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REGIONAL UNEMPLOYMENT RATE ANNOUNCED FOR OCTOBER 2016

 

Industry Job Growth Continues in Capital Region

TALLAHASSEE, Fla. – CareerSource Capital Region CEO Jim McShane announced today that the Gadsden, Leon, and Wakulla counties’ combined unemployment rate was 4.8% in October 2016, according to the Florida Department of Economic Opportunity.

This rate is 0.1% lower than the region’s rate of 4.9% from September 2016 and is 0.1% lower than the state’s rate for the previous year. Wakulla County’s unemployment rate remained the lowest of the Capital Region counties with 4.2%. It was followed by Leon County at 4.7%, and Gadsden County at 6.0%.

In addition to a decrease from September 2016, the Department of Economic Opportunity also provided the following positive economic indicators for the Capital Region:

  • The Tallahassee MSA was tied for the second highest annual job growth compared to all the metro areas in the state in other services (+300 jobs) in October 2016.
  • Out of a labor force of 184,954 there were 8,883 unemployed residents in the region.
  • In October 2016 nonagricultural employment in the Tallahassee MSA was 178,300, an increase of 2,900 jobs (+1.7 percent) over the year
  • The industries gaining in jobs over the year were: professional and business services (+1,300 jobs); leisure and hospitality (+1,100 jobs); education and health services (+600 jobs); financial activities (+300 jobs); other services (+300 jobs); trade, transportation, and utilities (+200 jobs); and mining, logging, and construction (+100 jobs).
     

“We are proud to be able to support the Capital Region through the growth and development of new industries in our region,” said CareerSource Capital Region CEO Jim McShane. “We are especially pleased to see the unemployment rate decrease in each of our counties including Wakulla County which has seen substantial economic growth due to the development of the oyster industry with the help of the Wakulla Environmental Institute. Currently there are over a dozen job openings for Aquaculture Technicians to work with the oyster farmers.”

Career seekers who are interested in the opportunities available through the Wakulla Environment Institute should call (850) 413-0315.

For additional information related to the report click here. To learn more about the solutions offered at no cost to both employers and career seekers by CareerSource Capital Region, call 844-CAREER1, visit www.careersourcecapitalregion.com, or follow us on Facebook, LinkedIn, and Twitter

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About CareerSource Capital Region

CareerSource Capital Region connects employers with qualified, skilled talent and Floridians with employment and career development opportunities to achieve economic prosperity in Gadsden, Leon and Wakulla counties. Solutions for career seekers include one-on-one career advising, interviewing and resume-writing assistance, employment workshops, and labor market information.  Solutions for employers include recruitment assistance, skills assessments for applicants, customized training, and information on tax incentives.  Employers and career seekers are matched through the Employ Florida Marketplace system. All solutions are provided at no cost. Programs funded through CareerSource Capital Region are equal opportunity programs with auxiliary aids and services available upon request to individuals with disabilities. Persons using TTY/TTD equipment use Florida Relay Service 711.