Central Florida’s Unemployment Rate At 5.5% for March 2021, 0.8 Percentage Point Higher than the State

Central Florida’s Unemployment Rate At 5.5% for March 2021, 0.8 Percentage Point Higher than the State

Orlando, Fla.,– The unemployment rate in the CareerSource Central Florida (CSCF) region (Lake, Orange, Osceola, Seminole, and Sumter counties) was 5.5% in March 2021, which was higher than the state’s rate of 4.7%. This rate was 0.3 percentage point higher than the region’s rate of 5.2% during the same timeframe last year. The labor force was 1,301,723, down 128,561 (-9.0) over the year. There were 71,303 unemployed residents in the region.

Unemployment Rates

Central Florida’s Lowest Unemployment Rates:

• Seminole County had the lowest unemployment rate (4.7%) in the CSCF region followed by Lake County (5.3%), Orange County (5.5%), Osceola County (6.4%) and Sumter County (6.6%).

Job Growth Trends

Orlando-Kissimmee-Sanford MSA:

• Nonagricultural employment was 1,180,800, a decrease of 154,800 Jobs
  (-11.6%) over the year.
• Industries losing jobs over the year were:
  • Leisure and Hospitality (-97,000 Jobs)
  • Professional Businesses and Services (-21,600 Jobs)
  • Trade, Transportation, and Utilities (-11,600 Jobs)
  • Education and Health Services (-7,300 Jobs)
  • Financial Activities (-4,200 Jobs)
  • Government (-3,500 Jobs)
  • Manufacturing (-3,200 Jobs)
  • Information (-900 Jobs)
  • Mining, Logging, and Construction (-800)

The Villages MSA:

• Nonagricultural employment in The Villages MSA was 31,700, a decrease of 1,600 jobs (-4.8 percent) over the year.

Additional Information