Florida Gov. Ron DeSantis announces official unemployment rate dropped to 3.2% โ˜˜ Hoey Team โ˜˜ eXp Realty Florida

Dated: October 28 2019

Views: 7

Florida's unemployment rate ticked down to 3.2 percent in September, the state reported Friday. The rate, down from 3.3 percent in August, represented an estimated 336,000 Floridians out of work from a workforce of 10.4 million, according to numbers released by the state Department of Economic Opportunity.



The seasonally adjusted figure, compared to a national rate of 3.5 percent for September, included a reduction in the number of Floridians out of work by 6,000 from the August numbers and 7,000 from a year earlier.

The gains were bolstered by growth in the workforce by 34,000 from August to September and by 154,000 from September 2018. Education and health services accounted for 59,600 new jobs over the past year, followed by 49,200 jobs in professional and business services and 30,300 jobs in fields involving leisure and hospitality. Construction has grown by 16,200 jobs over the past year, with manufacturing positions up 7,700.

Regionally, the Orlando-Kissimmee-Sanford metropolitan statistical area had the largest growth over the past year at 48,800 jobs. September 2019 marked 54 consecutive months of the Orlando area having the highest job creation in the state, adding 45,600 new private-sector jobs in the past year, the state reported on the governor's website. The unemployment rate in the Orlando area was 2.8 percent in September, down 0.2 percentage point from one year ago.

The report notes the industry with the highest growth over the year in the Orlando area was professional and business services, with 21,100 new jobs.


In September, the Orlando area was second among state metro areas in job demand with 48,360 job openings. Orlando also remained the second-highest metro area in demand for high-skill, high-wage STEM occupations with 14,923 openings.

Over the past year, only the Panama City and Sebring statistical areas showed job losses. The Panama City area, which was hit by Category 5 Hurricane Michael in October 2018, was down 2,000 jobs from September 2018. The Sebring area was off 200 jobs in the same period.

Article content from The Ledger and from other sources.   If you have questions on any aspect of the Real Estate Market, Locally, Nationally or Internationally, please let us know, we can answer your questions.

Barry is a CLHMS see here how we can help with higher end properties.

Please visit our Hoey Team โ˜˜ Luxury Home Market Page Here

Also; please check out the other blogs, and tabs to many other Links, Updates, Reports & Stats that we have here on our informational website.  โ˜˜

We hope that you find the information useful.  If you have any questions, please do not hesitate to contact Barry or Kim with the Hoey Team โ˜˜ brokered by eXp Realty

Email us at Barry@SWFLLuxury.Com  or KimZuponcic@Gmail.com or Call/Text the Hoey Team โ˜˜ at:  (239)-360-5527 

“Please Share this and our informational website with anyone who you think the info will help. 

Feel free to refer any family or friends; it is the greatest compliment that you can give to us; we really appreciate referrals from Past Customers, Friends and Fellow REALTORS, who we help in any way we can. 

Most of our business is referrals by word of mouth; from past Sellers and Buyers who we have helped; please ask for and check out our testimonials and Sales Stats.  Thanks, Barry & Kim โ˜˜

Blog author image

Barry & Kim, Hoey Team ๐Ÿ€ 239RealEstateDeals.Com LLC โ˜˜

"Your Real Estate Concierge" If you are looking for a REALTORยฎ or one-stop Real Estate Team who will fully communicate; promptly, professionally, and in detail with you, to efficiently help you wit....

Latest Blog Posts

๐Ÿ“ฃ U.S. Annual Home Prices Gain a Record 18% in July ๐Ÿก Hoey Team ๐Ÿ€ 239RealEstateDeals.Com LLC โ˜˜ Southwest Florida ๐ŸŒด

CoreLogic: That’s the biggest 12-month gain since the series began 45 years ago. On a month-over-month basis, home prices increased by 1.8% in July from June.NEW YORK – U.S. home

Read More

๐Ÿ”” Here Are the Most Popular U.S. Cities for Second Homes, with Florida the Most Popular State ๐Ÿก Hoey Team ๐Ÿ€ 239RealEstateDeals.Com LLC โ˜˜ Southwest Florida ๐ŸŒด

Survey: Second homes account for 5.4M U.S. housing units. Miami ranks in the top 5 most popular big cities for second homes; Miami Beach is No. 1 for small cities.MIAMI – A recent AdvisorSmith

Read More

๐Ÿ“ข Who is ready to play flag football to honor Fallen Officers? ๐Ÿ€ 239RealEstateDeals.Com LLC โ˜˜ Southwest Florida ๐ŸŒด

239RealEstateDeals.Com LLC are proud to announce, that in an effort to continue to pay it forward in our Southwest Florida community where we support many events in our communities, 

Read More

๐Ÿ“ฃ FAU Economist Says Homes โ€˜Less Overpricedโ€™ in July ๐Ÿก Hoey Team ๐Ÿ€ 239RealEstateDeals.Com LLC โ˜˜ Southwest Florida ๐ŸŒด

The overheated market may be slowly cooling.  Even if July numbers just reflect the usual summer slowdown, it could mean traditional patterns are starting to return.FORT LAUDERDALE, Fla. ;

Read More