent in January 2019. This rate was 0.1 percentage point lower than the region's year ago rate of 3.9 percent. The region's January 2019 unemployment rate was 0.1 percentage point lower than the state rate of 3.9 percent. The labor force was 1,034,772, up 15,403 (+1.5) over the year. There were 39,136 unemployed residents in the region.
  • In January 2019 nonagricultural employment in the Ft. Lauderdale-Pompano Bch-Deerfield Bch Metro Division was 857,100, an increase of 14,700 jobs (+1.7 percent) over the year.
  • The Ft. Lauderdale-Pompano Bch-Deerfield Bch Metro Division had the second highest annual job growth compared to all the metro areas in the state in trade, transportation, and utilities (+3,500 jobs); education and health services (+2,800 jobs); and financial activities (+2,400 jobs) in January 2019.
  • The Ft. Lauderdale-Pompano Bch-Deerfield Bch Metro Division had the third highest annual job growth compared to all the metro areas in the state in professional and business services (+6,300 jobs) in January 2019.
  • The Ft. Lauderdale-Pompano Bch-Deerfield Bch Metro Division was tied for the third highest annual job growth compared to all the metro areas in the state in other services (+1,100 jobs) and information (+300 jobs) in January 2019.
  • The financial activities (+4.0 percent); manufacturing (+2.9 percent); other services (+2.9 percent); and trade, transportation, and utilities (+1.8 percent) industries grew faster in the metro area than statewide over the year.
  • The industries gaining in jobs over the year were: professional and business services (+6,300 jobs); trade, transportation, and utilities (+3,500 jobs); education and health services (+2,800 jobs); financial activities (+2,400 jobs); other services (+1,100 jobs); manufacturing (+800 jobs); and information (+300 jobs).
  • The leisure and hospitality (-2,200 jobs) and construction (-300 jobs) industrieslost jobs over the year.
  • The government industry was unchanged over the year.
Posted by: Florida Dept. of Economic Opportunity @ 10:00:00 am  Comments (0)
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