Orange County unemployment rate remains at 3.1% in July

Central Florida's rate at 3.3%

The unemployment rate in the CareerSource Central Florida five-county region (Lake, Orange, Osceola, Seminole, and Sumter counties) was 3.3 percent in July 2019, which was a 0.2 percentage point lower than Florida’s rate of 3.5 percent. The labor force was 1,419,960, up 35,643 (+2.6) over the year with 46,263 unemployed residents across the region.

Lowest Unemployment Rate:

The unemployment rates for the five counties that comprise the Central Florida region were: Lake County (3.4 percent), Orange County (3.1 percent), Osceola County (3.6 percent), Seminole County (3.1 percent), and Sumter County (4.8 percent).

In July 2019, the Orlando-Kissimmee-Sanford MSA:

• Non-agricultural employment in the Orlando-Kissimmee-Sanford MSA was 1,328,400, an increase of 49,000 jobs (+3.8 percent) over the year.

Compared to all the metro areas in Florida:

• Possessed highest annual job growth compared to all the metro areas in the state in professional and business services (+15,200 jobs); leisure and hospitality (+10,200 jobs); mining, logging, and construction (+7,000 jobs); manufacturing (+3,300 jobs); and government (+2,100 jobs).

• Held the fastest annual job growth rate in professional and business services (+6.6 percent).

• Had the second-highest annual job growth in education and health services (+8,000 jobs).

• Was tied for the second-highest annual job growth in information technology (+100 jobs).

• Had the third-fastest annual job growth rate in information (+0.4 percent).

• Was tied for the third-fastest annual job growth rate in manufacturing (+7.1 percent).

• The mining, logging, and construction (+8.5 percent); manufacturing (+7.1 percent); professional and business services (+6.6 percent); leisure and hospitality (+3.8 percent); government (+1.8 percent); and information (+0.4 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 (+15,200 jobs); leisure and hospitality (+10,200 jobs); education and health services (+8,000 jobs); mining, logging, and construction (+7,000 jobs); manufacturing (+3,300 jobs); government (+2,100 jobs); trade, transportation, and utilities (+1,800 jobs); financial activities (+1,000 jobs); other services (+300 jobs); and information (+100 jobs).

The Villages MSA:

• Was 30,000, 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.