Overall unemployment rate moved up to 2.9% with the biggest shift in Government, which lost 8,400 roles, based on the most recently available information published in August 2022.

Total employment in the Tampa-St. Petersburg-Clearwater, FL market rose by 5,701 jobs in June and the unemployment rate increased compared to the prior month by 50 bps to 2.9%. The national unemployment rate increased by 46 bps over the same time to 3.8%.

  • Tampa-St. Petersburg-Clearwater, FL unemployment rate is 94 bps below the national rate which is a positive sign.
  • Unemployment in the market is 190 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in June versus prior month by 6.2% and are down 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 June 2022

For key employment segments of the market, total jobs declined by -0.4%. Key sectors include:

  • Transportation & Utilities: 273,200; +1,000
  • Business Services: 270,700; -2,300
  • Education & Healthcare: 220,600; +200
  • Restaurants & Hotels: 169,800; -400
  • Government: 144,200; -8,400
  • Financial Services: 135,700; +600
  • Construction, Mining: 87,400; -500
  • Manufacturing: 72,500; +1,800
  • Other Jobs: 48,800; +1,500
  • IT & Development: 28,000; +100
Tampa-St. Petersburg-Clearwater, FL Unemployment by Industry June 2022

Data is based on the most recent 12 months available, through June 2022 (Data published August 2022 and reports created on August 3, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.