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Fort Lauderdale, FL Employment Information
Fort Lauderdale, Florida Overview
Fort Lauderdale is the county seat of Broward County, and the largest city in the South Florida metropolitan complex. With its sunny tropical climate and miles of sandy beaches, Fort Lauderdale is a prime tourist destination, welcoming over 12 million visitors each year.
The city was incorporated in 1911 and was one of the fastest growing areas in the country through 1980. While growth has slowed in past decades, the metropolitan area is home to approximately 1.8 million people; the South Florida metro area consists of over 5.5 million residents. Jobs in Fort Lauderdale, FL are concentrated in the tourism, hospitality, yachting, and healthcare industries.
The cost of living in Fort Lauderdale is 9 percent higher than the national average according to Forbes, with a median home price of $237,000, well above the $181,400 national median. At 5.5 percent, unemployment is slightly below the national average. Median household income is $50,300 per year.
Fort Lauderdale Job Opportunities
The outlook for jobs in Fort Lauderdale is good, especially in the yachting and boating industry, which employs 109,000 people countywide. The city boasts over 100 marinas and boatyards. Fort Lauderdale is also a major cruise ship port.
Other Fort Lauderdale, FL jobs include high-end retail and hospitality jobs to tend to the affluent visitors that flock to the region each year. The newly redeveloped and re-energized downtown area houses major financial and professional services companies, including Bank of America Plaza, PNC Center, and SunTrust Center. Financial services company American Express is one of the largest employers of Fort Lauderdale jobs, providing 4,200 jobs to city residents.
Major employers for Fort Lauderdale jobs include Citrix Systems, AutoNation, Spirit Airlines and DHL Express. The healthcare industry is also flourishing in Fort Lauderdale; the city's largest employer is Tenet Healthcare, with over 5,000 employees. Opportunities abound in nearby South Florida cities; try searching for Pompano Beach jobs to see other options.
Fort Lauderdale Employment Trends
At 5.5 percent, Fort Lauderdale's unemployment rate is near the national average of 5.9 percent. The city experienced a robust 3.0 percent job growth rate, higher than the national average of 1.9 percent for the 12-month period ending in June 2014. Fort Lauderdale ranks as the 102nd best place for careers in the Forbes annual report, and number 125 for job growth. Leisure and hospitality jobs posted a 4 percent growth rate, as did jobs in the professional and business sector. Construction jobs in Fort Lauderdale experienced explosive growth at over 10 percent.