Fla. will gain about 175,000 new jobs in 2014

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Real Estate Agent with MVP Realty SL3217142

Fla. will gain about 175,000 new jobs in 2014

 

NEW YORK – Jan. 8, 2014 – Pew Charitable Trusts – an independent, non-partisan research and public policy organization, projected expected employment growth for each U.S. state, and overall, Florida ranked fifth in expected job growth in 2014.

Since jobs and home sales go hand in hand, the growth could benefit Florida’s real estate buyers and sellers.

To compare states with different populations, the study compared the anticipated percentage of job growth. In Florida, Pew estimates that the state will see 176,423 new jobs for a 2.34 percent increase.

The top state for jobs? North Dakota with an expected growth rate of 3.56 percent, though that translates into only 15,902 jobs due to the state’s smaller population. At the bottom of the list, Washington, D.C., is expected to grow jobs by only 0.75 percent in 2014.

Southwest Florida has so much new construction going on and so many new jobs it feels like a blast from the past.

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Rainmaker
1,882,566
Jay Markanich
Jay Markanich Real Estate Inspections, LLC - Bristow, VA
Home Inspector - servicing all Northern Virginia

Well, since well over 500,000 people move to Florida every year your unemployed ranks will increase by over 300,000!  What kinds of jobs are "created" - full-time careers or part time?

Florida businesses will create jobs based on their economic needs.  While that's entirely unpredictable in terms of numbers, some industries will have greater needs than others (like the oil industry in North Dakota, creating full-time, high-paying jobs).  What's going on in Florida that will create the need for good jobs, aside from lots of people moving there?

I'm interested - you may be seeing us!

Jan 08, 2014 08:56 PM #1
Rainmaker
3,648,332
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning, Bob -- such reports always seem to prompt additional questions - actually, there are more questions than answers in the PEW study in my opinion.  Of course, it does keep the conversation going and if there are actually "real" and "viable" jobs created, that's definitely positive news.   

Jan 12, 2014 12:04 AM #2
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Bob Forman

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