The August jobs numbers released Friday in Tallahassee show continuing momentum for Santa Rosa County, where employment grew by about 500 from the same period a year earlier and the joblessness rate fell to 4.8 percent from 5.7.
Santa Rosa’s unemployment rate is well under the 5.7 percent for Florida overall in August, the state Bureau of Economic Opportunity report showed.
The figures also showed that Santa Rosa is adding jobs at a faster rate than neighboring Escambia and Okaloosa counties. Indeed, the survey showed that Escambia added a net total of only 3 jobs from August 2014 to last month, while Okaloosa reported about 900 fewer people working.
The strongest area of job growth appears to be in established businesses that are hiring, according to University of West Florida economist Rick Harper. “I’d say the startups are under stress,” Harper said