Overall unemployment rate stayed flat at 2.7% with the biggest shift in Government, which gained 8,200 roles, based on the most recently available information published in September 2022.

Total employment in the Tampa-St. Petersburg-Clearwater, FL market rose by 2,048 jobs in August and the unemployment rate stayed flat. The national unemployment rate stayed flat over the same time period at 3.8%.

  • Tampa-St. Petersburg-Clearwater, FL unemployment rate is 109 bps below the national rate which is a positive sign.
  • Unemployment in the market is 160 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in August versus prior month by 4.3% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Tampa-St. Petersburg-Clearwater, FL Unemployment August 2022

For key employment segments of the market, total jobs grew by 0.7% . Key sectors include:

  • Business Services: 274,300; -500
  • Transportation & Utilities: 273,500; -1,400
  • Education & Healthcare: 222,100; +400
  • Restaurants & Hotels: 172,100; +2,800
  • Government: 150,600; +8,200
  • Financial Services: 136,200; -800
  • Construction, Mining: 87,600; +300
  • Manufacturing: 73,100; +800
  • Other Jobs: 49,900; +200
  • IT & Development: 28,300; +100
Tampa-St. Petersburg-Clearwater, FL Unemployment by Industry August 2022

Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.