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Florida Records Fastest Job Growth Rate in America, Way Above National Average

State recovering significantly faster than anywhere else across the nation

 on 27th October 2021 @ 1.00am
florida gov  ron desantis announced his state s epic recovery rate © press
Florida Gov. Ron DeSantis announced his state's epic recovery rate

Florida is recording an incredibly fast job market recovery that is far greater than the national average, accordng to reports.

The state is experiencing a job growth rate that is significantly faster than anywhere else in America, new figures show.

During the month of September, the United States economy gained 194,000 jobs.

The number severely missed economists’ expectations.

However, Florida alone gained 84,500 jobs during the same period.

The number means the state is leading the nation in terms of the largest percentage increase.

gov  desantis has gone against joe biden s economic policies  many of which have been deemed reckless by critics © press
Gov. DeSantis has gone against Joe Biden's economic policies, many of which have been deemed reckless by critics

The office of Gov. Ron DeSantis (R-FL) announced the success in a statement:

Florida’s economy accelerated in September 2021, growing at three times the rate over the month compared to the nation.
Overall for the month, Florida gained 84,500 total jobs, including nearly 73,000 private-sector jobs.
This month marks 17 months of private-sector job growth, increasing by 5.6% over the year.
Florida has experienced this magnitude of monthly private sector job growth on only four other occasions in the past 30 years. 
In addition, Florida has experienced 11 consecutive months of labor force increases, adding 50,000 workers over the month.
Florida’s labor force growth represents a 5.4% increase over-the-year, which is significantly higher than the national rate of 0.8%.
In total, Florida has gained more than one million jobs since April 2020.

"We are outpacing the nation in job growth and job opportunities because businesses know that Florida will stand up for them,” said DeSantis in the release.

"Despite tremendous national headwinds and economic uncertainty, Florida has reached a level of job growth only seen on four other occasions in the past 30 years.

"We will continue to work hard to keep Florida open, free, and built for opportunity.”

desantis is putting his people first and florida is reaping the rewards © press
DeSantis is putting his people first and Florida is reaping the rewards

DeSantis was one of the first governors to pull his state from enhanced federal unemployment checks funded by Democrat Joe Biden’s $1.9 trillion American Rescue Plan.

A recent report from the Foundation for Government Accountability — a Florida-based think tank seeking to reform welfare initiatives — confirms that DeSantis’ decision to end the handouts paid significant dividends for the state’s job market.

"From late May — when Gov. DeSantis announced he was ending the $300 weekly unemployment bonus — through late August, Florida employers hired nearly 1.3 million new workers,” the report says.

"Nearly 400,000 of these new hires were recorded in the first three weeks following the unemployment bonus’s elimination.

"As the bonus ended, employers’ hiring rates spiked, allowing them to fill needed open jobs.

"For the first time in months, the number of unfilled positions in Florida began to decline in August, as more Floridians left unemployment and returned to work.”

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tags: Florida | economy
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