A recent study of the nationwide economic trends show a cluster of Southern states in a flurry of job growth on the heels of greatly improving economic outlook, according to the Economists Outlook blog of realtor.org. Despite the vast job loss from years past, the country has added 7.5 million new jobs in the previous 4 years, including a staggering 2.3 million in just the last 12 months.
In Florida, the trends are just as impressive. The Sunshine State is ranked 2nd in the country with 2.5% job growth in the last year, behind North Dakota, which saw 4% gains behind massive new oil and gas production. Along with Florida, two other southern states in Texas and Georgia saw robust job growth of 2.5 and 2.3 percent, respectively.
But it isn’t just the large metro markets that are making a splash in the job market – the smaller, local markets throughout Florida are seeing impressive job growth as well, and Southwest Florida is at the forefront. Naples is second in the state, behind only Sebastian-Vero Beach, with7.9% job growth in the last 12 months.
The larger cities in the United States are also experiencing dramatic growth, with a Florida destination leading the pack – Tampa-St. Petersburg (3.3%), Houston, (3.1%), and Nashville (3.1%).
Behind Florida, the top ten states for job growth are Texas, Georgia, Idaho, Oregon, Utah, Indiana, Colorado, and Delaware, each with 2% growth or more.