Overall unemployment rate moved down to 4.7% with the biggest shift in Government, which gained 100 roles, based on the most recently available information published in February 2022.
Total employment in the The Villages, FL market rose by 111 jobs in December and the unemployment rate decreased compared to the prior month by 30 bps to 4.7%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- The Villages, FL unemployment rate is 101 bps above the national rate which is a negative sign.
- Unemployment in the market is 40 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in December versus prior month by 14.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.9% . Key sectors include:
- Government: 5,300; +100
Data is based on the most recent 12 months available, through December 2021 (Data published February 2022 and reports created on February 4, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.