Florida employment numbers reach all time high in 2016

Florida’s shown impressive upward trends in job growth for 2016, setting the state’s employment numbers at an all-time high, according to a new report released this week by Florida TaxWatch. With an addition of 257,000 jobs last year, Florida continues to rise from the Great Recession. During 2016, nearly all of Florida’s major industries have […]

Florida’s shown impressive upward trends in job growth for 2016, setting the state’s employment numbers at an all-time high, according to a new report released this week by Florida TaxWatch.

With an addition of 257,000 jobs last year, Florida continues to rise from the Great Recession. During 2016, nearly all of Florida’s major industries have seen employment gains, and the unemployment rate has fallen to 4.8 percent.

“The job numbers show that Florida continues to be a national leader for job creation,” said Dominic M. Calabro, President & CEO of Florida TaxWatch. “It is encouraging that Florida is adding jobs; however, we must remain focused on economic development and continue to invest in marketing the Sunshine State if we expect 2017 to be another great year in Florida.”

The positive job numbers signal a vibrant state economy as people get back to work. In fact, nonfarm employment is nearly 8,400,000, higher than pre-recession employment. Read more at Florida Trend.

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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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