issue: job growth

8/8/2019 Issue: Job Growth

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ISSUE: Job Growth While net job growth has declined since 2005, Duval County’s performance has exceeded the

state of Florida rate in 2006 and 2007.

QUESTION: As Mayor, what would you do over the next four years to increase Duval County annual percentage job growth at a rate above the State of Florida average?

DISCUSSION: Jacksonville is currently experiencing signs of positive growth in private sector jobs for the first

time since

October

2007.

This

is

another

sign

that

regional

stabilization

in

on

its

way.

Since

2000, more than 30,000 new jobs have been created by companies expanding or relocating in

our area. According to JCCI’s 2006 study on Attracting and Retaining Talent, job growth is

directly related to our ability to attract new business to the area. The community is often

nationally ranked as a great city for relocating or starting a company based on the low cost of

doing business locally.

Source: http://jacksonville.com/business/2010‐10‐02/story/jacksonville‐shows‐ job‐growth‐first‐time‐3‐years



According to the Agency for Workforce Innovation, online job postings in Florida compiled by

Help Wanted OnLine, have increased for four consecutive months. AWI Director Cynthia R.

Lorenzo says, “Despite continued fluctuations in unemployment rates, there are encouraging

indicators of recovery in Florida including recent increases in online job postings and over‐the‐

year job growth.”



According to the Florida Times‐Union in May of 2010, experts predict a 0.6 percent increase in

jobs for the First Coast when comparing the fourth quarter of 2009 with the fourth quarter of

2010. Predicted job growth by industry for our area is listed below.

Predicted Job Growth

(Over The Next 7 Months)

Industry Percent Growth

Construction 8.5%

Retail Trade 4.4%

Other Service 3.4%

Wholesale Trade 2.9%

Transportation & Warehousing 1.6%

Utilities 1.5%

Leisure

&

Hospitality

1.1%

Professional & Business Services 0.07%

Education ‐0.4%

Health Services ‐0.4%

Information ‐4.2%

Financial ‐1.0%

Manufacturing ‐2.3%

Natural Resources ‐3.5%

Government ‐3.7%



Source:

http://jacksonville.com/opinion/blog/401574/abel‐harding/2010‐05‐14/slow‐steady‐ job‐growth‐

predicted‐ jacksonville

Data and Resources for Learning More about this Subject: Resources: Bureau of Labor Statistics – http://www.bls.gov/home.htm

Jacksonville Regional Chamber of Commerce – http://www.opportunityjacksonville.com

JCCI ‐ Attracting and Retaining Talent ‐

http://www.jcci.org/jcciwebsite/documents/06%20Attracting%20&%20Retaining%20Talent.pdf

issue: job growth

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