Overall unemployment rate moved down to 2.9% with the biggest shift in Education & Healthcare, which lost 600 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 3,252 jobs in March and the unemployment rate decreased compared to the prior month by 50 bps to 2.9%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- Deltona-Daytona Beach-Ormond Beach, FL unemployment rate is 85 bps below the national rate which is a positive sign.
- Unemployment in the market is 230 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 4.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.6% . Key sectors include:
- Transportation & Utilities: 44,300; +600
- Education & Healthcare: 38,800; -600
- Restaurants & Hotels: 33,000; +500
- Government: 26,500; +100
- Business Services: 24,200; +600
- Construction, Mining: 14,500; no change
- Manufacturing: 11,900; no change
- Financial Services: 9,800; +100
- Other Jobs: 8,400; no change
- IT & Development: 1,800; no change
Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.