As Florida unemployment rates saw a small drop in October, Florida economic experts are calling job growth in the state “robust” as job gains are being seen across the board.
The latest employment numbers released by the Florida Department of Economic Opportunity show the 125,300 new jobs in October, which is just short of the number of jobs lost post Irma but 100.
In percentage points, the unemployment rate dropped to 3.6 percent in October, from 3.8 percent in one month.
A very happy Governor Rick Scott says:
“I am proud to announce today that Florida’s unemployment rate has reached a more than 10-year low of 3.6 percent and that more than 127,000 private-sector jobs were created in October.”
October was the second month in a row where the unemployment rate dropped, which also means the rate has reached the lowest level in a decade.
Gov. Scott says what’s even more impressive about the job growth is that it’s happening post Irma.
“While Hurricane Irma was a devastating storm, we have worked day after day to help communities recover and send a message across the world that Florida is open for business,” Scott said.
Executive Director of the Florida Department of Economic Opportunity Cissy Proctor agrees and added growth after Irma is indicative “that we have the best economic climate in the nation.”
Not surprisingly, Florida added 23,800 construction jobs, the highest in the country, according to the Associated General Contractors of America.