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From CareerSource

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Central Florida’s Rate at 2.6%

The unemployment rate in the CareerSource Central Florida (CSCF) region (Lake, Orange, Osceola, Seminole, and Sumter counties) was 2.6% in November 2019, which was 0.1 percentage point lower than the state rate of 2.7%. This rate was 0.4 percentage points lower than the rate of 3.0% during the same timeframe last year. The labor force was 1,417,400, up 32,268 (+2.3) over the year. There were 36,468 unemployed residents in the region.
Unemployment Rates
Central Florida’s Lowest Unemployment Rates:
  • Orange County had the lowest unemployment rate (2.4%) in the CSCF region followed by Seminole County (2.5%), Lake County (2.8%), Osceola County (2.8%), and Sumter County (4.1%).
Job Growth Trends
Orlando-Kissimmee-Sanford MSA:
  • Nonagricultural was 1,364,900, an increase of 36,700 Jobs (+2.8%) Over the Year.
  • Highest Annual Job Growth*
  • Professional and Business Services (+12,100 Jobs)
  • Leisure and Hospitality (+10,300 Jobs)
  • Mining, Logging, and Construction (+4,900 Jobs)
  • Government (+2,300 Jobs)
  • Manufacturing (+3,800 Jobs)
  • Education and Health Services (+4,400 Jobs)
  • Fastest Annual Job Growth Rate*
  • Manufacturing (+8.1%)
  • Second Highest Annual Job Growth*
  • Mining, Lodging, and Construction (+4,900 jobs)
  • Third Fastest Annual Job Growth Rate*
  • Education and Health Services (+7.7%)
The Villages MSA:
  • Nonagricultural Employment was 31,300, an increase of 1,100 Jobs (+3.6%) Over the Year.
*Compared to All the Metro Areas in the State
The Villages MSA:

 

  • Nonagricultural Employment in The Villages MSA was 30,700, an increase of 800 jobs (+2.7%) over the year.
Trends in High Growth Industries (HGIs)
  • The following HGIs Grew Faster in the CSCF Region than Statewide Over the Year:
  • Manufacturing (+8.1)
  • Mining, Logging, and Construction (+5.8%)
  • Professional and Business services (+5.0%)
  • Leisure and Hospitality (+3.8%)
  • Government (+1.8%)
  • The Trade, Transportation, and Utilities Industry (-1,000 jobs) Lost Jobs Over the Year.
Additional Information
Source: Florida Department of Economic Opportunity, Bureau of Workforce Statistics and Economic Research.
Next Release Scheduled for January 24, 2020

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