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Politics

Florida Records the Largest Net Job Gain in the Nation

July 25, 2018 - 3:15pm
Tampa
Tampa

Florida moved from worst to first in a new federal survey of job creation released Wednesday.

The U.S. Bureau of Labor Statistics reported that Florida had a net gain of 214,372 private-sector jobs in the last three months of 2017. It was the largest net gain of jobs by any state, according to the federal data.

It also stood in contrast to the federal agency’s last quarterly report on “business employment dynamics,” which showed Florida leading the nation in net private-sector job losses in the third quarter of 2017, with a decline of about 134,000 jobs.

Economists and state officials attributed Florida’ job losses during the third quarter to the impact of Hurricane Irma, which struck the state in September. They predicted Florida’s job growth would likely rebound, which was verified in the new report.

The survey measures net job creation over a three-month period by comparing businesses that expand or open against businesses that contract or close.

The new report underscored the nature of Florida’s post-hurricane recovery, with the 214,372 net jobs created being the state’s largest quarterly total based on the federal agency’s data dating to 1992.

The state’s 601,026 new jobs in the fourth quarter of 2017 was also a high, according to the federal labor statistics. The quarterly job creation was offset by the loss of 386,654 jobs during that period, the data showed.

Florida’s job growth at the end of last year was in line with the nation. The Bureau of Labor Statistics reported a net gain of nearly 1 million private-sector jobs across the country in the fourth quarter of 2017.

That compared to an earlier report that showed for the first time since 2010 more jobs were lost in the third quarter of 2017 than were created, with a net loss of some 140,000 jobs.

The new report showed 49 states gaining private-sector jobs in the last quarter of 2017. The third-quarter report showed Florida and 26 other states losing jobs.

Florida, the nation’s third-largest state, also compared well with its big-state rivals in the new survey.

Only California, with the creation of more than 1 million private-sector jobs, outpaced Florida. But the nation’s largest state lagged Florida in net job gains for the quarter, with 134,282, according to the federal data.

Texas created over 641,000 jobs in the fourth quarter of 2017, with a net gain of 103,721 jobs. New York had a net gain of more than 26,000 jobs, based on a total of 483,363 new jobs.

Alaska was the only state with a net job loss in the fourth quarter of 2017, losing slightly more than 2,000 private-sector jobs, according to the federal data.

Comments

No matter how you look at this figure, it is a plus for the Trump Agenda. Elect more Trump Republicans if you want the success trend to continue.

Neither the U.S. Bureau of Labor Statistics, nor the State Department of so-called Economic Opportunity continue to count the thousands of still unemployed Floridians in their statistics of who is still unemployed, once the unemployment benefits end after the meager $3300 over 3 month period has been exhausted. No surveys, no emails, no questionnaires are sent out to former benefit recipients asking whether or not they have located employment. As a person that is still unemployed, no State or Federal agency or subcontractor of either has asked me direct whether or not I am still unemployed. The low unemployment rate is deceptive since it only counts a person that is still documented, still collecting benefits. Once benefits end after 3 months, those persons like myself, are no-longer counted in their equations. When they count the low paying part-time service new jobs (minimum wage types) against the unemployed persons still documented, the equation is not correct. It is a numbers game, they deliberately leave out the unemployed no-longer receiving benefits, and no other system is catching the correct number of unemployed.

Your point is well-taken. All economic measures are only a reflection of the criteria used and with so many aspects to employment, unemployment, under-employment, how and what and when and for what time period. That makes it endlessly impossible to provide a straight-forward measure that adequately tells the whole story. The U.S. Bureau of Labor Statistics and state labor statistic shops will continue to use the measures that have been used historically so that the data can be apples to apples measures over time...but always there must be caveats. Most of us only have time to notice one measure but to get the real picture, we'd have to study numerous measures. Bottom line: Data has limitations and it is a good thing to recognize measures for what they contain but to always dig a little deeper - as you are doing.

Yeah, jobs. Minimum wage hotel and resort jobs for immigrants. Grass-cutting and landscaping jobs for illegals. Pool-tending jobs for those with no other skills. Server and busing jobs in tourist hot-spots. Menial jobs in assisted living and convalescent homes. And, retail jobs for the Thanksgiving and Christmas sales season. All bunkum! And nary a living-wage job among them!

It's not like a dozen 1000 room hotels were suddenly added to the landscape. And it is erroneous to denigrate unskilled labor Job given that Tourism is a significant reason why Florida does not need a state income tax like NY, Cali, IL, NJ and other liberal states being run into the ground financially. Job creation was across all public sectors and all income levels. We surpassed Texas, often viewed as the benchmark state, in attracting new business. Your value in the marketplace is determine by the choices one makes in life. Education, skill sets development , relevant experience, etc. has more to do with increasing your earning power than anything else. So if you want a $15/hr job, garner some useful skills that reflect on self value and worth to an employer rather than legislating an artificial economic safety net.

Florida is among the leaders in credit card delinquencies, automobile re-posessions, foreclosures, and personal bankruptcies. That certainly is a reflection on this state's "jobs market"!

It must be uncomfortable to be so negative

FLORIDIANS HEAR ME SPEAK: YOU DO NOT WANT TO PUT ANY DEMOCRAT, SOCIALIST, FASCIST, COMMUNIST, OR ANY THING THAT RESEMBLES SUCH IN OFFICE, YOU WANT TO AVOID THEM LIKE THE PLAGUE. YOU WANT A WAY, WHERE PEOPLE CAN PULL THEMSELVES OUT OF THEIR OWN PROBLEMS, AND NOT CONSTANTLY RELY ON SOMEONE ELSE TO PULL THEM OUT. PEOPLE WITH DISABILITIES AND THE ELDERLY WE SHOULD ALWAYS HAVE COMPASSION FOR, BUT WHO IN THE HELL WANTS TO LIVE OFF OF LIMITED FOOD AND HOUSING, SURELY NOT ANYONE IN THEIR RIGHT MINDS, WHEN THEY COULD PUT THEIR TALENTS TO USE, AND CREATE SOME LEGALLY NEW ONES AS WELL. WE ARE NOT TO EXPRESS GREED, BUT WE ARE NOT TO BE BUMPS ON A LOG, WE WANT TO PICK OURSELVES UP, AND RUN ON OUR OWN STEAM, AND NOT LET ANYONE ENSLAVE US OTHERWISE. FLORIDIANS THE TIME IS YOURS FOR ALL OF YOU TO SET AN EXAMPLE, THAT THE ENTIRE GLOBE WOULD BE DETERMINED AND ENVIOUS TO FOLLOW.

Don't want to put any more Republicans in office, either!

I'm not seeing it where I am,in fact I'll be leaving in the next couple of weeks because of a lack of work.I already have several job offers up north & none here.It may get cold up there,but at least I can make a living.

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