Construction produced 28,000 new jobs in May
With the signing of the 2020 budget Friday, Gov. Ron DeSantis’ announcement about Florida’s continued strengthening economy might have been overlooked.
The governor said businesses are still expanding to Florida, just as they have for the last eight years, creating a strong private-sector job growth rate. The governor puts this success the good news down to low taxes, reasonable regulations and a top-rated university system.
He said economic indicators for the month of May include these:
Florida’s annual private-sector job growth rate of 2.7 percent continues to outpace the national job growth rate of 1.8 percent.
Florida’s private-sector businesses created more than 208,000 jobs over the year and 16,000 in May 2019.
A low unemployment