Florida’s economy registered big gains in March as the state led the US in job creation with 22,900 jobs. Florida was followed by North Carolin with 19,400. February and March combined saw an increase of nearly 60,000 jobs in Florida. The state’s unemployment stood at 6.3%. Unemployment was slightly up over 6.2% at the end of February. Much of this can be attributed to the larger labor pool as more people relocate from colder, norther states.
For some perspective the highest unemployment is now in Illinois with 9% followed by Nevada with 8.5%. The lowest unemployment was in energy-boom North Dakota with only 2.6%. In Florida, Orlando is leading the state in job growth, followed by Miami and Tampa. For more information, read the article in the Miami Herald.
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