Florida is quickly becoming the nation’s leader in job creation and economic growth by consistently doing the right things month after month to create the nation’s premier environment to start, relocate or expand a business.
Thanks to the common-sense, conservative policies of Governor Rick Scott, Florida has begun to see increases in job creation and economic growth. Florida’s unemployment rate has dropped or remained steady for 13 of the last 14 months and now sits at 8.8%.
Since Governor Scott took office, a total of 153,000 private sector jobs have been added in Florida.
As companies are choosing to grow and expand in our state, we are continuing to see Florida experience a positive economic recovery. Floridians have more and more opportunities to get back to work, and last month, 9,000 Floridians were able to get a job and provide for their families.
Governor Scott’s strategy for Florida is working. He is lowering taxes and eliminating burdensome business regulations so that private-sector jobs can grow, and we are also making sure we have a well-educated workforce. As a result, Florida’s economy is headed in the right direction, and annual sales of single-family homes are 6.6 percent ahead of last year. Median prices have consistently trended upward since last November and are currently up 16.1 percent, signaling good news for Floridians looking to sell their homes. For the 12 months ending this June, residential building permits are up 25 percent over the previous year, and Florida is now anticipating more people moving into our state than in recent years, based on last week’s Demographic Estimating Conference. Consumer spending in the state is strong, as indicated by a 4.7-percent increase in sales tax collections for the 12-month period ending this June.
“I know we still have a lot more work to do, and we won’t stop until every Floridian who wants a job is able to get one,” said Governor Scott.