Today, Governor Rick Scott announced that according to the June 2014 report the West Palm Beach metro area gained 16,100 jobs over the year. The metro area's unemployment rate declined by 1.8 percentage points over the year, from 7.9 percent in June 2013 to 6.1 percent in June 2014.
Governor Scott said, "With an unemployment rate steadily declining and 16,100 new jobs created over the year, it is evident that our pro-business policies are working in the West Palm Beach area. It is vital that every family benefits from our policies, so let's keep working to make sure that every Floridian who wants a job can find one, so they can live the American Dream."
The industries with the largest job gains over the year in June 2014 in West Palm Beach were in professional and business services with 5,300 new jobs, education and health services with 3,900 new jobs, and leisure and hospitality with 3,100 new jobs. In June 2014, the West Palm Beach metro area was among the top two metro areas in Florida for gains over the year in education and health services.
In June 2014, the West Palm Beach metro area had 19,450 online job openings. The metro area also had 4,693 STEM occupation openings. STEM is an acronym for science, technology, engineering and mathematics, and these jobs are considered high wage and high skill. Additionally, housing starts were up 16.7 percent over the year in the metro area in May 2014.
In June, CareerSource Palm Beach County, along with the state's other 23 Regional Workforce Boards, reported more than 35,000 Floridians were placed in jobs. An individual who receives employment and training assistance through a One-Stop Career Center and finds a job within 180 days is deemed a placement and may be reported by a regional workforce board. Of these individuals, 7,239 previously received Reemployment Assistance. In 2013, 479,064 Floridians were placed in jobs, with 135,384 former claimants finding employment.
Florida created 36,900 private-sector jobs in June 2014, the single highest month of private-sector job creation since the Governor took office. Since December 2010, Florida has created 620,700 private sector jobs. Florida's statewide unemployment rate for June 2014 was 6.2 percent, down 1.2 percentage points from the June 2013 rate.