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Greater Fort Lauderdale Adds Almost 18,000 Jobs in Past Year

The Florida Department of Economic Opportunity announced Broward County's jobless rate was 3.3% last month (June 2019). This rate is 0.4% lower than our region's year ago rate.

A major takeaway from today's numbers is that our region continues to create jobs at a solid pace. Non-agricultural employment in the Fort Lauderdale-Pompano Beach-Deerfield Beach Metro Division was 861,900 last month, an increase of 17,700 jobs (+1.1%) over the year. The unemployment rate within the Fort Lauderdale-Pompano Beach-Deerfield Beach Metro Division was also 3.3% for June 2019.

Inside the Numbers

(Fort Lauderdale-Pompano Beach-Deerfield Beach Metro Division)

 

  • The professional and business services (+6.9 percent) and other services (+6.8 percent) industries grew faster in the metro area than statewide over the year.
  • Fastest annual job growth rate compared to all the metro areas in the state in other services (+6.8 percent) in June 2019.
  • Highest annual job growth compared to all the metro areas in the state in other services (+2,600 jobs) in June 2019.
  • Second fastest annual job growth rate compared to all the metro areas in the state in professional and business services (+6.9 percent) in June 2019.
  • Second highest annual job growth compared to all the metro areas in the state in professional and business services (+10,300 jobs) in June 2019.
  • The industries gaining in jobs over the year were: professional and business services (+10,300 jobs); education and health services (+4,200 jobs); other services (+2,600 jobs); financial activities (+1,000 jobs); manufacturing (+600 jobs); and construction (+400 jobs). • The leisure and hospitality (-1,000 jobs) and trade, transportation, and utilities (-400 jobs) industries lost jobs over the year.

Across the State

 

Florida’s seasonally adjusted unemployment rate was 3.4 percent in June 2019, unchanged from the May 2019 rate, and down 0.2 percentage point from a year ago. There were 349,000 jobless Floridians out of a labor force of 10,338,000.

Posted by: Mike Cobelo/Florida Dept. of Economic Opportunity @ 10:30:00 am  Comments (0)
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