There's a battle for people brewing — and Florida is schooling the competition
that Florida held the distinction of America's fastest-growing state. California and New York, on the other hand, lost 180,000 and 114,000 residents respectively. Since the start of the pandemic in 2020, the contrast is even more stark: Florida welcomed 655,000 new people, according to Census estimates, while New Yok and California have seen their population fall by a combined 903,000.as our population ages and sails off into retirement, leaving fewer young workers to support the economy.
All this population growth has been a blessing for Florida's booming $1.4 trillion economy — already the fourth-largest in the country. Florida had the second-highest rate of job growth in 2022, according to the Bureau for Labor Statistics, adding about 440,000 jobs over the course of the year. The state is also tied for theat just 2.7%, well below the national rate of 3.4% and trailing only much smaller states like Alabama and South Dakota.
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