Overall unemployment rate moved up to 7.2% with the biggest shift in Government, which lost 200 roles, based on the most recently available information published in July 2021.
Total employment in the The Villages, FL market declined by 19 jobs in June and the unemployment rate increased compared to the prior month by 150 bps to 7.2%. The national unemployment rate increased by 60 bps over the same time to 6.1%.
- The Villages, FL unemployment rate is 111 bps above the national rate which is a negative sign.
- Unemployment in the market is 380 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in June versus prior month by -1.2% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
For key employment segments of the market, total jobs declined by -3.8%. Key sectors include:
- Government: 5,000; -200
Employment Change by Key Sector
