Overall unemployment rate moved down to 5.0% with the biggest shift in Government, which gained 9,400 roles, based on the most recently available information published in September 2021.
Total employment in the Orlando-Kissimmee-Sanford, FL market rose by 8,095 jobs in August and the unemployment rate decreased compared to the prior month by 30 bps to 5.0%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Orlando-Kissimmee-Sanford, FL unemployment rate is 29 bps below the national rate which is a positive sign.
- Unemployment in the market is 570 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 3.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.4% . Key sectors include:
- Transportation & Utilities: 234,500; +1,400
- Business Services: 220,700; +1,800
- Restaurants & Hotels: 205,800; +1,300
- Education & Healthcare: 163,400; +100
- Government: 128,200; +9,400
- Construction, Mining: 85,300; +200
- Financial Services: 80,300; +1,600
- Manufacturing: 48,200; +500
- Other Jobs: 45,200; +1,200
- IT & Development: 24,800; +100
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.