Florida Jobs Recovery Just Ahead of U.S. Average

October 28, 2021
Author: Mallory Vachon, Ph.D., Sr. Economist

Florida has fared better than the U.S. overall, but pandemic surges have hampered its recovery, with the state only now within 2.3% of its pre-pandemic employment levels.

Dependence on the leisure and hospitality sector has slowed economic growth throughout Florida’s larger cities. But LaborIQ® forecasts most key industries to recoup jobs lost before the end of 2021.

With some of the highest population growth in the nation, the Sunshine State should be prime for job growth, once the travel industry rebounds. With expected growth at three times the national average, Florida should provide plenty of opportunities to those sourcing talent.

Read a recent LaborIQ report that outlines the state’s economic recovery: “U.S. Labor Market Performance & Outlook: Florida Metro Highlights.”

Florida Salary Comparisons by City & Job

The salaries highlighted in orange represent the lowest salary for the occupation for the locations listed. These salary recommendations can be a useful tool as you develop your 2022 recruitment and retention strategy. Companies focused on remote work can look to areas with lower salaries for a great cost-saving strategy.

LaborIQ is uniquely intelligent software that helps you identify market-driven compensation demands for 20,000+ jobs across the U.S. to boost talent acquisition, talent retention, and business planning.

Related Reads:

U.S. Labor Market Report & Outlook for Eight Regions with Metro Insights
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