Overall unemployment rate moved down to 2.9% with the biggest shift in Education & Healthcare, which gained 800 roles, based on the most recently available information published in April 2023.
Total employment in the Deltona-Daytona Beach-Ormond Beach, FL market rose by 3,171 jobs in February and the unemployment rate decreased compared to the prior month by 10 bps to 2.9%. The national unemployment rate increased by 3 bps over the same time to 3.9%.
- Deltona-Daytona Beach-Ormond Beach, FL unemployment rate is 99 bps below the national rate which is a positive sign.
- Unemployment in the market is 50 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 3.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.1% . Key sectors include:
- Education & Healthcare: 45,900; +800
- Transportation & Utilities: 44,200; no change
- Restaurants & Hotels: 35,100; +600
- Government: 26,500; +200
- Business Services: 26,100; +700
- Construction, Mining: 14,800; +100
- Manufacturing: 12,600; no change
- Financial Services: 9,800; +100
- Other Jobs: 8,200; no change
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through February 2023 (Data published April 2023 and reports created on April 10, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.