Overall unemployment rate moved up to 5.8% with the biggest shift in Government, which lost 2,400 roles, based on the most recently available information published in July 2021.
Total employment in the Deltona-Daytona Beach-Ormond Beach, FL market rose by 87 jobs in June and the unemployment rate increased compared to the prior month by 70 bps to 5.8%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Deltona-Daytona Beach-Ormond Beach, FL unemployment rate is 29 bps below the national rate which is a positive sign.
- Unemployment in the market is 520 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in June versus prior month by 2.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.2%. Key sectors include:
- Education & Healthcare: 38,400; -1,100
- Transportation & Utilities: 38,200; +400
- Restaurants & Hotels: 30,300; +700
- Business Services: 24,500; no change
- Government: 23,700; -2,400
- Construction, Mining: 15,000; +100
- Manufacturing: 11,100; -300
- Financial Services: 9,100; +100
- Other Jobs: 8,200; +100
- IT & Development: 1,900; no change