Florida Employment Analysis

( Data Date : May 2018 )

Florida Employment Data

Located in the southeastern tip of the United States, the Sunshine State is highly dependent on tourism to keep its economy afloat. It also relies on agriculture, aerospace industry, banking and biotech.

The latest employment scorecard for the State of Florida for August 2016 to August 2017 is listed below, based on data from the U.S. Bureau of Labor Statistics. Florida’s labor force grew at a healthy 2.54 percent annual rate, and its unemployment rate fell to 4.0 percent. Despite its attractiveness as a retiree destination, Florida’s labor force participation rate actually increased slightly from August 2016 to August 2017. Florida’s labor force participation rate is still a low 59.5%, but this is a figure that, given the fact of and desire for retirees to move to Florida and spend their retiree dollars, is in large part by design. You can view what jobs are available in Florida, as well as which sectors of the economy are growing most quickly, on our Job Listings page.

florida employment

Florida Employment Data:

Florida Unemployment Rate Trends (% change)

  • Compared to national rates, florida unemployment rate in May 2018 was lower by 0.6% than the U.S. rate of 4.0%.

  • Employment information is based on data provided by the U.S. Bureau of Labor Statistics (BLS).

    Graphs and charts are based on monthly data from 2000 to present (BLS reports monthly data a month to six weeks after the close of each month).

    The data MuniNet Guide uses and presents is seasonally adjusted.