Overall unemployment rate moved down to 4.5% with the biggest shift in Education & Healthcare, which gained 3,800 roles, based on the most recently available information published in November 2021.
Total employment in the Orlando-Kissimmee-Sanford, FL market rose by 18,832 jobs in September and the unemployment rate decreased compared to the prior month by 50 bps to 4.5%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.
- Orlando-Kissimmee-Sanford, FL unemployment rate is 6 bps below the national rate which is a positive sign.
- Unemployment in the market is 420 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in September versus prior month by 4.3% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Transportation & Utilities: 236,600; +2,200
- Business Services: 225,700; +3,100
- Restaurants & Hotels: 205,400; +2,200
- Education & Healthcare: 166,700; +3,800
- Government: 129,900; +1,700
- Construction, Mining: 87,600; +2,300
- Financial Services: 79,500; -400
- Manufacturing: 48,200; +300
- Other Jobs: 45,000; -300
- IT & Development: 24,900; +100
Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.