8/23/2010 Central Florida Unemployment Rate 11.9%In the Orlando MSA four-county area there are 998,086 employed and 132,361 unemployed residents as of July 2010 ...
|
|
July ‘10 |
June ‘10 |
July ‘09 |
July ‘08 |
|
|
Preliminary |
Revised |
Final |
Final |
|
Brevard |
11.6% |
11.4% |
10.9% |
7.0% |
|
Flagler |
15.6% |
15.4% |
15.4% |
10.9% |
|
Lake |
12.0% |
11.9% |
11.5% |
6.6% |
|
Marion |
14.1% |
13.9% |
12.9% |
8.1% |
|
Orange |
11.7% |
11.5% |
11.0% |
6.2% |
|
Osceola |
12.4% |
12.2% |
11.5% |
6.6% |
|
Seminole |
11.1% |
10.7% |
10.4% |
5.9% |
|
Sumter |
9.8% |
9.5% |
9.3% |
5.7% |
|
Volusia |
12.3% |
12.1% |
11.2% |
7.1% |
|
|
|
|
|
|
|
Orlando MSA |
11.7% |
11.4% |
11.0% |
6.2% |
|
Florida |
12.0% |
11.6% |
11.1% |
6.6% |
|
US |
9.7% |
9.6% |
9.7% |
6.0% |
*Unemployment rates not seasonally adjusted
|
Florida (Seasonally Adjusted) |
11.5% |
11.4% |
10.8% |
6.3% |
|
US (Seasonally Adjusted) |
9.5% |
9.5% |
9.4% |
5.8% |
Unemployment rates are not projected to reach 6 percent or lower again until sometime in 2016-18.
New Monthly Unemployment Claims for the Orlando MSA (Orange, Osceola, Lake and Sumter Counties) have increased over the past month and decreased over the past year:
|
July 2010 |
June 2010 |
July 2009 |
July 2008 |
|
8,969 |
9,232 |
12,536 |
9,436 |
The Orlando MSA experienced an over-the year employment loss (-4,000 jobs, -0.4 percent) in July. In the Orlando MSA four-county area there are 998,086 employed and 132,361 unemployed residents as of July 2010. There are 8,253 more people unemployed in July 2010 than one year ago in Central Florida. In the nine counties listed above, there are a total of 222,304 unemployed people in July 2010.
What Job Seekers Can Do in Today’s Unemployment Market
- Apply for an Internship. WCF will be connecting qualified job seekers, age 22 or older, with employment opportunities through June 2011 through the Re-Employment Connection. Earn $10 per hour and work up to 40 hours a week for three months. Qualifications and application online at www.WorkforceCentralFlorida.com/ReEmploymentConnection.
- Browse WCF’s online job bank at www.WorkforceCentralFlorida.com for job leads in all industries. Use WCF’s Resource Room for no-cost access to computers, Internet, fax machines, phones and copiers.
Top 5 job openings (in Orlando MSA) listed today in all central fl job boards:
· Registered Nurses (1,395 Openings)
· Physical Therapists (1,185 Openings)
· First-Line Supervisors/Managers of Retail Sales Workers (1,045 Openings)
· Retail Salespersons (960 Openings)
· Customer Service Representatives (931 Openings)
*Note: Online advertised vacancies in Central Florida were 35,254 in July 2010. This represented an increase of 8,560 jobs (30 percent) from July 2009 and a 5 percent decrease over the last month.
- Apply for unemployment online at www.WorkforceCentralFlorida.com and click on “unemployment resources” in the Job Seeker section, or stop by a WCF office for help. Find the closest office online or call 1-800-757-4598.
What Employers Can Do in Today’s Unemployment Market
- Apply for up to $100,000 to train current employees. WORKFORCE CENTRAL FLORIDA offers Employed Worker Training Awards through a competitive application process to help pay half the direct cost of training an employer’s current workforce. In today’s economic crunch, this becomes helpful so that employers can stretch their budgets, cross train employees when they are faced with hiring freezes, and provide additional training to remain competitive in the market and/or to prevent a lay off. Apply online at www.WorkforceCentralFlorida.com/EWTAwards or call 407-531-1200.
- Apply for an Intern. WCF will be connecting qualified job seekers with 700 intern opportunities with local employers (non profits, government agencies, healthcare, green or emerging jobs, science, technology, engineering or math jobs). WCF will pay interns $10 per hour and work up to 40 hours a week for three months. Qualifications and application online at www.WorkforceCentralFlorida.com/ReEmploymentConnection.
