Gov. Ron DeSantis (R-FL) announced the second lowest unemployment rate in Florida’s history, hitting 2.5%, while simultaneously achieving the second fastest GDP growth across all 50 states, despite national GDP slipping into a recession (two consecutive quarters of declining GDP). This is the lowest unemployment rate for the state since October 2006.
According to the office of the Governor, Florida’s labor force expanded by 3% over the year in September, which 50% greater than the national average.
“Florida’s economy continues to outpace the national average- Floridians are finding jobs, and our state’s businesses are thriving. As we continue to support Southwest Florida communities in their recovery from Hurricane Ian, a resilient economy is paramount,” said Governor DeSantis. “With inflation still surging due to federal policies and with Southwest Florida recovering from Hurricane Ian, Florida has maintained sound fiscal and economic policies that will help us mitigate these challenges.”
Between September of 2021 and September of 2022, overall private sector employment grew by 461,500 jobs (an increase of 5.8%) which is 1.4% higher than the national average.
Florida’s Department of Economic Opportunity Secretary Dane Eagle supported DeSantis’ accomplishments with a message of support.
“Leadership matters – Florida’s economy is strong, resilient, and positioned for continued success because of Governor DeSantis’ decisive leadership,” said Eagle. “Florida didn’t get lucky. Instead of locking people down during the pandemic, Governor DeSantis lifted people up, and we are seeing the impacts of this direction nationally. Now in Southwest Florida after Hurricane Ian, the unprecedented and dedicated response to recovery spearheaded by the Governor and First Lady sends a strong message to the region that Florida has your back, and we will rebuild stronger than before.”
Governor DeSantis is currently running for reelection in November against former Republican governor Charlie Crist (D). As of now, the polls are indicating that DeSantis will win big.
These job numbers certainly do not help the challenger.