FloridaCommerce Announces Tampa Metro Area Gained the Third-Highest Number of Private Sector Jobs Over the Year in July 2024 Among All Metro Areas
TAMPA, Fla. — Today, FloridaCommerce announced that the Tampa metro area gained the third-highest number of private sector jobs over the year in July 2024 among all metro areas. The area’s private sector employment increased by 23,500 (+1.7%) over the year in July 2024. In July 2024, the Tampa metro area led all metro areas in job gains over the year in manufacturing, increasing by 2,300 jobs; and financial activities, increasing by 900 jobs.
The Tampa area unemployment rate was 3.8% in July 2024, up 0.6 percentage points from the July 2023 rate of 3.2%. The Tampa area’s labor force was down 0.2 percent (-4,088) over the year in July 2024.
Florida’s unemployment rate continues to remain lower than the nation, with a rate of 3.3% in July 2024, a full percentage point lower than the national rate of 4.3%. Florida’s private sector employment has grown by 201,500 jobs (+2.3%) over the year since July 2023, faster than the national rate of 1.5 percent over the same time period.
In July 2024, the leisure and hospitality sector gained the most jobs among all major industries adding 11,200 jobs (+0.9%) from the previous month, followed by construction which added 6,300 jobs (+1.0%). Florida’s labor force grew by 35,000 (+0.3%) over the year since July 2023.
Job creators continue to demonstrate confidence in Florida through their investments, creating high-skill and high-wage jobs. Florida offers numerous workforce education and development opportunities for job seekers to gain necessary skills for a competitive job market ensuring economic resiliency and success for future generations.
Data from July indicates many job opportunities are available for Floridians seeking work with more than 433,000 jobs posted online. Job seekers can utilize CareerSource Florida network services at no cost to find guidance on registering with Employ Florida and searching local job listings as well as improving resume writing and interviewing skills.
To view regional July reports or access additional labor market information visit: www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases or Florida Insight for more detailed data including an explanatory video provided by FloridaCommerce.
###
### Breakline ###