Florida’s job rebound wins struggle with the recession

Florida’s private-sector employment soared to an all-time high in March, which not only fully recovered all jobs lost in the recession but created new ones. Employment reached an astounding 6,941,000 surpassing the previous high of 6,933,600 in March 2007. 

The unemployment rate stayed at 5.7 percent from February while the national rate also remained at 5.5 percent. The Gainesville Metropolitan statistical area had the lowest unemployment rate in the state at 4.6 percent. This rate was a 1 percent drop from February and an astonishing 8 percent drop from March 2014. The low unemployment rate was the result of a smaller labor force that was at 137,028 in March, compared to 130,593 in February. 

The fastest growing industries, mining, logging, and construction, grew at 9.5 percent. In addition, education and health services added 1,300 jobs while business and professional services added 1,000 jobs.  

Overall, Florida experienced a job growth of 284,100 over the year at a rate of 3.7 percent, which is 1.4 percent higher than the national average. Except for the information industry, all other jobs saw an increase. 

Click here for the full story from The Gainesville Sun, or click here for more Front Street news... 

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Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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