Gov. Scott: Naples-Marco Island Metro Area had fastest annual job growth rate

Today, Governor Rick Scott announced the Naples-Marco Island Metropolitan Statistical Area (MSA) had the fastest annual job growth rate in August 2013 with 7,100 new jobs, up 6.3 percent from August 2012. The MSA’s unemployment rate declined by 2.4 percentage points over the year, from 9.8 percent in August 2012 to 7.4 percent in August 2013.

Governor Scott said, “The Naples area’s positive job growth rate in August with 7,100 new private sector jobs created is further proof that the steps we’re taking to create jobs and opportunities for Florida families is working.”

The Naples-Marco Island MSA has experienced positive annual job growth for 39 consecutive months after losing jobs for more than three years. The MSA had the fastest annual job growth rate in total nonagricultural employment, as well as in education and health services (+8.0 percent), and other services (+5.7 percent). Also in August 2013, the Naples metro area was among the top four metro areas in Florida for gains over the year in education and health services, construction, other services, and information.

Housing starts were up by 19.6 percent over the year in the Naples metro area in July 2013. The Naples-Marco Island MSA showed an increase in online job demand in August 2013, with 4,241 job openings. There were 526 openings for STEM occupations in August 2013. STEM is an acronym for science, technology, engineering and mathematics, and these jobs are considered high wage and high skill.

In August, Southwest Florida Works along with the state’s other 23 Regional Workforce Boards reported more than 41,000 Floridians were placed in jobs. This represents an increase of nearly 12,000 placements over the year from August 2012. An individual who receives employment and training assistance through a One-Stop Career Center and finds a job within 180 days is deemed a placement and may be reported by a regional workforce board. Of these individuals, 11,967 previously received Reemployment Assistance. In 2012, more than 426,000 Floridians were placed in jobs, with nearly 111,173 former claimants finding employment.

Florida’s unemployment rate decreased to 7.0 percent in August 2013, down from 7.1 percent in May, June, and July 2013, and down 4.1 percentage points since December 2010. The statewide unemployment rate has remained below the national average of 7.3 percent for the sixth consecutive month. Florida has created 365,500 private sector jobs since December 2010.

To view the August 2013 monthly employment data, visit:

www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.

 

 

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