Make us your home page

Florida job growth favorable compared to other states, though income still lags

While Florida's jobless rate in October again fell, this time to a 7-year low of 5.1 percent, it remains a shade higher than the nation's 5.0 percent rate. And it is still higher than the unemployment rates in 26 other states, including eight states with rates under 4 percent, and an additional two with rates under 3 percent.

As state economic recoveries go, Florida's is rebounding well. Just not as robust as some states are doing these days.

Still, there are largely good job-related numbers to report for the Sunshine State versus other states — an important monthly comparative measure to gauge Florida's health. The one glaring exception? Household income.

RELATED: Florida unemployment rate hits 7-year low with spurt in job creation

Let's compare three key numbers, as reported by federal and state agencies:

* 35,200: Florida's increase in October employment. That's second only to California's gain of 41,200 and ahead of No. 3 Ohio at 30,800. Ohio is surging since Texas typically would rank among the top three in monthly job gains.

Texas gained 20,000 jobs in October yet still found that its seasonally adjusted unemployment rate actually rose to 4.4 percent from 4.2 percent in September. That's the second straight monthly uptick for Texas as job creation failed to keep up with the volume of workers moving there from other states.

* 239,900: That's the number of jobs Florida has added in the past 12 months, second in the nation only to California's 463,000 gain in jobs. Texas was No. 3 with 203,900 added jobs in the past year with New York (+164,000) at No. 4 and a close numbers battle thereafter among Georgia (+97,100), Washington (+92,800) and North Carolina (+91,000).

Three states lost jobs in the past year. West Virginia was down 13,700. North Dakota lost 9,700 jobs but still reported the lowest unemployment rate for the month at 2.8 percent. Louisiana also lost a small number of jobs in October.

None of the other five states in the Southeast, all with unemployment rates in the high 5's and low 6 percent range, comes close to Florida's rate of 5.1 percent.

* $47,463: That's Florida's median household income in 2014, the latest annual figure available. That's $6,194 less than the U.S. median household income figure of $53,657.

How does Florida compare with other large population states? In Texas, the median household income is $53,035. In California it is $61,933. And in New York it is $58,878 — all reminders of how much Florida households lag other large states on the income front.

Contact Robert Trigaux at Follow @venturetampabay.

Florida job growth favorable compared to other states, though income still lags 11/24/15 [Last modified: Tuesday, November 24, 2015 3:51pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Federal agencies demand records from SeaWorld theme park


    ORLANDO — Two federal agencies are reportedly demanding financial records from SeaWorld.

    Killer whales Ikaika and Corky participate in behaviors commonly done in the wild during SeaWorld's Killer Whale educational presentation in this photo from Jan. 9. SeaWorld has been subpoenaed by two federal agencies for comments that executives and the company made in August 2014 about the impact from the "Blackfish" documentary. 
[Nelvin C. Cepeda/San Diego Union-Tribune/TNS]
  2. Legalized medical marijuana signed into law by Rick Scott

    State Roundup

    TALLAHASSEE — Gov. Rick Scott on Friday signed into law a broader medical marijuana system for the state, following through on a promise he made earlier this month.

    Gov. Rick Scott signed legislation on Friday that legalizes medical marijuana in Florida.
  3. Line of moms welcome Once Upon A Child to Carrollwood


    CARROLLWOOD — Strollers of all shapes and sizes are lined up in front of the store, and inside, there are racks of children's clothing in every color of the rainbow.

    At Once Upon A Child, you often as many baby strollers outside as you find baby furniture and accessories. It recently opened this location in Carrollwood. Photo by Danielle Hauser
  4. Pastries N Chaat brings North India cuisine to North Tampa


    TAMPA — Pastries N Chaat, a new restaurant offering Indian street food, opened this week near the University of South Florida.

    The menu at Pastries N Chaat includes a large variety of Biriyani, an entree owners say is beloved by millions. Photo courtesy of Pastries N Chaat.
  5. 'Garbage juice' seen as threat to drinking water in Florida Panhandle county


    To Waste Management, the nation's largest handler of garbage, the liquid that winds up at the bottom of a landfill is called "leachate," and it can safely be disposed of in a well that's 4,200 feet deep.

    Three samples that were displayed by Jackson County NAACP President Ronstance Pittman at a public meeting on Waste Management's deep well injection proposal. The sample on the left is full of leachate from the Jackson County landfill, the stuff that would be injected into the well. The sample on the right shows leachate after it's been treated at a wastewater treatment plant. The one in the middle is tap water.