CENTRAL FLORIDA’S UNEMPLOYMENT RATE AT 3.1 PERCENT FOR MARCH 2019

CENTRAL FLORIDA’S UNEMPLOYMENT RATE AT 3.1 PERCENT FOR MARCH 2019

by | May 1, 2019

FOR IMMEDIATE RELEASE

May 1, 2019

Contact: Kristine Concepcion
407-531-1222, ext. 2034

CENTRAL FLORIDA’S UNEMPLOYMENT RATE AT 3.1 PERCENT FOR MARCH 2019

Orlando, Fla. – The unemployment rate in the CareerSource Central Florida region (Lake, Orange, Osceola, Seminole, and Sumter counties) was 3.1 percent in March 2019. This rate was 0.3 percentage point lower than the region’s year ago rate of 3.4 percent. The region’s March 2019 unemployment rate was 0.2 percentage point lower than the state rate of 3.3 percent. The labor force was 1,386,439, up 29,331 (+2.2) over the year. There were 42,287 unemployed residents in the region.

  • Orange County had the lowest unemployment rate (2.9 percent) in the CareerSource Central Florida region followed by Seminole County (3.0 percent), Lake County (3.3 percent), Osceola County (3.3 percent), and Sumter County (4.9 percent).
  • In March 2019 nonagricultural employment in the Orlando-Kissimmee-Sanford MSA was 1,334,900, an increase of 47,400 jobs (+3.7 percent) over the year.
  • The Orlando-Kissimmee-Sanford MSA had the highest annual job growth compared to all the metro areas in the state in professional and business services (+19,100 jobs); leisure and hospitality (+10,100 jobs); and manufacturing (+3,000 jobs) in March 2019.
  • The Orlando-Kissimmee-Sanford MSA had the second fastest annual job growth rate compared to all the metro areas in the state in professional and business services (+8.4 percent) in March 2019.
  • The Orlando-Kissimmee-Sanford MSA had the second highest annual job growth compared to all the metro areas in the state in education and health services (+4,400 jobs); mining, logging, and construction (+3,800 jobs); and trade, transportation, and utilities services (+2,800 jobs) in March 2019.
  • The Orlando-Kissimmee-Sanford MSA was tied for the highest annual job growth compared to all the metro areas in the state in government (+1,700 jobs) in March 2019.
  • The professional and business services (+8.4 percent); manufacturing (+6.5 percent); mining, logging, and construction (+4.7 percent); leisure and hospitality (+3.8 percent); other services (+2.7 percent); and government (+1.3 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 (+19,100 jobs); leisure and hospitality (+10,100 jobs); education and health services (+4,400 jobs); mining, logging, and construction (+3,800 jobs); manufacturing (+3,000 jobs); trade, transportation, and utilities (+2,800 jobs); government (+1,700 jobs); financial activities (+1,300 jobs); and other services (+1,200 jobs).
  • The information industry was unchanged over the year.
  • In March 2019 nonagricultural employment in The Villages MSA was 30,900, an increase of 700 jobs (+2.3 percent) over the year.

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