On Friday, Governor Ron DeSantis announced that the Tampa area gained the most private sector jobs of all metro areas in the state adding 84,600 new private-sector jobs over the year, a 7.2% increase. Tampa’s unemployment rate dropped to 3.9% in September, down from 6.0% reported in September 2020.
The Tampa area’s labor force in September 2021 increased by 116,991 over the year, a 7.6% increase. The industries gaining the most jobs over the year include professional and business services, increasing by 26,800 jobs, and leisure and hospitality, increasing by 24,900 jobs.
Statewide, Florida’s successful economy is driving the nation’s positive economic activity. Florida’s economy accelerated in September 2021, growing three times faster over the month than the nation. This month marks 17 consecutive months of private-sector job growth, adding nearly 73,000 jobs over the month, increasing by 5.6% over the year. Florida has experienced this magnitude of monthly private-sector job growth on only four other occasions in the past 30 years.
The state of Florida’s labor force has increased for 11 consecutive months, by 50,000 workers over the month and a growth rate of 5.4% over the year, which is significantly higher than the national rate of 0.8%. Florida’s unemployment rate of 4.9% for September 2021 dropped 0.1 percentage point from August 2021. Data in the month of September indicates that there continue to be many job opportunities available for Floridians throughout the state, with more than 520,000 jobs posted online.
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