Strong Job Growth in Ocala MSA Leads Region

Posted on: April 21, 2017

The Ocala MSA continued to show strong job creation in March with 4.0% year over year job growth. This rate is 1/3 faster than the state average and more than double the national average. The Ocala MSA was third among Florida MSAs in job growth. 

For the third consecutive month, the Ocala MSA continued to hold the fastest annual job growth rate compared to all metros in Florida in professional and business services, at 11.0 percent. The Ocala MSA had the third fastest job growth rate in mining, logging and construction at 10.4 percent. The Ocala MSA unemployment rate dropped to 5.1%.

According to today’s employment summary by the Florida Department of Economic Opportunity (DEO), the unemployment rate in March for the CareerSource CLM region was 5.2 percent, down 0.7 percentage point since February and 0.6 percentage point lower than the area’s rate a year ago of 5.8 percent. Out of an expanded labor force of 201,238, there were 10,556 unemployed, a drop of 1,281 over the month and 915 less than a year ago. Significantly, there were 190,682 people with jobs throughout the three counties, an increase of 1,893 over the month and 5,882 more than in March 2016.

For more information, contact CareerSource CLM. CareerSource Citrus Levy Marion is a member of the CareerSource Florida network of workforce services and resources.

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