Overall unemployment rate moved up to 3.0% with the biggest shift in Transportation & Utilities, which lost 1,300 roles, based on the most recently available information published in March 2023.
Total employment in the Deltona-Daytona Beach-Ormond Beach, FL market rose by 2,937 jobs in January and the unemployment rate increased compared to the prior month by 50 bps to 3.0%. The national unemployment rate increased by 60 bps over the same time to 3.9%.
- Deltona-Daytona Beach-Ormond Beach, FL unemployment rate is 86 bps below the national rate which is a positive sign.
- Unemployment in the market is 80 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in January versus prior month by -0.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -0.4%. Key sectors include:
- Education & Healthcare: 45,100; -100
- Transportation & Utilities: 44,200; -1,300
- Restaurants & Hotels: 34,600; +600
- Government: 26,300; -100
- Business Services: 26,000; +400
- Construction, Mining: 14,700; -200
- Manufacturing: 12,600; -100
- Financial Services: 9,700; -200
- Other Jobs: 8,200; no change
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through January 2023 (Data published March 2023 and reports created on March 17, 2023). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.