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U.S. Bureau of Labor Statistics data shows that from June to July, there was a surge in employment resignations in Florida.
Twenty-five thousand workers in the state left their jobs in June, and 268,000 did the same in July. The 63,000 disparity represented the largest monthly rise, even among the most populated states, such as New York, Texas, and California, at 0.6 percent.
In comparison to June, fewer persons quit their employment in New York and Texas in July, and in California, the number of quits grew by just 3,000.
HR consultant Bryan Driscoll told Newsweek, “Workers are dissatisfied with the current state of overwork and a lack of worker protections, which in Florida seem to be providing even fewer protections.”
“Compared to states like California or New York or Illinois, where stronger labor protections and benefits are in place, Florida’s workforce faces fewer protections, which can make the job market feel unforgiving,” he stated.
Following Florida, Virginia and Pennsylvania experienced 22,000 and 23,000 job losses in July compared to June.
According to Driscoll, employees who left are probably looking for greater security, flexibility, and support from their employers.
“They’re prepared to give up if they don’t understand that. Additionally, the number of working-age individuals leaving the state currently equals the number of those entering it. Speaking of Florida, Driscoll remarked, “Even retirees are leaving.”
Following the pandemic, workers nationwide have begun to expect more from their employers, such as increased compensation, assistance with mental health, and better working and flexible hours.
Florida has more registered businesses than any other state in 2024, which suggests that it may be the location of a particularly large number of resignations. By April, there were 163,992 new companies.
Employers have, however, been creating fewer jobs nationwide than in prior months. Although 114,000 new positions were added in July, there was a notable decrease from the 179,000 jobs announced in June.
Although the unemployment rate in August was 4.2 percent, Florida may be facing a different job market than many other states in the union.
Workers in the Sunshine State are more inclined to seek more pay as the cost of living rises. With an inflation rate of 9 percent over the previous year, Miami, Fort Lauderdale, and the West Palm Beach region posted the highest rate of any Florida metro area this summer.
According to Alex Beene, a financial literacy instructor at the University of Tennessee at Martin, “it’s the culmination of a few years of steep rises in the cost of living in Florida that’s more than likely making many consider their jobs and economic futures in the state,” Newsweek said.
“The surge of new residents during the pandemic has produced higher prices across the board, from housing to insurance to everyday items, and those same costs are starting to catch up with many consumers,” he stated.
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Chris began his writing as a hobby while attending Florida Southern College in Lakeland, Florida. Today he and his wife live in the Orlando area with their three children and dog.
