Beautiful Virgin Islands

Friday, Jul 26, 2024

Florida's workforce ended the year larger than New York's for first time ever

Florida's workforce ended the year larger than New York's for first time ever

Florida's workforce now has roughly half a million more workers than it did before the pandemic

Florida's economic boom pushed the Sunshine State above New York in the number of employed workers at the end of the year for the first time in 2022.

According to data released this week by the Bureau of Labor Statistics (BLS) for the month of December 2022, Florida had 9.669 million employed workers, compared to New York's 9.661 million. That marked the first time since the BLS began using this data set in 1982 that Florida's workforce was larger than New York's at the end of a year.

A spokesman for Republican Florida Gov. Ron DeSantis told FOX Business, "As Governor DeSantis said in his second inaugural speech, 'It is often said that our federalist constitutional system — with fifty states able to pursue their own unique policies — represents a laboratory of democracy.' Florida has exemplified the successful example of freedom, and our success is revealed in metrics like this."

Florida's economy and population have grown at a rapid rate in recent years.

The spokesman also pointed to data indicating that Florida has led the country in new business formations with over 1.7 million created since January 2020 and that over one-third of those were launched in 2022 alone.

In early 2020, prior to the onset of the COVID-19 pandemic, New York had about 9.8 million jobs to Florida's 9.1 million jobs, based on BLS data.

The two states' workforces were roughly equal in size from April to July 2020 while both were recovering jobs lost during the initial economic contraction due to pandemic restrictions.
During Ron DeSantis' tenure as governor, Florida's workforce has overtaken New York's for the first time ever.


By the fall of 2020, New York had recovered enough jobs to open a roughly 300,000-job gap between it and Florida.

But Florida began to narrow that gap to about 200,000 jobs by the start of 2021, and to 100,000 for most of 2022. By December, Florida surpassed the Empire State – albeit by a relatively narrow margin of fewer than 8,000 jobs – and ended the year with a larger workforce for the first time ever.

Last year also marked another milestone for Florida, as it reached 9.2 million jobs and the state's labor force was larger than it was prior to the pandemic. For comparison, New York's labor force was about 200,000 jobs below its pre-pandemic level in the December data from the BLS.

Data released by the Census Bureau in December showed that Florida was America's fastest-growing state for the first time since 1957.


Florida's economic growth has been driven by an influx of new residents who have moved to the state in the past year.

Data released by the Census Bureau in December showed that Florida was America's fastest-growing state for the first time since 1957.

Florida's population grew by 416,754 residents, or 1.9%, from 2021 to 2022 to more than 22.2 million.

New York had the largest population decrease of all 50 states from 2021 to 2022, as it declined by 180,341 residents, or -0.9%, to about 19.6 million.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Israel Warns France of Iranian Threats at Paris Olympics
Possible Successors to Rishi Sunak as Conservative Party Leader
Olaf Scholz to Run for German Chancellor Again in 2025
TikTok Fined by UK Regulator for Child Safety Data Reporting Failures
Miracle Baby Born After Gaza Airstrike
Global Tech Outage Caused by Bug in CrowdStrike's Software
Ukrainian FM Open to Peace Talks with Russia, China Reports
EU to Transfer Interest from Frozen Russian Funds to Ukraine
Greenpeace Co-Founder Paul Watson Arrested in Greenland
EU Relocates Summit to Punish Hungary over Orban's Ukraine Visit
Netanyahu Seeks Meeting with Trump During Washington Visit
World's Hottest Day Recorded on July 21
UK Labour Government To Halt Migrant Housing on Accommodation Barge
President Biden Returns to White House After Testing COVID Negative
Trump Says Kamala Harris Would Be Easier Election Opponent Than Biden
Thousands Protest in Mallorca Against Mass Tourism
Immigration Crackdown Targets Car Washes and Beauty Sector
Nigeria's Controversial Return to Colonial-Era National Anthem
Hacking Vulnerabilities: Androids vs. iPhones
Ukraine Crisis Should Be EU's Responsibility, Says Trump’s Envoy
A Week of Turmoil: Key Moments in US Politics
Barrow's Sacred Heart Primary School Faces Long-Term Closure
German National Sentenced to Death in Belarus
Elon Musk's Companies Drop CrowdStrike After Global Windows 10 Outage
US Advises India on Russian Ties Amid Geopolitical Shifts
Trump Pledges to End Ukraine Conflict if Reelected
Global IT Outage Unveils Digital Vulnerabilities
Global IT Outage Sparks Questions About Financial Accountability
CrowdStrike Bug Affects 8.5 Million Windows Devices
Flights Resume After Major Microsoft Outage
US Criticizes International Court's Opinion on Israeli Occupation
CrowdStrike Update Causes Global IT Outage Due to Skipped Quality Checks
EU’s Patronizing Attitude Towards Africa Revealed
Netanyahu Denounces World Court Ruling on Israeli Occupation
Adidas Drops Bella Hadid Over Controversy
Global Outage Caused by CrowdStrike Update Impacts Millions
Massive Flight Cancellations Across the U.S. Due to Microsoft Outage
Global Windows Outage Causes Chaos Across Banks, Airlines, and More
Russia Accuses Ukraine of Using Chemical Weapons
UK's Flawed COVID-19 Planning Exposed by Inquiry
Ursula von der Leyen Wins Second Term as European Commission President
Police Officer Injured in Attack in Central Paris
Hulk Hogan absolutely tore it up at the RNC.
Paris is being "cleansed" of migrants and homeless people ahead of the Olympics.
Lamine Yamal arriving at his school after winning the Euros
Campaigners Urge UK Government to Block Shein's London IPO
UK Labour Government's Legislative Agenda
UK Labour Government to Regulate Powerful AI Models
Record Heat Temperatures in Ukraine Amid Power Crisis
UK Government Plans to Remove 92 Hereditary Peers from House of Lords
×