Cape Coral tops education and health services job growth. That is according to the latest employment figures.
The Cape Coral-Fort Myers metro saw a 6.4% rise in education and health services jobs in the year to June 2019.
Total unemployment in Lee County was 3.5%, with 12,112 jobless out of 337,212.
The figures reflect a hot economy, as unemployment figures usually rise in summer, when residents are often on holiday elsewhere and there are fewer visitors to boost the economy.
Florida’s seasonally adjusted unemployment rate was 3.4% in June 2019, unchanged from the month before. The national unemployment rate was 3.7% in June.
The state gained 218,800 jobs over the year, an increase of 2.5 percent. Nationally, the number of jobs rose 1.5 percent over the year. With the exception of September 2017, Florida’s over-the-year job growth rate has exceeded the nation’s rate since April 2012.
Florida’s Chief Financial Officer (CFO) Jimmy Patronis, says, “Our low taxes, strong fiscal management, and business friendly regulations are why businesses continue to flock to the Sunshine State.
“Florida is outpacing the national job growth rate and unemployment remains low. This month’s report is further proof that now more than ever, Florida remains open for business and ready to work.”