Overall unemployment rate moved up to 6.0% with the biggest shift in Government, which lost 8,100 roles, based on the most recently available information published in July 2021.
Total employment in the Orlando-Kissimmee-Sanford, FL market rose by 17,234 jobs in June and the unemployment rate increased compared to the prior month by 60 bps to 6.0%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- Orlando-Kissimmee-Sanford, FL unemployment rate is 9 bps below the national rate which is a positive sign.
- Unemployment in the market is 1,250 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 3.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 230,600; +1,300
- Business Services: 215,600; +300
- Restaurants & Hotels: 196,200; +6,300
- Education & Healthcare: 165,700; +2,600
- Government: 117,500; -8,100
- Construction, Mining: 85,500; +200
- Financial Services: 78,700; +1,400
- Manufacturing: 48,000; +700
- Other Jobs: 42,900; +1,600
- IT & Development: 24,600; no change