Broward County’s job report indicated a 3.1 percent unemployment rate in December 2018. This rate was 0.3 percentage points lower than the region’s year ago rate of 3.4 percent. Nonagricultural employment increased by 15,800 jobs (+1.9 percent) over the year, with an employment of 866,300 in the Ft. Lauderdale-Pompano Beach-Deerfield Beach MSA (Broward County). The region’s jobless rate was 0.2 percentage point lower than the state rate (3.3 percent). The labor force was 1,038,689, up 16,082 (+1.6) over the year. There were 32,211 unemployed residents in the region.
“We’re very pleased to continue to see strong year over year overall job growth,” said Greater Fort Lauderdale Alliance President and CEO Bob Swindell. “The job growth continues to be spread over a number of industries, which points to our success in diversifying Broward’s economy working with our partners.”
Read the full article by the Greater Fort Lauderdale Alliance at the link below.