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Report shows Florida adding private sector jobs at fastest pace since recession ended

Florida is adding private-sector jobs at its fastest pace since the economic recovery began based on a report released Wednesday.

In fact, Florida added more private-sector jobs in November than everywhere but the hotbed of Texas, according to a regional snapshot of employment statistics by payroll processor ADP.

The addition of 19,450 non-government jobs last month is more than double Florida's growth in October when the partial government shutdown was restricting the economy.

It marks the biggest one-month surge in new jobs since ADP began publicly announcing its estimates for private sector job creation by state early this year. An ADP database also indicates the month-over-month percentage increase in Florida's workforce — up three tenths of a point — matches November 2012 as the biggest one-month rise since the Great Recession ended in 2009.

The report could be a harbinger for Florida releasing a strong jobs and unemployment report for November statewide. The state's monthly update is scheduled to come out Dec. 20. As of last October, the state's unemployment rate had fallen to 6.7 percent, fueled by back-to-back months of strong job growth.

On the down side, ADP's latest analysis reinforced one of the disheartening themes of this economic recovery: Most of the jobs added in November (15,840) were in the lower-paying service sector, more than four times the number of goods-producing jobs created (3,610).

The payroll company estimated there were 4,920 net new jobs in trade transportation and utilities; 3,780 in professional and business services; 2,910 in mining and construction; and 700 in manufacturing.

Unlike the broader monthly employment report from the U.S. Department of Labor, ADP's figures do not include government jobs.

Report shows Florida adding private sector jobs at fastest pace since recession ended 12/11/13 [Last modified: Wednesday, December 11, 2013 8:57pm]
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