Overall unemployment rate moved down to 5.1% with the biggest shift in Transportation & Utilities, which lost 1,300 roles, based on the most recently available information published in March 2021.
Total employment in the Deltona-Daytona Beach-Ormond Beach, FL market rose by 1,977 jobs in January and the unemployment rate decreased compared to the prior month by 50 bps to 5.1%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Deltona-Daytona Beach-Ormond Beach, FL unemployment rate is 171 bps below the national rate which is a positive sign.
- Unemployment in the market is 150 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in January versus prior month by 3.7% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.6%. Key sectors include:
- Education & Healthcare: 40,000; +600
- Transportation & Utilities: 38,100; -1,300
- Restaurants & Hotels: 28,400; +200
- Government: 26,100; +200
- Business Services: 24,500; -100
- Construction, Mining: 14,700; -200
- Manufacturing: 10,600; -400
- Financial Services: 9,000; -200
- Other Jobs: 8,000; no change
- IT & Development: 1,900; no change
Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.