FloridaCommerce has reported an increase in private sector employment in the West Palm Beach metro area, with 5,700 jobs added over the year by October 2024. The education and health services sector saw the largest growth, adding 3,300 jobs. The unemployment rate in the area rose slightly to 3.5%, up from 3.3% in October of the previous year.
Statewide, Florida's unemployment rate has remained below the national average for four consecutive years, maintaining a steady rate of 3.3%. In October alone, Florida added 107,600 private sector jobs compared to last year.
Job seekers in Florida have access to several resources through programs such as Employ Florida and CareerSource Florida. These platforms offer job placement support and training opportunities at no cost. Veterans and military families can also find specialized assistance through Veterans Florida and the Military Family Employment Advocacy Program.
For those affected by recent hurricanes Debby, Helene, and Milton, FloridaCommerce has approved over $52 million in funding through the Small Business Emergency Bridge Loan Program. This initiative provides short-term loans to help small businesses recover from economic setbacks caused by these storms.
Additional hurricane recovery resources are available for both employers and employees impacted by Hurricane Milton. Businesses can report damages via a survey on FloridaDisaster.biz to aid recovery efforts. Disaster Unemployment Assistance is also offered for those whose employment was disrupted due to Hurricanes Helene and Milton.
The Hope Florida Line remains open for individuals seeking further assistance following these events.