Overall unemployment rate stayed flat at 4.4% with the biggest shift in Restaurants & Hotels, which gained 4,600 roles, based on the most recently available information published in December 2021.
Total employment in the Orlando-Kissimmee-Sanford, FL market rose by 4,797 jobs in October and the unemployment rate stayed flat. The national unemployment rate decreased by 30 bps over the same time to 4.3%.
- Orlando-Kissimmee-Sanford, FL unemployment rate is 14 bps above the national rate which is a negative sign.
- Unemployment in the market is 240 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in October versus prior month by 7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.0% . Key sectors include:
- Transportation & Utilities: 240,100; +3,400
- Business Services: 227,500; +1,700
- Restaurants & Hotels: 210,300; +4,600
- Education & Healthcare: 167,500; +1,300
- Government: 130,400; +500
- Construction, Mining: 88,400; +600
- Financial Services: 80,500; +900
- Manufacturing: 47,500; -700
- Other Jobs: 45,200; +100
- IT & Development: 25,100; +200
Data is based on the most recent 12 months available, through October 2021 (Data published December 2021 and reports created on December 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.