Hollywood's job report indicated a 3.5% unemployment rate in December 2017. This rate was lower than the City's rate a year ago of 4.3%. Employment increased by 632 (0.8%) over the year, with employment of 77,602 in the City of Hollywood. The City's jobless rate was on par with the Fort Lauderdale Metro region (3.4%) and lower than the state rate of 3.7%. Hollywood's labor force is 80,389, which is up from 79,736 since January of this year.
Over the 12 month period from January to December the City of Hollywood added approximately 1,834 jobs in 2017. In 2016 employment was 75,936. In 2017, the period from January to December the City of Hollywood added approximately 1,834 jobs in 2017, an increase of 2.4%. The City has demonstrated solid year over year employment returns averaging 2% since 2010, the lowest point of the recession in terms of total employment in the City. The major industry sectors that added jobs in the Ft. Lauderdale Metro area in 2017 were Health Services, Construction, Professional Services, Manufacturing, according to a press release from the Greater Fort Lauderdale Alliance. The year finished strong and moving into 2018 the City anticipates continued growth as companies expand and are attracted to Hollywood.