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Orange County unemployment rate ticks up to 3.1% in June

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From CareerSource

Central Florida rises to 3.3%

From CareerSource

The unemployment rate in the CareerSource Central Florida region (Lake, Orange, Osceola, Seminole, and Sumter counties) was 3.3 percent in June 2019. This rate was 0.3 percentage point lower than the region's year-ago rate of 3.6 percent. The region's June 2019 unemployment rate was 0.2 percentage point lower than the state rate of 3.5 percent. The labor force was 1,411,089, up 35,751 (+2.6) over the year. There were 46,391 unemployed residents in the region.

The unemployment rates for the five counties that comprise the Central Florida region were: Lake County (3.5 percent), Orange County (3.1 percent), Osceola County (3.6 percent), Seminole County (3.2 percent), and Sumter County (5.2 percent).

• In June 2019 non-agricultural employment in the Orlando-Kissimmee-Sanford MSA was 1,329,300, an increase of 48,600 jobs (+3.8 percent) over the year.

• The Orlando-Kissimmee-Sanford MSA had the highest annual job growth compared to all the metro areas in the state in professional and business services (+15,100 jobs); leisure and hospitality (+12,400 jobs); mining, logging, and construction (+5,200 jobs); and manufacturing (+2,900 jobs).

• The Orlando-Kissimmee-Sanford MSA was tied for the highest annual job growth compared to all the metro areas in the state in government (+1,600 jobs) in June 2019.

• The Orlando-Kissimmee-Sanford MSA had the second fastest annual job growth rate compared to all the metro areas in the state in information (+1.2 percent) in June 2019.

• The Orlando-Kissimmee-Sanford MSA had the second-highest annual job growth compared to all the metro areas in education and health services (+6,100 jobs); trade, transportation, and utilities (+2,700 jobs); and information (+300 jobs) in June 2019.

• The Orlando-Kissimmee-Sanford MSA had the third-highest annual job growth compared to all the metro areas in the state in financial activities (+1,200 jobs) in June 2019.

• The professional and business services (+6.5 percent); mining, logging, and construction (+6.3 percent); manufacturing (+6.2 percent); leisure and hospitality (+4.6 percent); government (+1.4 percent); and information (+1.2 percent) industries grew faster in the metro area than statewide over the year.

• The industries gaining in jobs over the year were: professional and business services(+15,100 jobs); leisure and hospitality (+12,400 jobs); education and health services (+6,100jobs); mining, logging, and construction (+5,200 jobs); manufacturing (+2,900 jobs); trade,transportation, and utilities (+2,700 jobs); government (+1,600 jobs); financial activities(+1,200 jobs); other services (+1,100 jobs); and information (+300 jobs).

• In June 2019 non-agricultural employment in The Villages, MSA was 30,300, an increase of 1,100 jobs (+3.8 percent) over the year.

Source: Florida Department of Economic Opportunity, Bureau of Workforce Statistics and Economic Research. Next Release Scheduled for August 16, 2019.

CareerSource Central Florida, Unemployment

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