TALLAHASSEE, Fla. (WTXL) — Governor Ron DeSantis has announced that Florida’s private-sector industries are creating more jobs for Floridians and that Florida’s economy continues to remain strong.
According to Government officials, low taxes and reasonable regulations continue to drive businesses in all industries to expand in Florida, which fuels a strong private-sector job growth rate.
Private-sector industries gaining the most jobs over the year were:
- Education and health services with 54,700 new jobs
- Professional and business services with 40,500 new jobs
- Leisure and hospitality with 31,200 new jobs
- Construction with 25,800 new jobs
- Trade, transportation and utilities with 18,800 new jobs
- Financial activities with 17,400 new jobs
Florida job postings showed 290,093 openings in June 2019.
“Private-sector industries have the opportunity to expand because of Florida’s low taxes and reasonable regulations,” said Governor DeSantis. “We will keep working hard to ensure employers and workers are coming to Florida to achieve economic success.”
Other positive economic indicators include:
- Florida’s annual private-sector job growth rate of 2.7 percent continues to outpace the national job growth rate of 1.7 percent.
- Florida’s private-sector businesses created more than 208,000 jobs over the year and 11,500 in June 2019.
- A low unemployment rate of 3.4 percent.
- The labor force grew with 124,000 people entering the labor force over the year at an annual growth rate of 1.2 percent.