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that the Sunshine State is remaining strong as it moves into the holiday season. According to the October 2022 economic data report, “Florida’s labor force grew by 36,000 and Florida’s private sector added 35,000 jobs,” marking the 30th consecutive month for growth.Over the month, Florida’s labor force grew by 36,000, while the national labor force shrank, and Florida’s private sector employment growth was double the national growth rate. Florida’s private sector employment grew by 5.
Between October 2021 and October 2022, total private sector employment grew by 447,800 jobs , faster than the national private sector job growth rate of 4.0 percent over the year. “Florida’s economic resiliency is unmatched in the country – no other state could withstand the direct impact of a Category 4 hurricane and continue to grow jobs in the same month,” DeSantis said in a statement.
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