FloridaCommerce Announces Orlando Gains Second-Highest Number of Private Sector Jobs Over the Year in July 2024 Among All Metro Areas
ORLANDO, Fla. — Today, FloridaCommerce announced the Orlando area gained the second-highest number of private sector jobs over the year in July 2024 among all metro areas. The area’s private sector employment increased by 24,800 jobs (+1.9%) over the year in July 2024. The industry sectors gaining the most jobs were education and health services (+7,400 jobs) and construction (+4,700 jobs).
The Orlando area unemployment rate was 3.7% in July 2024, up 0.6 percentage points from the July 2023 rate of 3.1%. The labor force was down 0.2% (-3,001) over the year since July 2023.
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, adding 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, high-wage jobs. Florida offers numerous workforce education and development opportunities for job seekers to gain necessary skills for a competitive job market.
Data for July indicates many job opportunities are available for every Floridian who wants to work, with more than 433,000 jobs posted online. Floridians seeking work can utilize the CareerSource Florida network for assistance and find guidance on how to register with Employ Florida and search local job listings. Career seekers can also improve employability through resume writing and interviewing skills training at no cost.
To view the July 2024 jobs reports by region:
- Fort Lauderdale
- Jacksonville
- Miami
- Orlando
- Pensacola
- Southwest Florida
- Tampa
- West Palm Beach
To view July 2024 employment data visit: www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.
Visit Florida Insight for more information on labor market and economic data.
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