November 2024 | Released December 19, 2024

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United States Employment Snapshot

• In November, among the 50 states and the District of Columbia unemployment fell in 6, rose in 25, and remained unchanged in 20.

• The highest unemployment rate was 5.7 percent in Nevada, and the lowest was 1.9 percent in South Dakota. Nationally, the unemployment rate rose by 0.1 percentage point to 4.2 percent.

• In November, payroll jobs rose in 39 states and fell in 12. The largest payroll job percent increase was 0.9 percent in Washington. The largest payroll job percent decline was 0.3 percent in Vermont.

Florida Employment Snapshot

• In November, Florida added 61,500 net payroll jobs and the unemployment rate rose by 0.1 percentage point to 3.4 percent. In the prior month, Florida lost 35,000 net payroll jobs.

• Over the past 12 months, Florida added 163,900 net payroll jobs and the unemployment rate rose by 0.3 percentage points from 3.1 percent.

• Nationally, nonfarm payrolls rose by 227,000 in November, or 0.1 percent. Florida is tied for 15th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• In November, Florida’s private sector added 60,100 net private payroll jobs, and over the past 12 months it added 137,400 private payroll jobs. In the prior month, Florida lost 35,000 net private payroll jobs.

• In November, employment in Florida fell by 20,631, and over the past 12 months it fell by 82,047.

• Florida’s labor force participation rate fell to 58.2 percent in November from 58.3 percent and is tied for 44th in the nation. In the past 12 months, the labor force participation rate has fallen by 1.3 percentage points.

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Florida Payroll Employment

• Florida added 61,500 net payroll jobs, or 0.6 percent, on a seasonally adjusted basis during November. In the prior month, Florida lost 35,000 jobs. Florida nonfarm payroll employment has increased in 10 of the past 12 months.

• Nationally, nonfarm payrolls rose by 227,000 in November, or 0.1 percent. Florida is tied for 15th in the nation for percentage gain in nonfarm payroll employment over the past 12 months.

• Florida added 60,100 private sector jobs, or 0.7 percent. on a seasonally adjusted basis during November. In the prior month, Florida lost 35,000 jobs. Florida private sector payroll employment has increased in 9 of the past 12 months.

• Nationally, private sector payroll jobs rose by 194,000 jobs in November, or 0.1 percent. Florida is tied for 16th in the nation for percentage gain in private sector payroll employment over the past 12 months.

• The best performing sectors on a seasonally adjusted basis during November were Leisure and Hospitality (30,500) and Trade, Transportation, and Utilities (11,000).

• The poorest performing sectors during the month were Information (700) and Professional and Business Services (-200).

• The best performing sectors during the last 12 months were Education and Health Services (34,300) and Leisure and Hospitality (31,400).

• The poorest performing sectors during the last 12 months were Financial Activities (-2,500) and Manufacturing (-3,200).

Florida Labor Force

The labor force participation rate is the percentage of the civilian noninstitutionalized population age 16 and older who are employed or actively looking for work.

• The labor force participation rate in Florida fell to 58.2 percent in November from 58.3 percent in the prior month.

• Florida is tied for 44th in the nation.

• The 10-year high for the labor force participation rate in Florida was 59.7 percent occurring in September 2023, and the 10-year low was 53.8 percent in April 2020.

• The national labor force participation rate fell by 0.1 percentage points to 62.5 percent in November.