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Florida
offers more than just miles of swampland and beautiful beaches to its new
residents. The state is the fourth most populous in the country with over 18
million residents. Although the state hit a high of 12.1% unemployment in 2010,
as of October 2011 the unemployment rate remains stable at 10.6%. This is 1.5%
higher than the national average.
Florida's economy is largely based around tourism that is driven by the warm
weather and natural attractions along the coastline. Golf resorts have also taken
advantage of the lack of winter to create courses that can be played year round.
Its convenient location on the Gulf of Mexico also creates plenty of exportation
opportunities. The Sunshine State became the country's fourth largest exporter of
trade goods in 2010.
Job seekers may be happy to hear that Florida doesn't impose a personal income tax.
This means that workers are only obligated to pay federal income taxes.
Although real estate was once a booming business in Florida, the
faltering job market and high insurance premiums due to hurricane damage have
halted the industry. Over 95% of the state's revenue is produced in its 19
biggest cities, so you'll need to live in or nearby one to find a high-paying
job in most cases.
Additional information can be found
regarding Florida's economy and key employers by visiting Wikipedia: Florida Economy.
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Former recruiter
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