TALLAHASSEE, FLORIDA — Despite recent bank collapses around the country, Governor Ron DeSantis said today that Florida’s January economic data demonstrates the continued strength and success of Florida’s economy.
In January, Florida’s unemployment rate was 2.6 percent and remained lower than the nation for the 27th consecutive month. Job growth outperformed the nation for the 22nd consecutive month.
The Sunshine State now has the 6th lowest unemployment rate among the 50 states, according to the U.S. Bureau of Labor Statistics.
In the private sector, employment grew by 433,100 jobs over the year in January 2023. Private sector employment increased by 29,800 jobs over the month (+0.3 percent).
“Florida is number one in net migration, tourism, and new business formations because we have bucked the elites and forged our own path forward towards success,” said Governor Ron DeSantis. “We will continue to prioritize policies that support Florida families as they continue to face persistent inflation and national economic headwinds.”
Acting Secretary Meredith Ivey of the Florida Department of Economic Opportunity said Floridians could trust in Florida’s workforce, businesses, and communities for years to come.
“Florida’s unemployment rate is consistently below the national average and the private sector continues to generate jobs, creating nearly 30,000 jobs over the month in January 2023,” said Ivey.
View the January 2023 jobs reports by region:
View the January 2023 employment data here. Visit Florida Insight for more information on labor market and economic data.