Connect with us

Hi, what are you looking for?

Business / Economy News

Ron DeSantis: Florida Unemployment Rate Dropped to 3.2 Percent in March

At the end of last week, Gov. Ron DeSantis announced the unemployment rate in Florida stood at 3.2 percent in March, down from 3.3 percent in February.

The national unemployment rate stood at 3.6 percent in March.

“The data shows that Florida’s unemployment rate has remained below the national rate for 16 consecutive months while trending downward or holding steady for 20 consecutive months. In March 2022, Florida’s unemployment rate decreased by 2.2 percentage points over the year to 3.2 percent and continued to remain below the national rate. Florida’s private sector job growth has also exceeded the nation’s for 12 consecutive months since April 2021,” the governor’s office noted.

“The economic data underscores that Florida is outperforming the nation by protecting the freedom Floridians need to do business and drive economic success,” said DeSantis. “Industries like manufacturing continue to see growth because Florida prioritizes workforce development and expanding opportunities for businesses and families in our state.”

“Governor DeSantis has led Florida in a positive direction by creating the most business friendly environment in the nation,” said Department of Economic Opportunity (DEO) Sec. Dane Eagle. “DEO is committed to supporting the governor’s efforts and the state’s growth by connecting communities, businesses, and families to the resources they need to thrive.”

<

The state’s total private sector employment increased by 496,600 (+6.5 percent) over the year in March 2022, 1.5 percentage points faster than the national growth rate of 5 percent. In March 2022, Florida’s labor force grew by 3.2 percent (325,000) over the year and grew by 42,000 (+0.4 percent) over the month. As of March 2022, Florida employers have added jobs for 23 consecutive months since May 2020.

In March 2022, Monroe County had the state’s lowest unemployment rate (1.7 percent), followed by St. Johns County (2.0 percent), Wakulla County and Okaloosa County (2.1 percent each), and Collier County, Nassau County, and Union County (2.2 percent each).

Highlands County had the highest unemployment rate (3.9 percent) in Florida in March 2022, followed by Putnam County (3.8 percent), and Citrus County and Hamilton County (3.7 percent each).

Author

  • Florida Daily offers news, insights and analysis as we cover the most important issues in the state, from education, to business and politics.

    View all posts

Archives

Related Articles

Trending News

Governor Ron DeSantis announced more than $14.5 million through the Florida Job Growth Grant Fund (JGGF) to support infrastructure improvements and workforce training across...

Florida Government & Politics

TALLAHASSEE — Despite strong opposition from Governor Ron DeSantis, the Florida House approved a bill on Wednesday aimed at diminishing the governor’s power in...

Florida Government & Politics

Florida TaxWatch has been monitoring the latest tax relief proposals working their way through the 2025 Florida Legislature.Property Taxes or Sales Tax?The House Ways...

Business / Economy News

Tallahassee, FL — Florida has reached a new milestone in domestic tourism, capturing a record 15.5% share of the U.S. vacation market in 2024, according...

Advertisement
Florida Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

HOW WE COLLECT E-MAIL INFORMATION:

If you sign up to subscribe to Florida Daily’s e-mail newsletter, you will provide us your e-mail address and name, voluntarily, and we will never obtain any of your contact information that you don’t voluntarily provide.

HOW WE USE AN E-MAIL ADDRESS IF YOU VOLUNTARILY PROVIDE IT TO US:

If you voluntarily provide us with your name and email address, we will use it to send you one email update per weekday. Your email address will not be given to any third parties.

YOUR CONTROLS:

You will have the option to unsubscribe to our E-mail update at anytime by clicking an unsubscribe link that will be provided in each E-Mail we send.