Monday, June 25, 2018
Business

Report: Florida job creation slowed slightly in May

Job creation in Florida slowed down in May, but the state remains one of the national leaders in adding private sector jobs.

That's the latest assessment coming Wednesday from national payroll processing company ADP, which uses payroll data to estimate private jobs added every month across 29 states and the District of Columbia.

ADP said Florida added a solid 17,280 private sector jobs in May, down from 22,250 jobs a month earlier.

As with most recent months, Texas and California were the top two states, adding 25,640 jobs and 19,160 jobs, respectively.

Throughout most of its recovery, Florida has been hamstrung by adding more jobs geared toward lower-paying industries like retail, tourism and home health care.

That phenomenon persisted last month. The state added 16,620 jobs in the traditionally lower-wage service-producing sector compared to only 660 goods-producing jobs.

Among select industries, there were more professional and business service jobs added last month (3,620) than trade, transportation and utility jobs (2,590). Mining and construction was up 680 jobs, while manufacturing was flat, down an estimated 10 jobs.

The South continues to be the strongest of the four regions. "Although all four regions added fewer jobs than April, the South was the only one to still exceed its six-month average of jobs gained," said Ahu Yildirmaz, vice president and head of the ADP Research Institute.

Unlike the widely reported monthly reports on jobs and the unemployment rate from the Labor Department, the ADP analysis does not include government jobs in its calculations. The government's next jobs report on Florida will be released June 20.

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