FloridaCommerce Announces West Palm Beach Area Private Sector Employment Increases by 10,700 Jobs Over the Year in July 2024
WEST PALM BEACH, Fla. — Today, FloridaCommerce announced that the West Palm Beach metro area private sector employment increased by 10,700 jobs (+1.7%) over the year in July 2024. The industry sector gaining the most jobs was education and health services, increasing by 4,100 jobs.
The West Palm Beach area unemployment rate was 3.8% in July 2024, up 0.5 percentage points from 3.3% in July 2023. The West Palm Beach metro area labor force was down 0.2% (-1,276) over the year in July 2024.
Florida’s unemployment rate continues to remain lower than the nation, with a rate of 3.3% in July 2024, a full percentage point lower than the national rate of 4.3%. Florida’s private sector employment has grown by 201,500 jobs (+2.3%) over the year since July 2023, faster than the national rate of 1.5 percent over the same time period.
In July 2024, the leisure and hospitality sector gained the most jobs among all major industries adding 11,200 jobs (+0.9%) from the previous month, followed by construction which added 6,300 jobs (+1.0%). Florida’s labor force grew by 35,000 (+0.3%) over the year since July 2023.
Job creators continue to demonstrate confidence in Florida through their investments, creating high-skill and high-wage jobs. Florida offers numerous workforce education and development opportunities for job seekers to gain necessary skills for a competitive job market ensuring economic resiliency and success for generations of Floridians.
Data from July indicates there are many job opportunities available for every Floridian who wants to work with more than 433,000 jobs posted online. Floridians seeking work can utilize CareerSource Florida network services at no cost for guidance on registering with Employ Florida and searching local job listings as well as improving resume writing and interviewing skills.
To view the July 2024 jobs reports by region:
Fort Lauderdale
Jacksonville
Miami
Orlando
Pensacola
Southwest Florida
Tampa
West Palm Beach
For more information on labor market data visit: www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases or visit Florida Insight for additional economic data insights including an explanatory video provided by the Department.
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