Overall unemployment rate stayed flat with the biggest shift in Restaurants & Hotels, which gained 9,300 roles, based on the most recently available information published in April 2021.
Total employment in the Orlando-Kissimmee-Sanford, FL market rose by 20,237 jobs in February and the unemployment rate stayed flat. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Orlando-Kissimmee-Sanford, FL unemployment rate is 5 bps below the national rate which is a positive sign.
- Unemployment in the market is 360 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 5.9% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Transportation & Utilities: 227,900; -400
- Business Services: 213,600; +500
- Restaurants & Hotels: 178,500; +9,300
- Education & Healthcare: 157,000; +2,300
- Government: 126,600; +600
- Construction, Mining: 84,500; +100
- Financial Services: 76,600; +700
- Manufacturing: 47,100; +200
- Other Jobs: 39,800; +500
- IT & Development: 24,700; +200
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.