At Wyndham Destinations headquarters in Orlando, Governor Rick Scott today announced that Florida businesses have created more than 1.67 million private-sector jobs since December 2010, including 23,000 private-sector jobs in November. This brings Florida’s unemployment rate down to 3.3 percent, a 12-year low.
Florida’s unemployment rate of 3.3 percent represents a drop of 7.5 percentage points since December 2010; this drop is faster than the national decline of 5.6 percentage points. This is while 116,000 people entered Florida’s labor force, a growth of 1.1 percent in the past year. Florida’s annual job growth rate of 3.3 percent continues to exceed the nation’s rate of 1.9 percent.
To view the November 2018 employment data, click here.