Friday, June 22, 2018
Business

Florida job growth flat, but still third-largest creator of private sector jobs

Florida remains ensconced as the third-largest creator of private sector jobs nationwide behind California and Texas.

However, the number of private jobs added statewide last month — 15,400 — is relatively unchanged from a month ago and remains far shy of the pace of a year ago.

Moreover, a dominating 97 percent of the jobs are in the traditionally lower-paying service-providing sector and only 500 jobs are in the goods-producing category.

That assessment comes from the latest regional employment roundup from payroll processing firm ADP. For the only two states with a larger population than Florida: California added 23,000 jobs and Texas added 17,200.

ADP ranks job growth in 29 states and Washington, D.C., based on company payroll data. Its monthly reports exclude government jobs. But they are viewed as a bellwether for the Labor Department reports on job growth and unemployment, the next of which comes out Nov. 20 for Florida.

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