Florida?s unemployment rate in June 2006 was 3.0 percent, down from May?s 3.2 percent and down 0.8 percentage points from 3.8 percent a year ago. Walton County had the lowest unemployment rate at 2.1 percent. Hendry County was the highest at 7.5 percent.
Job growth in June continued to be robust, as the state added 270,900 jobs over the year, growing at 3.5 percent, more than twice the national rate. The national rate of growth was 1.4 percent for the same period.
Based on the latest available data, Florida continues to lead other states in the number of new jobs created and has the fastest rate of job growth and the lowest unemployment rate among the 10 most populous states.
Florida?s seasonally adjusted unemployment rate for June 2006 of 3.0 percent was 1.6 percentage points lower than the national rate of 4.6 percent.
Job growth by sector was led by professional and business services (+66,000 jobs), construction (+43,500 jobs), trade, transportation and utilities (+40,700 jobs), and leisure and hospitality (+30,200 jobs). The construction industry had the fastest rate of growth of all sectors, growing by 7.5 percent over the year.
The Miami-Fort Lauderdale-Miami Beach metropolitan statistical areas (MSA) led the state in employment growth (+60,500 jobs, +2.6 percent), followed by the Orlando-Kissimmee and Tampa-St. Petersburg-Clearwater MSAs with over-the-year job growth in June 2006 of +41,400 jobs and +33,000 jobs, respectively.
Job growth in June continued to be robust, as the state added 270,900 jobs over the year, growing at 3.5 percent, more than twice the national rate. The national rate of growth was 1.4 percent for the same period.
Based on the latest available data, Florida continues to lead other states in the number of new jobs created and has the fastest rate of job growth and the lowest unemployment rate among the 10 most populous states.
Florida?s seasonally adjusted unemployment rate for June 2006 of 3.0 percent was 1.6 percentage points lower than the national rate of 4.6 percent.
Job growth by sector was led by professional and business services (+66,000 jobs), construction (+43,500 jobs), trade, transportation and utilities (+40,700 jobs), and leisure and hospitality (+30,200 jobs). The construction industry had the fastest rate of growth of all sectors, growing by 7.5 percent over the year.
The Miami-Fort Lauderdale-Miami Beach metropolitan statistical areas (MSA) led the state in employment growth (+60,500 jobs, +2.6 percent), followed by the Orlando-Kissimmee and Tampa-St. Petersburg-Clearwater MSAs with over-the-year job growth in June 2006 of +41,400 jobs and +33,000 jobs, respectively.