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Gov. Scott: Orlando Metro Area gained 33,300 new jobs over the year
The Orlando MSA’s unemployment rate declined by 1.2 percentage points over the year, from 7.2 percent in March 2013 to 6.0 percent in March 2014.
Governor Rick Scott said, “With one of the fastest growing economies in our state and 33,300 new jobs over the year, Orlando is leading the way in Florida’s opportunity economy. Florida has added 563,900 private sector jobs statewide since December 2010, our unemployment rate is 6.0 percent in Orlando, so let’s keep working to write more chapters in Florida’s turnaround story.”
In March 2014, the Orlando metro area gained the most jobs over the year in Florida among all metro areas and jobs were gained over the year in all ten major industry sectors. The industries with the largest job gains over the year were in leisure and hospitality with 9,500 new jobs, trade, transportation, and utilities with 8,200 new jobs, and professional and business services with 5,500 new jobs. Housing starts in the Orlando-Kissimmee-Sanford MSA were up 27.3 percent over the year in the Orlando metro area in February 2014.
The Orlando-Kissimmee-Sanford MSA had the second-highest online job demand in Florida in March 2014 with 34,655 openings and also ranked number two in STEM overall demand in the state with 7,708 openings. STEM is an acronym for science, technology, engineering and mathematics, and these jobs are considered high wage and high skill.
In March, CareerSource Central Florida, along with the state’s other 23 Regional Workforce Boards, reported more than 40,890 Floridians were placed in jobs. An individual who receives employment and training assistance through a One-Stop Career Center and finds a job within 180 days is deemed a placement and may be reported by a regional workforce board. Of these individuals, 8,617 previously received Reemployment Assistance. In 2013, more than 479,064 Floridians were placed in jobs, with 135,384 former claimants finding employment.
Florida’s statewide unemployment rate for March 2014 was 6.3 percent and the state’s labor force again increased over the month and over the year. Florida’s statewide unemployment rate has been below the national unemployment rate since August 2013, which was 6.7 percent in March 2014. Since December 2010, Florida has created 563,900 private sector jobs.
To view the March 2014 employment data visit www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.
Published at Fri, 18 Apr 2014 17:55:00 +0000
