DEO Press Releases

The Florida Department of Economic Opportunity Announces the West Palm Beach Area October 2021 Employment Data

Nov 19, 2021

~West Palm Beach Metro Area Labor Force Up 44,111 Over the Year~

West Palm Beach, Fla. — Today, Governor Ron DeSantis announced that the West Palm Beach area added 27,100 new private-sector jobs over the year, a 5.0% increase. The West Palm Beach unemployment rate dropped to 4.0% in October 2021, down from 5.1% reported in October 2020. The West Palm Beach area labor force in October 2021 increased by 44,111 over the year, a 6.2% increase. The industry gaining the most amount of jobs over the year was leisure and hospitality, increasing by 10,000 jobs.

Statewide, Florida’s economic data shows continued economic progress with more positive job growth, labor force increases, and a decline in the unemployment rate thanks to successful policies that put Floridians and businesses first. Florida’s economy continued to thrive in October 2021, with 18 consecutive months of private-sector job growth, adding 44,300 jobs over the month and increasing by 5.7% over the year. Florida has also experienced 12 consecutive months of labor force increases with a growth of 29,000 over the month. Florida’s labor force growth represents a 5.8% increase over the year, which is significantly higher than the national rate of 0.5%. Florida’s unemployment rate, currently at 4.6%, also decreased by 0.2 percentage point from the revised September 2021 rate of 4.8%.

In total, Florida has gained 1,111,000 private sector jobs since April 2020, which represents 89% of jobs lost during the pandemic that have been recovered. Florida continues to see significant increases in labor force, growing 579,000 over the year as more Floridians are confident in returning to the labor force. Florida’s unemployment rate has lowered over the year, decreasing by 1.2 percentage points.

Floridians in search of work and new job opportunities are encouraged to turn to the CareerSource Florida network for help. Floridians can find guidance to register with Employ Florida (EmployFlorida.com) and search listings of available local job openings. Career seekers also can improve employability assistance, perfecting resume writing, interviewing skills, establishing career goals, and pursuing customized career training. These services are provided at no cost to job seekers.

To view the October 2021 employment data, visit www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.  

 

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