Florida is the most entrepreneurial state in the U.S., having the highest percentage of the population starting a new business. It leads seven of the top 10 most entrepreneurial states run by Republican governors.
Florida has 13,238 small businesses per 100,000 residents and Florida’s new start-up businesses created the highest number of jobs in their first year. Florida also leads the U.S. with new business formations; over 2.6 million new businesses were formed in the last four years.
Florida’s unemployment rate is one of the lowest in the country and has been below the national average for nearly three years. With over one million Floridians joining the workforce, Florida has outpaced the national rate for labor force growth and private sector job growth for over two years.