The South Florida Region's exceptional quality of life has always been able to attract a highly skilled workforce from around the world. As Miami-Dade and Broward Counties have progressively moved toward full build-out of their commercial/industrial footprint, Palm Beach County has become a significant growth destination for industry in South Florida.
Delray Beach is within a 40 mile commute of a Labor Force of 1.6 million within Palm Beach and Broward Counties.
In addition, our colleges and universities work closely with business to ensure future graduates are prepared to fill-in the sophisticated requirements of today's employers.
Florida has become one of the fastest growing states in the life sciences industry and is among the top 10 United States biotech centers according to Ernst & Young. In addition, a June 2012 report by CNBC ranked Florida's workforce as #3 in the nation based on the education level of the workforce, the number of available workers, union membership and the success of the state's worker training program in placing participants in jobs.
Palm Beach County Labor Market:
The unemployment rate in Palm Beach County was 8.6 percent in May 2012, down 1.8 percent from the May 2011 rate of 10.4 percent. Palm Beach County’s unemployment rate was 0.1 percent higher than the state’s unemployment rate of 8.5 percent. Out of a labor force of 620,005, there were 53,422 unemployed Palm Beach County residents.
In May 2012, nonagricultural employment in the West Palm Beach-Boca Raton Metropolitan Division was 508,200, up 0.4 percent over the year. Statewide employment increased by 0.7 percent over the same time period.
The West Palm Beach-Boca Raton Metropolitan Division gained 1,800 nonagricultural jobs over the year. Job gains were primarily in education and health services (+3,000 jobs) and government (+1,500 jobs). Other industries gaining jobs included professional and business services (+1,400 jobs); construction (+1,300 jobs); trade, transportation, and utilities (+900 jobs); and manufacturing (+100 jobs).
Industries that lost jobs over the year were leisure and hospitality (-5,700 jobs); financial activities (-600 jobs); and other services (-100 jobs). Employment in the information sector was unchanged from one year before.
The West Palm Beach-Boca Raton Metropolitan Division was the only metro area in the state that gained jobs over the year in the construction sector (+1,300 jobs), and it also ranked first in the state among metro areas for jobs gained over the year in the government sector (+1,500 jobs). The gains in government were mostly in local government.