Ocala MSA Unemployment Continues to Drop; Job Growth Rate Still High

Posted on: November 23, 2013

The Ocala MSA reported another drop in Unemployment Rate with the release of October numbers with the rate dropping  .3% to 7.3%. For the first time in more than five years, the local rate is now equal to the national average. Additionally, the area's job growth rate continues to be among the highest in the State of Florida. Both the overall job growth rate and the private industry job growth rate are a full point higher than the state rate. Additionally, the Ocala MSA's job growth rate is more than double the national rate.

Early in the year, Forbes ranked the Ocala MSA as #5 in the nation in predicted job growth through 2015.

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