Broward County’s unemployment dropped to 3.4 percent in December 2017, down a full percentage point from the same time last year. The Greater Fort Lauderdale remains one of the top metro areas for job demand in the state, with the labor force increasing 26,518 over the year.
“This is more great news for the Greater Fort Lauderdale area. The economy continues to shine, making ours one of the most desirable areas to live and work,” said Greater Fort Lauderdale Chamber of Commerce President Dan Lindblade. “Companies continue their search for top notch talent, and we will continue to see a healthy rise in salaries as a result.”
Florida’s unemployment rate rose to 3.7 percent, but saw impressive gains in the past year in job creation, adding 213,500. The poverty rate is also improving, now sitting at 14.8 percent, while the high school graduation also climbed to 82.3 percent.
Industry Growth Statewide
- Education and health services (+6,800 jobs, +6.3 percent)
- Trade, transportation and utilities (-8900 jobs, -0.4 percent)
- Construction (+4,700 jobs, +10.5 percent)
- Financial activities (+900 jobs, +1.6 percent)
- Manufacturing (+900 jobs, +3.2 percent)
- Other services (+2,400 jobs, +6.2 percent)
- Government (+4,900 jobs, +0.4 percent)
- Professional and business services (+3,600 jobs, +2.4 percent)
- Information (+300 jobs, +1.6 percent)