Overall unemployment rate moved down to 4.9% with the biggest shift in Government, which gained 1,600 roles, based on the most recently available information published in September 2021.
Total employment in the Deltona-Daytona Beach-Ormond Beach, FL market declined by 217 jobs in August and the unemployment rate decreased compared to the prior month by 30 bps to 4.9%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Deltona-Daytona Beach-Ormond Beach, FL unemployment rate is 39 bps below the national rate which is a positive sign.
- Unemployment in the market is 250 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 6.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Education & Healthcare: 40,100; +700
- Transportation & Utilities: 38,300; +100
- Restaurants & Hotels: 30,300; -200
- Government: 25,100; +1,600
- Business Services: 24,100; -800
- Construction, Mining: 15,000; no change
- Manufacturing: 11,000; -100
- Financial Services: 9,100; no change
- Other Jobs: 8,200; no change
- IT & Development: 1,900; no change
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.