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Florida Leads Nation’s Economic Recovery – And It’s Not Even Close

  • by:
  • Source: Dan Bongino
  • 06/11/2022
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Governor Ron DeSantis’ Florida is lead the nation’s economic recovery last month, and it’s not even close.

This news is hardly surprising, as the majority of states recovering the fastest economically have Republican governors, and Florida has been among the most defiant in standing against lockdowns and other onerous restrictions.

According to the Daily Wire:

The United States economy gained 194,000 jobs in the month of September, severely missing economists’ expectations. However, Florida alone gained 84,500 jobs during the same period — leading the nation in terms of the largest percentage increase.

Florida’s economy accelerated in September 2021, growing at three times the rate over the month compared to the nation. Overall for the month, Florida gained 84,500 total jobs, including nearly 73,000 private-sector jobs. This month marks 17 months of private-sector job growth, increasing by 5.6% over the year. Florida has experienced this magnitude of monthly private sector job growth on only four other occasions in the past 30 years.

In addition, Florida has experienced 11 consecutive months of labor force increases, adding 50,000 workers over the month. Florida’s labor force growth represents a 5.4% increase over-the-year, which is significantly higher than the national rate of 0.8%. In total, Florida has gained more than one million jobs since April 2020.

Meanwhile, while the coasts (and California specifically) suffer a ports crisis, Florida is the one state doing fine.

As always, I’m sure the media and the pundit class will learn absolutely nothing from this.

UPDATE:

Because this story is favorable to Republicans, naturally the “fact checkers” are out in full force, and once again, are doing a terrible job. They said that this isn’t a fair comparison because Florida is the third most populous state (who cares? growth is also fastest in Florida on a percentage basis too), that the numbers may be revised later on (which could also be in Florida’s favor), and that month-to-month data is volatile (this article specifies that we’re only talking about a single month).

Matt Palumbo is the author of The Man Behind the Curtain: Inside the Secret Network of George Soros

Photos by Getty Images

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