Bizjournals - October 2, 2006
by G. Scott Thomas
If you're looking for a new job, concentrate your search in Florida.
That state is home to five of the 10 hottest labor markets in America, according to a new Bizjournals study. Cape Coral-Fort Myers holds first place in the national rankings, while Sarasota-Bradenton, Orlando, Lakeland and Miami-Fort Lauderdale are also in the top 10.
These Florida markets rank high because they all enjoy strong job growth and low unemployment rates:
-- The workforce in Cape Coral-Fort Myers has expanded by 32.5 percent during the past five years, the fastest growth rate among the nation's 100 largest metropolitan areas. Sarasota-Bradenton is second in that category at 26.8 percent.
-- The five Florida markets have collectively added half a million jobs since 2001, led by gains of 194,900 jobs in Miami and 158,000 in Orlando.-- Cape Coral-Fort Myers and Sarasota-Bradenton have the lowest unemployment rates in the national study group, 2.6 percent. The only non-Florida market below 3 percent is Boise, Idaho.
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