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From CareerSource

Central Florida’s unemployment rate at 2.8%

The unemployment rate in the CareerSource Central Florida (CSCF) region (Lake, Orange, Osceola, Seminole, and Sumter counties) was 2.8% in September 2019. This rate was 0.3 percentage points lower than the region’s year-ago rate of 3.1%. The region’s September 2019 unemployment rate was 0.2 percentage points lower than the state rate of 3%. The labor force was 1,430,792, up 49,483 (+3.6) over the year. There were 39,963 unemployed residents in the region.
Unemployment Rates
Central Florida’s Lowest Unemployment Rates:
  • Seminole County had the lowest unemployment rate (2.6%) in the CSCF region followed by Orange County (2.7%), Lake County (2.9%), Osceola County (3.1%), and Sumter County (4.1%).
Job Growth Trends
Orlando-Kissimmee-Sanford MSA:
  •  Nonagricultural was 1,343,700, an Increase of 48,400 Jobs (+3.7%) Over the Year.
  • Highest Annual Job Growth*
  • Professional and Business Services (+21,100 jobs)
  • Leisure and Hospitality (+10,900 jobs)
  • Mining, Logging, and Construction (+6,200 jobs)
  • Manufacturing (+3,400 jobs)
  • Government (+2,800 jobs)
  • Tied for the Highest Annual Job Growth*
  • Information (+100 jobs)
  • Fastest Annual Job Growth Rate*
  • Professional and Business Services (+9.1%)
  • Manufacturing (+7.3%)
  • Third Highest Annual Job Growth*
  • Education and Health Services (+3,200 jobs)
  • Third Fastest Annual Job Growth Rate*
  • Information (0.4%)
  • Tied for the Third Fastest Annual Job Growth Rate*
  • Government (+2.2%)
*Compared to All the Metro Areas in the State
The Villages MSA:
  • Nonagricultural Employment in The Villages MSA was 30,600, an increase of 900 jobs (+3%) over the year.
Trends in High Growth Industries (HGIs)
  • The following HGIs Grew Faster in the CSCF Region than Statewide Over the Year:
  • Professional and Business services (+9.1%)
  • Mining, Logging, and Construction (+7.4%)
  • Manufacturing (+7.3%)
  • Leisure and Hospitality (+4.1%)
  • Government (+2.2%)
  • Information (+0.4%)
  • The Trade, Transportation, and Utilities Industry (-800 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 November 18 , 2019.

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