Overall unemployment rate moved down to 3.4% with the biggest shift in Restaurants & Hotels, which gained 1,100 roles, based on the most recently available information published in April 2022.
Total employment in the Deltona-Daytona Beach-Ormond Beach, FL market rose by 849 jobs in February and the unemployment rate decreased compared to the prior month by 40 bps to 3.4%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.
- Deltona-Daytona Beach-Ormond Beach, FL unemployment rate is 74 bps below the national rate which is a positive sign.
- Unemployment in the market is 140 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in February versus prior month by 3.8% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Transportation & Utilities: 43,900; +800
- Education & Healthcare: 39,400; -200
- Restaurants & Hotels: 32,700; +1,100
- Government: 26,400; +100
- Business Services: 23,400; -100
- Construction, Mining: 14,500; +100
- Manufacturing: 11,800; +200
- Financial Services: 9,700; +300
- Other Jobs: 8,400; +100
- IT & Development: 1,900; no change
Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.