How does the number of office job postings in Fort Lauderdale compare to salary growth?
![graph of number of total job postings in Fort Lauderdale by sector from Q4 2021 to November 2023 with average job posting salary](/documents/35486/96633304/Fort+Lauderdale+Data+Bite+11.15.23.png/5aae594a-691e-e4dc-96a5-fc4ad3e8b73f?t=1703013936537)
- Fort Lauderdale has witnessed a downward shift in office job postings after reaching a peak in the first quarter of 2022, reflecting a transition in the labor market. Economic headwinds have led companies to implement cost-saving efforts, resulting in the lowest number of in-office job postings in the third quarter of 2023 and stagnant wage growth.
- Office job postings in Broward County have decreased for seven consecutive quarters, as the third quarter of 2023 ended with just over 12,000 open positions, a 15.2% decline from 2022.
- The legal occupations sector experienced the most substantial salary growth in 2022 and 2023 within the office market with an 8.9% year-over-year increase. In contrast, business and financial occupations, as well as computer and mathematical occupations each observed declines in wages of 3% from the fourth quarter of 2022 to the same period in 2023.
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US-FL-FLL Fort Lauderdale