*Unemployment rate estimates for substate areas prior to 1990 are not strictly comparable to the current data series. Factors contributing to the inconsistencies in the older data include: geographic changes in metropolitan area definitions; changes in Census data used in the estimating procedure; and the improvement and streamlining of federally mandated methodology. It should also be noted that substate estimates prior to 1990 have not been adjusted to sum to new state totals. The older estimates are maintained for archival purposes only.
|
Nov‘09 |
Oct ‘09 |
Nov ‘08 |
Nov ‘07 |
| |
Preliminary |
Revised |
Final |
Final |
|
Brevard |
11.9% |
11.4% |
8.0% |
4.7% |
|
Flagler |
16.8% |
16.2% |
11.1% |
7.0% |
|
Lake |
12.7% |
12.1% |
8.0% |
4.4% |
|
Marion |
13.9% |
13.4% |
9.6% |
5.2% |
|
Orange |
11.7% |
11.3% |
7.3% |
4.0% |
|
Osceola |
13.3% |
13.0% |
8.2% |
4.7% |
|
Seminole |
10.9% |
10.6% |
6.8% |
3.9% |
|
Sumter |
9.7% |
9.2% |
6.5% |
3.2% |
|
Volusia |
12.3% |
11.8% |
8.1% |
4.5% |
| |
|
|
|
|
|
Orlando MSA |
11.8% |
11.5% |
7.4% |
4.1% |
|
Florida |
11.5% |
11.3% |
7.4% |
4.3% |
|
US |
9.4% |
9.5% |
6.5% |
4.5% |
|
Florida (Seasonally Adjusted) |
11.5% |
11.3% |
7.2% |
4.4% |
|
US (Seasonally Adjusted) |
10.0% |
10.2% |
6.8% |
4.7% |
Central Florida has not experienced an unemployment rate this high since June 1975 when the rate was 11.9%
According to the latest forecast from the Florida Economic Estimating Conference, unemployment rates for the state should peak at 11.0% during April-September of 2010 before a slow, steady decline. Unemployment rates are not projected to reach 6% or lower again until sometime in 2016-18.
New Monthly Unemployment Claims for the Orlando MSA (Orange, Osceola, Lake and Sumter Counties) have increased significantly over the past month and year:
|
November 2009 |
October 2009 |
November 2008 |
November 2007 |
|
8,994 |
11,487 |
10,353 |
6,242 | The Orlando MSA experienced an over-the year employment loss (-44,000 jobs, -4.1 percent) in November; All Metro areas in the State lost jobs over the 12-month period. The only employment sector that gained jobs in Central Florida was Education & Health Services (+400 jobs, +0.3%). The industry losing the most jobs during the last 12 months in Central Florida was construction, reacting to continued declines in the housing market, (-13,200 jobs, -19.2%).
In the Orlando MSA four-county area there are 978,744 employed and 131,351 unemployed residents as of November 2009. There are 48,316 more people unemployed in November 2009 than one year ago in Central Florida. In the nine counties listed above, there are a total of 221,914 unemployed people in November 2009.
What Job Seekers Can Do in Today’s Unemployment Market
- Attend WCF’s Virtual Job Fair January 11 – 15 at www.WorkforceCentralFlorida.com/jobfair.
- Apply for a Stimulus-Funded Internship. WCF will be connecting qualified job seekers, age 22 or older, with stimulus-funded employment opportunities through December 2010. Earn $10 per hour and work up to 40 hours a week for three months. Qualifications and application online at www.WorkforceCentralFlorida.com/ReEmploymentConnection.
- Browse WCF’s online job bank at www.WorkforceCentralFlorida.com for job leads in all industries. Use WCF’s Resource Room for no-cost access to computers, Internet, fax machines, phones and copiers. Current # of openings: 535.
- Apply for unemployment online at www.WorkforceCentralFlorida.com.
What Employers Can Do in Today’s Unemployment Market
- Apply for up to $100,000 to train current employees. WORKFORCE CENTRAL FLORIDA offers Employed Worker Training awards, through a competitive application process, to help pay half the direct cost of training an employer’s current workforce. In today’s economic crunch, this becomes helpful so that employers can stretch their budgets, cross train employees when they are faced with hiring freezes, and provide additional training to remain competitive in the market and/or to prevent a lay off. Apply online at www.WorkforceCentralFlorida.com/EWTAwards.
- Apply for a Stimulus-Funded Intern. WCF will be connecting qualified job seekers with 700 stimulus-funded intern opportunities with local employers (non profits, government agencies, healthcare, green or emerging jobs, science, technology, engineering or math jobs). WCF will pay interns $10 per hour and they will work up to 40 hours a week for three months. Qualifications and application online at www.WorkforceCentralFlorida.com/ReEmploymentConnection.
Unemployment rate estimates for substate areas prior to 1990 are not strictly comparable to the current data series. Factors contributing to the inconsistencies in the older data include: geographic changes in metropolitan area definitions; changes in Census data used in the estimating procedure; and the improvement and streamlining of federally mandated methodology. It should also be noted that substate estimates prior to 1990 have not been adjusted to sum to new state totals. The older estimates are maintained for archival purposes only.
*Unemployment rates not seasonally adjusted
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