More Than 28,000 New Private Sector Jobs Created In August

153,000 private sector jobs created since December 2010

Florida’s unemployment rate held steady at 8.8 percent for the month of August, but more than 28,000 new private sector jobs were created, the highest over-the-month change since April 2011. The August 2012 rate was 1.7 percentage points lower than the year-ago rate of 10.5 percent and Florida has gained 153,000 private sector jobs since December 2010. Since Governor Scott has been in office, the state’s unemployment rate has dropped 2.3 percentage points.

“The month of August showed that 28,000 more Floridians found employment in the private sector and are able to provide for their families,” said Governor Rick Scott. “This increase in new jobs is proving that the decisions we’re making here in Florida are pointing our state in the right direction. Employers are aware of the talented and skilled workforce we have here, and the August numbers prove that the economic climate in Florida is one that encourages job creation and economic development. Collectively, we’re creating an environment that fosters job creation, increased economic development and a positive business climate overall. I continue looking forward to identifying ways we can make Floridians and their companies more successful and ensuring Florida is the No. 1 business destination in the world.”

Job demand increases

According to the Help Wanted OnLine data series from The Conference Board, Florida job postings in August 2012 totaled more than 264,000 openings, and increased by more than 33,000 openings compared to August 2011. Major occupational groups with the most online ads in August were sales and related occupations; healthcare practitioners and technical occupations; office and administrative support occupations; and computer and mathematical occupations.

Positive workforce trends

  • Florida’s unemployment rate has declined over the year for 21 consecutive months
  • Florida’s unemployment rate has declined or held steady for 13 of the last 14 months
  • Florida’s job growth month to month has been positive for 11 of the last 14 months
  • Florida has continued to see positive annual job growth for 25 consecutive months.

 

Workforce Boards assisting more Floridians

Also in August, the state’s 24 Regional Workforce Boards reported that more than 29,000 Floridians were placed in jobs. 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, 7,172 previously received reemployment assistance. Since January, more than 234,000 Floridians were placed in jobs, with nearly 54,000 former claimants finding employment.

Statewide trends improving

Florida also saw positive trends in housing and reemployment assistance claims. Florida housing starts were up over the year in July by 33.7 percent and median home prices were up 7.8 percent over the year. Initial claims for reemployment assistance benefits were down by 35.0 percent from one year ago while continued claims were down from an average of 553,000 in December 2010 to 311,000 in August 2012, a 41 percent decrease.

“Under Governor Scott’s leadership, Florida’s job creation and overall economic development numbers continue heading in the right direction,” said Department of Economic Opportunity Executive Director Hunting F. Deutsch. “DEO remains committed to working with Workforce Florida, Inc., and the 24 Regional Workforce Boards and One-Stop Career Centers across the state to help place Floridians into the more than 260,000 available jobs.”

To view the August 2012 monthly employment data visit:

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

The Florida Department of Economic Opportunity combines the state’s economic, workforce and community development efforts. This new approach helps expedite economic development projects to fuel job creation in competitive communities. For more information, including valuable resources for employers and job seekers, please visit www.floridajobs.org.

 

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