Florida's 2016 Mid-Year Job Growth

Florida continues to be among the leading states in terms of job creation as we head into the second half of 2016. Over the past year, Florida’s total non-farm employment has grown 3.03 percent, the state has added approximately 244,500 non-farm jobs, and Florida’s overall employment is among the highest in the state’s history. Florida’s unemployment rate has also steadily declined over the past year, dropping from 5.3 percent in June 2015 to 4.7 percent in June 2016.

Job gains were fairly strong month-to-month over the past year, averaging almost 19,000 jobs. Florida added 113,000 non-farm jobs through the first six months of 2016, led by a two-month stretch from April 2016 through May 2016 when the state’s Non-Farm Employment grew by 61,900.


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Florida Manufacturing: A Highly Productive and Integral Economic Driver

Florida Manufacturing: A Highly Productive and Integral Economic Driver

Florida's manufacturing sector is a $86.6 billion industry that ranks sixth in the nation in the value of exported manufactured goods, employs more than 434,000 workers, and contributes 4.62 percent of the state's GDP — quietly outpacing both tourism and agriculture. Anchored by aerospace, defense, and space manufacturing firms along the Space Coast corridor, including global names like Lockheed Martin, Boeing, SpaceX, and Raytheon, the industry also produces medical devices, pharmaceuticals, food and beverage products, and recreational boats. The sector offers high wages with low educational barriers: eleven of the fifteen largest manufacturing occupations require only a high school diploma or equivalent, with an average annual salary of $87,000. Modernized working conditions — built around computer-based tasks and precision environments — have made manufacturing jobs increasingly comparable to traditional white-collar work.

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