Central Florida’s unemployment rate increased 3 percent in December

The unemployment rate in the CareerSource Central Florida region (Osceola, Lake, Orange, Seminole and Sumter counties) was 3 percent in December.

This rate was 0.3 percentage point lower than the region’s year ago rate of 3.3 percent.

The region’s December 2018 unemployment rate was 0.3 percentage point lower than the state rate of 3.3 percent. The labor force was 1,389,138, up 46,542 (3.5) over the year. There were 41,852 unemployed residents in the region.

“We expect to see lower unemployment during the winter holidays, as seasonal positions become available, especially in retail and hospitality,” said Pamela Nabors, CareerSource Central Florida President and CEO. “Despite an abundance of available positions across all industries in the region, it’s still a very challenging and competitive job market, both for people seeking to connect to the right job or start a new career, and for employers seeking the talent they need.”

The unemployment rates for the five counties that comprise the Central Florida region were: Osceola County (3.3 percent), Lake County (3.2 percent), Orange County (2.9 percent), Seminole County (2.9 percent) and Sumter County (5 percent).

In December, nonagricultural employment in the Orlando-Kissimmee-Sanford MSA was 1,335,500, an increase of 51,300 jobs (4 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 (15,400 jobs); mining, logging, and construction (11,400 jobs); leisure and hospitality (10,100 jobs); and education and health services (7,700 jobs) in December.

 The Orlando-Kissimmee-Sanford MSA had the second fastest annual job growth rate compared to all the metro areas in the state in mining, logging, and construction (15 percent) .

 The Orlando-Kissimmee-Sanford MSA had the second highest annual job growth compared to all the metro areas in the state in manufacturing (3,000 jobs) and other services (1,800 jobs) in December.

 The Orlando-Kissimmee-Sanford MSA was tied for the second highest annual job growth compared to all the metro areas in the state in trade, transportation, and utilities (2,400 jobs).

 The mining, logging, and construction (15 percent); professional and business services (6.8 percent); manufacturing (6.5 percent); education and health services (5 percent); other services (4 percent); and leisure and hospitality (3.8 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 (15,400 jobs); mining, logging, and construction (11,400 jobs); leisure and hospitality (10,100 jobs); education and health services (7,700 jobs); manufacturing (3,000 jobs); trade, transportation, and utilities (2,400 jobs); other services (1,800 jobs); and financial activities (700 jobs).

 The government (-1,100 jobs) and information (-100 jobs) industries lost jobs over the year.