Overall unemployment rate moved down to 3.9% with the biggest shift in Transportation & Utilities, which gained 6,800 roles, based on the most recently available information published in December 2021.
Total employment in the Orlando-Kissimmee-Sanford, FL market rose by 1,864 jobs in November and the unemployment rate decreased compared to the prior month by 50 bps to 3.9%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Orlando-Kissimmee-Sanford, FL unemployment rate is 1 bps above the national rate which is a negative sign.
- Unemployment in the market is 180 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 4.4% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Transportation & Utilities: 247,700; +6,800
- Business Services: 230,300; +2,300
- Restaurants & Hotels: 213,300; +2,100
- Education & Healthcare: 167,700; +700
- Government: 131,500; +1,100
- Construction, Mining: 88,500; -300
- Financial Services: 79,800; -200
- Manufacturing: 48,000; +700
- Other Jobs: 45,500; +400
- IT & Development: 25,300; +300
Data is based on the most recent 12 months available, through November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.