Thursday, July 19, 2018
Business

Report: Florida job growth slows, but still strong in June

Florida added 14,600 private-sector jobs in June, a strong drop-off from May but still among the strongest job-growing performances in the country.

The regional employment report released this morning by payroll processor ADP indicates that a summer slowdown in hiring may not have been that severe in Florida. That prospect was also bolstered by last week's national employment report showing the country added a surprisingly strong 287,000 jobs in June, far exceeding the 180,000 new jobs that economists were anticipating.

The ADP report, which is based on worker payroll data, is often viewed as a harbinger of the Labor Department's monthly report on jobs and unemployment in various states. Florida's June results will be released July 22.

Unlike the Labor Department, ADP does not include government jobs in its estimates.

Among large states that typically lead the way as job creators, ADP said that Florida bested Texas (up 10,700 jobs) but was significantly shy of jobs king California (up 26,900 jobs).

As with previous months, the vast majority of Florida's newly created jobs were in the lower-paying service sector (12,600 jobs) instead of the goods-producing sector (2,100 jobs).

By select industry: the state added 3,700 jobs in professional and business services, 1,300 in manufacturing, 1,200 in trade, transportation and utilities and 700 in mining and construction, the report said.

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