NEW YORK – Jan. 8, 2014 – Pew Charitable Trusts – an independent, non-partisan research and public policy organization, projected expected employment growth for each U.S. state, and overall, Florida ranked fifth in expected job growth in 2014.
Since jobs and home sales go hand in hand, the growth could benefit Florida’s real estate buyers and sellers.
To compare states with different populations, the study compared the anticipated percentage of job growth. In Florida, Pew estimates that the state will see 176,423 new jobs for a 2.34 percent increase.
The top state for jobs? North Dakota with an expected growth rate of 3.56 percent, though that translates into only 15,902 jobs due to the state’s smaller population. At the bottom of the list, Washington, D.C., is expected to grow jobs by only 0.75 percent in 2014.
© 2014 Florida Realtors®