Overall unemployment rate moved up to 5.6% with the biggest shift in Restaurants & Hotels, which gained 4,600 roles, based on the most recently available information published in June 2021.
Total employment in the Orlando-Kissimmee-Sanford, FL market rose by 12,896 jobs in April and the unemployment rate increased compared to the prior month by 20 bps to 5.6%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Orlando-Kissimmee-Sanford, FL unemployment rate is 15 bps below the national rate which is a positive sign.
- Unemployment in the market is 1,210 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 2% 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:
- Transportation & Utilities: 226,800; -2,400
- Business Services: 212,800; +100
- Restaurants & Hotels: 186,300; +4,600
- Education & Healthcare: 160,600; +2,800
- Government: 126,900; +100
- Construction, Mining: 86,000; -700
- Financial Services: 76,800; +700
- Manufacturing: 47,300; +700
- Other Jobs: 40,700; +700
- IT & Development: 24,500; no change
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.