Overall unemployment rate moved down to 2.9% with the biggest shift in Transportation & Utilities, which gained 1,000 roles, based on the most recently available information published in January 2022.
Total employment in the Deltona-Daytona Beach-Ormond Beach, FL market declined by 1,844 jobs in November and the unemployment rate decreased compared to the prior month by 10 bps to 2.9%. The national unemployment rate decreased by 4 bps over the same time to 3.4%.
- Deltona-Daytona Beach-Ormond Beach, FL unemployment rate is 46 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) declined in November 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 grew by 0.9% . Key sectors include:
- Transportation & Utilities: 45,400; +1,000
- Education & Healthcare: 42,100; +200
- Restaurants & Hotels: 33,700; +300
- Government: 27,600; no change
- Business Services: 24,900; +100
Data is based on the most recent 12 months available, through November 2022 (Data published January 2022 and reports created on January 3, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.