Gov. Scott: Orlando Metro Area Gained 42,900 New Jobs Over the Year in January 2015

Today, Governor Rick Scott announced that the Orlando-Kissimmee-Sanford Metropolitan Statistical Area’s (MSA) gained 42,900 new jobs over the year in January 2015. The Orlando MSA’s unemployment rate dropped by 0.8 percentage point over the year, from 6.4 percent in January 2014 to 5.6 percent in January 2015. Florida businesses have added more than 801,000 private-sector jobs since December 2010.

Governor Scott said, “Florida is on a mission to be the top place in the world for families to get a great job and live their dreams, and the creation of nearly 43,000 new jobs over the year in Orlando is helping us to reach that goal. We will keep working to grow our economy so every family has the opportunity to succeed in Florida.”

In January 2015, the Orlando metro area led the metro areas in job gains over the year in leisure and hospitality with 13,100 new jobs and professional and business services with 9,900 new jobs. Nine of the ten major industry sectors gained jobs over the year in January 2015.The Orlando-Kissimmee-Sanford MSA had the third-highest online job demand in Florida in January 2015 with 29,237 openings and also ranked number two in high wage, high skill science technology engineering math (STEM) demand in the state with 8,040 openings in those fields.

Every March, the U.S. Department of Labor, Bureau of Labor Statistics (BLS) releases revised historical employment (jobs) and unemployment rates based on a benchmarking process to adjust the data. These benchmark revisions are mandated by BLS and take place this time every year in every state. This process introduces new population inputs from the most recent Census and other revisions to economic data which leads to changes in the original estimates.

Florida created 14,600 private-sector jobs in January 2015, and a total of 801,100 private-sector jobs since December 2010. Florida’s statewide unemployment rate for January 2015 was 5.7 percent. In January, more than 35,500 Floridians were placed in jobs by CareerSource Central Florida, along with the state’s other 23 Regional Workforce Boards.

To view the January 2015 employment data visit www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.

 

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