Overall unemployment rate moved down to 2.6% with the biggest shift in Construction, Mining, which lost 400 roles, based on the most recently available information published in June 2023.
Total employment in the Deltona-Daytona Beach-Ormond Beach, FL market rose by 593 jobs in April and the unemployment rate decreased compared to the prior month by 30 bps to 2.6%. The national unemployment rate decreased by 53 bps over the same time to 3.1%.
- Deltona-Daytona Beach-Ormond Beach, FL unemployment rate is 50 bps below the national rate which is a positive sign.
- Unemployment in the market is 30 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 9.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.2%. Key sectors include:
- Education & Healthcare: 46,500; +200
- Transportation & Utilities: 43,800; -300
- Restaurants & Hotels: 35,400; -200
- Business Services: 26,600; +300
- Government: 26,500; no change
- Construction, Mining: 14,300; -400
- Manufacturing: 12,600; no change
- Financial Services: 9,900; no change
- Other Jobs: 8,200; no change
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through April 2023 (Data published June 2023 and reports created on June 8,2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.