Florida has been named among the country’s top 10 best states for job seekers by the folks at WalletHub.
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As graduates from the Class of 2017 start hitting the pavement in hopes of landing gainful employment, Florida is one of the best states in the country to look for a job. That’s according to WalletHub, which on Thursday released its analysis of the best and worst states for jobs.
The number crunchers at the website that’s dedicated to all things personal finance-related looked at 24 key metrics to arrive at the findings. Points considered included employment growth, monthly average starting salary, unemployment rates and job opportunities, among others. Data was collected from the U.S. Census Bureau, the Bureau of Labor Statistics, Gallup-Healthways and other sources.
When all was said and done, Florida came in 10th place. The Sunshine State ranked high in the following metrics to earn its berth in the top 10:
- Employment growth – 18th
- Monthly average starting salary – 21st
- Average length of workweek (hours) – 22nd
- Unemployment rate – 27th
- Job opportunities – 28th
Washington state earned first-place honors in the ranking with Colorado coming in second. New Hampshire landed in the number-three slot with South Dakota and New Jersey finishing up the top five. West Virginia came in 50th place.
WalletHub’s study isn’t the only report touting strong employment numbers in Florida. The state announced last month that its unemployment rate fell to 4.5 percent during April 2017, which is the lowest it had been since September 2007.
According to Gov. Rick Scott’s office, 15,000 private-sector jobs were created across the state in April. That brings the total number of new jobs added to the Florida economy since December 2010 up to 1,355,700, Scott’s office said. The tally puts Florida’s annual private-sector job growth rate at 2.9 percent, which tops the national average of 1.7 percent.
In the Tampa Bay area, the governor’s office estimates 31,800 new private-sector jobs had been added over the year in April. The region’s unemployment rate stood at 3.8 percent, which was down 0.6 percent over last year. That number also bested the state average.