March 25, 2022 Updated 11:04 A.M. ET
TALLAHASSEE (FCV) – Governor Ron DeSantis announced Florida’s economic progress report for the month of February on Friday, reporting that Florida has added jobs for 22 consecutive months and that its economic indicators are surpassing pre-pandemic levels.
In February, 2022, Florida added 52,000 private sector jobs – an increase of 0.6% in one month.
Over the year, there was an increase of 525,200 jobs in the private sector – up to 8,132,300.
Nationally, the over-the-year rate increase in private sector jobs was 5.2%. Florida reached a 6.9% growth rate.
For the past 11 months, Florida’s over-the-year private sector job growth has been greater than the nation’s rate – since April, 2021.
“Florida’s freedom first policies have made Florida a great state for businesses and families to grow,” DeSantis remarked.
“When you put freedom first, you put hardworking families first, and every Floridian reaps the benefits. February’s economic data is more concrete evidence that Florida is on the right path.”
February also showed decreasing unemployment rate, which decreased by 0.2% to 3.3%. The national unemployment rate was 3.8% – Florida remains below that level.
Over the year, the Florida labor force grew by 3.2% up to 10,471,000, which outpaced the national yearly labor force growth of 2.3%.
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