Over the last year from September 2018 to September 2017, Florida created more jobs than any other state, with over 407 thousand created. And, Florida’s employment grew at the fastest rate, 4.8% year-over-year.
Richard Baris, writing at The People’s Pundit Daily, calls Scott’s successful management of the Florida economy “the most underreported state economic revival in at least a decade.” He continues:
Florida leads the 10 largest states in job growth and has added 75,449 new businesses since December 2010, a 16.5% increase in private-sector employers. At 4.1%, unemployment in the state is at the lowest level since 2006 and lower than the 4.4% national rate, which itself is a 16-year low.
The Scott Administration’s recipe for growth in Florida has been lowering taxes and regulations, diversification of the economy and investment in infrastructure and jobs training. The Republican-controlled legislature has approved $6.5 billion in tax cuts proposed by Gov. Scott over the last six years.
“We have worked hard to diversify our economy by cutting taxes and reducing burdensome regulations to make Florida the most business-friendly state in the nation,” Gov. Scott said in a statement. “Our economy is on a roll, and with the creation of the new $85 million Florida Job Growth Grant Fund to promote public infrastructure projects and job training projects, we will continue to welcome job creators to our state and help create opportunities for future generations.”
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