In 2011, DEO became a new state agency. The three distinct agencies that originally formed DEO have been streamlined into a single culture pursuing a unified mission of helping Florida’s economy and communities prosper. Through a variety of agency-wide initiatives, we have streamlined operations while strengthening the ties between economic, community and workforce programs. In the last five years, DEO’s mission has become multi-focused in these three key areas to allow us to look at Florida’s growth holistically.
In 2015, Florida became the third most populous state in the nation, and our population increased to more than 20 million people, according to the U.S. Census. Around 1,000 people are moving to Florida every day – what a great result of the state’s economic recovery! Florida’s economic indicators also continue to outpace Texas, New York, the nation and most of the ten most populous states.
In August, we learned that the state has added nearly 1.2 million private-sector jobs over the past five years. The state’s unemployment rate in August 2016 was down to 4.7 percent, the lowest rate in more than eight years. Florida’s economy is resurgent and I look forward to the state’s continued prosperity as we affirm our commitment to implementing pro-growth, business-friendly policies.