Florida’s over-the-year private sector job growth rate has exceeded the nation’s for 27 consecutive months since April 2021. Over the month in June 2023, Florida’s labor force grew by 0.4 percent (+41,000), faster than the national rate of 0.1 percent over the same time period.įlorida’s private sector employment increased by 296,100 jobs (+3.6 percent) over the year in June 2023, faster than the national private sector job growth rate of 2.4 percent over the same time period. ![]() ![]() In June 2023, Florida’s labor force grew by 2.4 percent (+257,000) over the year, 0.6 percentage point faster than the national labor force growth rate of 1.8 percent over the same time period. The industry gaining the most jobs over the year was leisure and hospitality. In June 2023, the Orlando metro area led all other metro areas in job gains over the year in leisure and hospitality increasing by 24,900 jobs and information increasing by 400 jobs. The Orlando area unemployment rate was 3.0 percent in June 2023, down 0.1 percentage point from the June 2022 rate of 3.1 percent. Additionally, Orlando area’s labor force was increased by 4.0 percent (+56,477) over the year in June 2023. The Orlando area added 47,500 new private sector jobs over the year, a 3.8 percent increase. Florida has seen more business formations than any other state since 2020, with 326,115 new business formations in 2023 alone. Floridians remain confident in available job opportunities as the state sees continued labor force growth and record business formations. Today, FloridaCommerce announced that the Orlando area gained the second-highest number of private sector jobs over the year in June 2023 among all metro areas. ~Floridians remain confident in available job opportunities as state sees continued labor force growth and record business formations~ ![]() FloridaCommerce Announces Orlando Area Gains Second- Highest Number of Private Sector Jobs Among All Metro Areas Over the Year in June 2023
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