Fla. Job Market Brightens 11th Straight Month Due To Lower Taxes, Fewer Regs and Balanced Budget, Gov. Scott Says

June 19, 2012 - 9:55 AM

Florida Gov. Rick Scott is attributing the 11th straight drop in his state’s unemployment rate to “lower taxes, reduced regulation and a balanced state-budget.”

In an e-mail Monday, Gov. Scott cheered that “Florida’s economic recovery reached an important milestone as our unemployment rate dropped to 8.6% - our lowest since 2008.”

Scott said that 9,200 jobs were created in Florida in May (the U.S. economy added only 69,000 jobs), and that the unemployment rate fell for 11th straight month.

“Lower taxes, reduced regulations and a balanced state-budget continue to drive our remarkable turnaround and set the national standard for job growth,” Gov. Scott said.

Florida is one of only seven states with no state income tax.

“As more businesses expand or relocate to the Sunshine State, more Floridians are finding the quality jobs they're seeking,” Gov. Walker said.

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