Hong Kong News

Nonpartisan, Noncommercial, unconstrained.
Saturday, May 25, 2024

Florida's workforce ended the year larger than New York's for first time ever

Florida's workforce ended the year larger than New York's for first time ever

Florida's workforce now has roughly half a million more workers than it did before the pandemic

Florida's economic boom pushed the Sunshine State above New York in the number of employed workers at the end of the year for the first time in 2022.

According to data released this week by the Bureau of Labor Statistics (BLS) for the month of December 2022, Florida had 9.669 million employed workers, compared to New York's 9.661 million. That marked the first time since the BLS began using this data set in 1982 that Florida's workforce was larger than New York's at the end of a year.

A spokesman for Republican Florida Gov. Ron DeSantis told FOX Business, "As Governor DeSantis said in his second inaugural speech, 'It is often said that our federalist constitutional system — with fifty states able to pursue their own unique policies — represents a laboratory of democracy.' Florida has exemplified the successful example of freedom, and our success is revealed in metrics like this."

Florida's economy and population have grown at a rapid rate in recent years.

The spokesman also pointed to data indicating that Florida has led the country in new business formations with over 1.7 million created since January 2020 and that over one-third of those were launched in 2022 alone.

In early 2020, prior to the onset of the COVID-19 pandemic, New York had about 9.8 million jobs to Florida's 9.1 million jobs, based on BLS data.

The two states' workforces were roughly equal in size from April to July 2020 while both were recovering jobs lost during the initial economic contraction due to pandemic restrictions.
During Ron DeSantis' tenure as governor, Florida's workforce has overtaken New York's for the first time ever.


By the fall of 2020, New York had recovered enough jobs to open a roughly 300,000-job gap between it and Florida.

But Florida began to narrow that gap to about 200,000 jobs by the start of 2021, and to 100,000 for most of 2022. By December, Florida surpassed the Empire State – albeit by a relatively narrow margin of fewer than 8,000 jobs – and ended the year with a larger workforce for the first time ever.

Last year also marked another milestone for Florida, as it reached 9.2 million jobs and the state's labor force was larger than it was prior to the pandemic. For comparison, New York's labor force was about 200,000 jobs below its pre-pandemic level in the December data from the BLS.

Data released by the Census Bureau in December showed that Florida was America's fastest-growing state for the first time since 1957.


Florida's economic growth has been driven by an influx of new residents who have moved to the state in the past year.

Data released by the Census Bureau in December showed that Florida was America's fastest-growing state for the first time since 1957.

Florida's population grew by 416,754 residents, or 1.9%, from 2021 to 2022 to more than 22.2 million.

New York had the largest population decrease of all 50 states from 2021 to 2022, as it declined by 180,341 residents, or -0.9%, to about 19.6 million.

Newsletter

Related Articles

Hong Kong News
0:00
0:00
Close
It's always the people with the dirty hands pointing their fingers
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Steve Jobs' Son Launches Venture Capital Firm With $200 Million For Cancer Treatments
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
End of Viagra? FDA approved a gel against erectile dysfunction
UK sanctions Russians judges over dual British national Kara-Murza's trial
US restricts visa-free travel for Hungarian passport holders because of security concerns
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Political leader from South Africa, Julius Malema, led violent racist chants at a massive rally on Saturday
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
'I am not your servant': IndiGo crew member, passenger get into row over airline meal
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Spanish Citizenship Granted to Iranian chess player who removed hijab
US Senate Republican Mitch McConnell freezes up, leaves press conference
Speaker McCarthy says the United States House of Representatives is getting ready to impeach Joe Biden.
San Francisco car crash
This camera man is a genius
3D ad in front of Burj Khalifa
Next level gaming
BMW driver…
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
×