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Orange County unemployment rate drops to 2.7% in September

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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.

CareerSource Central Florida, Unemployment

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