Florida Jobs Update

Florida Jobs Update

Jesse Panuccio, DEO Executive Director

Florida Cabinet May 8, 2013

Florida Unemployment Rate

January 1990 ? March 2013, Seasonally Adjusted

12

10

8

6

4

2

0

Recession

Florida

Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, released April 19, 2013.

2

Private-Sector Jobs Created

December 2010 ? March 2013, Seasonally Adjusted

Private Sector Jobs

350,000

300,000 250,000 200,000 150,000 100,000

50,000 0

321,700 Private Sector Jobs Created

249,700

289,300

267,500 286,500

321,700

228,300

202,200

205,600

241,200

172,000

199,900

219,400

258,200

67,900

144,400

95,700

113,700 118,500

155,000

100,600

44,900

14,700

19,400 44,700

39,000

12,400

73,100

Private Sector Jobs

Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released April 19, 2013. Prepared by: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

3

Labor Force Conditions in the Orlando Metro Area

March 2013, Not Seasonally Adjusted

The unemployment rate in the Orlando metro area is below the state and nation The current Orlando metro area unemployment rate of 6.6 percent is down from the high rate reported in January 2010 (11.9 percent)

Area Orlando-Kissimmee-Sanford MSA

Lake County Orange County Osceola County Seminole County Florida United States

Labor Force 1,139,762 128,777 632,153 139,186 239,647 9,353,000

154,512,000

Employment 1,064,262 119,717 590,562 129,259 224,725 8,698,000

142,698,000

Unemployment

Year Ago

Unemployment

Rate

Unemployment Rate

75,500

6.6

8.7

9,060

7.0

9.3

41,591

6.6

8.6

9,927

7.1

9.4

14,922

6.2

8.0

655,000

7.0

8.7

11,815,000

7.6

8.4

Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, released April 19, 2013.

4

Orlando Metro Area and Florida Unemployment Rates

January 1990 ? March 2013, Not Seasonally Adjusted

12

10

8

6

4

2

0

Recession

Florida

Orlando-Kissimmee-Sanford MSA

Source: U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program in cooperation with the Florida Department of Economic Opportunity, Bureau of Labor Market Statistics, released April 19, 2013.

5

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download