Business Intelligence

The State of Hospitality & Tourism in Central Florida

The Central Florida Hotel and Lodging Association and CareerSource Central Florida joined forces to host the first-of-its-kind State of Hospitality & Tourism Summit on January 22, 2024, with insights on current economic conditions and trends impacting the future of the industry.

View the presentation below to learn about the economic impact of Central Florida tourism and get up to speed on employment statistics, industry demand, the current workforce, talent demographics, industry wages, and key workforce trends.

State of the Industry: Central Florida Hotel & Lodging Explored

Labor Statistics – Unemployment, Pay & Benefits, Workplace Injuries

Bureau of Labor Statistics (BLS) of the U.S. Department of Labor is the principal federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy. Its mission is to collect, analyze, and disseminate essential economic information to support public and private decision making. As an independent statistical agency, BLS serves its diverse user communities by providing products and services that are accurate, objective, relevant, timely, and accessible.

Wages Paid by Occupation

The Occupational Employment Statistics and Wages (OES) program produces employment and wage estimates for over 800 occupations by Standard Occupational Classification. These are estimates of the number of people employed in certain occupations and the wages paid to them. This information is the result of an occupational employment and wage survey conducted by Labor Market Information, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics.

Wages Paid by Industry

The Quarterly Census of Employment and Wages (QCEW) program collects the number of employers or reporting units, monthly employment, average employment, total wages, and average wages by the North American Industry Classification System (NAICS). The count covers 98% of U.S. jobs available by industry at the county, Metropolitan Statistical Areas, state and national levels; by major industry or by detailed industry categories.

Jobs that are Growing

When thinking about an exciting career, job growth is probably one of the biggest considerations along with potential earnings. Below is a chart of the occupations you might find in your community and potential growth over the next five years and wage for entry, middle, and experienced skilled workers.