Overall unemployment rate moved down to 3.0% with the biggest shift in Government, which gained 2,100 roles, based on the most recently available information published in September 2022.
Total employment in the Deltona-Daytona Beach-Ormond Beach, FL market rose by 2,152 jobs in August and the unemployment rate decreased compared to the prior month by 10 bps to 3.0%. The national unemployment rate stayed flat over the same time period at 3.8%.
- Deltona-Daytona Beach-Ormond Beach, FL unemployment rate is 79 bps below the national rate which is a positive sign.
- Unemployment in the market is 160 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 0.3% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.2% . Key sectors include:
- Transportation & Utilities: 44,200; +100
- Education & Healthcare: 40,000; +600
- Restaurants & Hotels: 33,300; -400
- Government: 27,200; +2,100
- Business Services: 25,000; +100
- Construction, Mining: 14,600; no change
- Manufacturing: 12,200; +100
- Financial Services: 10,000; no change
- Other Jobs: 8,900; no change
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.