State Officials Report Economic Improvement in Florida

Dec. 11, 2013

The Florida Department of Economic Opportunity (DEO) has announced that unemployment in the state has declined from 11.4 percent in 2010 to 6.7 percent in October, 2013. DEO officials also noted that nearly 441,000 jobs were created during the same period.

Areas with the largest job gains included Tampa-St. Petersburg-Clearwater (3.4 percent), Orlando-Kissimmee (2.8 percent) and Ft. Lauderdale-Pompano Beach-Deerfield Beach (2.6 percent).

Florida’s overall job growth rate has been equal to or exceeded the national figure since March 2012.
In a report issued on Nov. 22, the agency found that the median price for homes has increased by 17.2 percent in the past 12 months. In addition, the overall economic impact of tourism has increased by more than 16 percent since 2009 because of a resurgence in visitor travel to Florida.

More information is available from the DEO at http://lmsresources.labormarketinfo.com/library/press/release.pdf.

By the numbers info graphic.