August 29, 2011 Florida Agency for Workforce Innovation Labor Market Statistics Center Florida Labor Market and Economic Update Workforce Estimating Conference
Labor Force Conditions Seasonally Adjusted July 2011 The unemployment rate in the state has been higher than the nation since February 2008 The current state unemployment rate is down from the record high rate reported in December 2010 (12.0) Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Local Area Unemployment Statistics Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released August 19,
Florida Unemployment Rates by County July 2011, Not Seasonally Adjusted
P = Preliminary Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center and the U.S. Department of Labor, Bureau of Labor Statistics, Local Area Unemployment Statistics Program, released August 19, Unemployment Rates in the Ten Most Populous States Seasonally Adjusted July 2011
Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Local Area Unemployment Statistics Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released August 19, Unemployment Rates Florida and the United States January 1974 – July 2011, Seasonally Adjusted
Nonagricultural Employment Seasonally Adjusted Florida’s jobs grew in July on an annual basis for the tenth consecutive month Florida has lost 845,400 jobs during the current downturn (March 2007 to July 2011) Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released August 19, Prepared by: Florida Agency for Workforce Innovation, Labor Market Statistics Center.
P = Preliminary** = Less than 0.05 percent Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released August 19, Prepared by: Florida Agency for Workforce Innovation, Labor Market Statistics Center. Employment in the Ten Most Populous States July 2011, Ranked by Level Change Seasonally Adjusted
Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released August 19, Prepared by: Florida Agency for Workforce Innovation, Labor Market Statistics Center. Nonagricultural Employment Growth Rates Florida and the United States January 1974 – July 2011, Not Seasonally Adjusted
Florida Nonagricultural Employment January 1990 – July 2011, Seasonally Adjusted 8 Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released August 19, Prepared by: Florida Agency for Workforce Innovation, Labor Market Statistics Center.
Nonagricultural Employment by Industry Florida July 2011 (Seasonally Adjusted) Note: Percents may not add to due to rounding Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released August 19, Prepared by: Florida Agency for Workforce Innovation, Labor Market Statistics Center.
Nonagricultural Employment by Industry July 2011, Seasonally Adjusted, Over-the-Year Percent Change 10 Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released August 19, Prepared by: Florida Agency for Workforce Innovation, Labor Market Statistics Center.
Leisure and Hospitality Gained the Most Jobs Over the Year in Florida July 2010 – July 2011 (Seasonally Adjusted) * Note: Government losses are due primarily to temporary federal Census workers employed last year. Source: U.S. Department of Labor, Bureau of Labor Statistics, Current Employment Statistics Program, released August 19, Prepared by: Florida Agency for Workforce Innovation, Labor Market Statistics Center.
Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released June 2011 Florida 2010 Average Annual Wages Range from $45,840 to $26,923
13 Wages by Industry Florida 2010 Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released June 2011.
Average Annual Wage Source: Florida Agency for Workforce Innovation, Labor Market Statistics Center, Quarterly Census of Employment and Wages Program, in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics, released June
Real-Time LMI Help-Wanted OnLine Five Year Trend
Source: The Conference Board, Help Wanted OnLine, prepared by the Florida Agency for Workforce Innovation, Labor Market Statistics Center. Help Wanted OnLine TM Internet Job (HWOL) Ads
Real-Time LMI Help-Wanted OnLine Unemployment vs. Labor Demand Source: The Conference Board and the Florida Agency for Workforce Innovation, Labor Market Statistics Center, July
Source: The Conference Board and the Florida Agency for Workforce Innovation, Labor Market Statistics Center, July Real-Time LMI Help-Wanted OnLine Employment vs. Labor Demand Real-Time LMI Help-Wanted OnLine Employment vs. Labor Demand 18
Targeted Industry Clusters Cleantech Life Sciences Infotech Aviation and Aerospace Homeland Security/Defense Financial/Professional Services Strategic Areas of Emphasis Manufacturing Corporate Headquarters Emerging Technologies
Education and Training pay … 2010 Annual Average Unemployment Rate (Percent) Median Earnings (Dollars) Master’s degree Bachelor’s degree Associate degree Some college, no degree High-school graduate Some high-school, no diploma Professional degree Doctoral degree Notes: Unemployment and earnings for workers 25 and older, by educational attainment; earnings for full-time wage and salary workers Weekly Median Earnings (multiplied by 52 weeks). Sources: Bureau of Labor Statistics, Current Population Survey. May 2011.
Florida Agency for Workforce Innovation Labor Market Statistics Center Caldwell Building MSC G E. Madison Street Tallahassee, Florida Phone (850) Rebecca Rust fred.labormarketinfo.com