RWB19  

Overview of the CareerSource Heartland Region

Not Seasonally Adjusted

November 15, 2019


• The unemployment rate in the CareerSource Heartland region (DeSoto, Hardee, Highlands, and Okeechobee counties) was 3.8 percent in October 2019. This rate was 0.4 percentage point lower than the region's year ago rate of 4.2 percent. The labor force was 76,458, up 499 (+0.7) over the year. There were 2,914 unemployed residents in the region.


• Okeechobee County had the lowest unemployment rate (3.1 percent) in the CareerSource Heartland region followed by DeSoto County (3.3 percent), Highlands County (4.1 percent), and Hardee County (5.1 percent).


• Employment by industry in the CareerSource Heartland region totaled 56,312 jobs in March 2019 (the latest available data). Industry employment decreased by -2.9 percent over the year.


• The annual job growth rates for construction (+7.9 percent); financial activities (+5.4 percent); other services (+1.5 percent); and information (+0.3 percent) was equal to or exceeded those of the state.


• The CareerSource Heartland region’s industry employment decreased by -1,674 jobs over the year in March 2019. Seven of the 11 industries added jobs over the year. The industries that gained the most jobs included: construction (+236 jobs); education and health services (+202 jobs); financial activities (+85 jobs); and trade, transportation, and utilities (+75 jobs).


• In October 2019 nonagricultural employment in the Sebring MSA was 26,000, an increase of 400 jobs (+1.6 percent) over the year.

 

Note: All data are subject to revision.
Source: Florida Department of Economic Opportunity, Bureau of Workforce Statistics and Economic Research.

    Unemployment Rates (%)
    (not seasonally adjusted)
             
  Oct-19 Sep-19 Oct-18              
 CareerSource Heartland 3.8 4.1 4.2              
    DeSoto County 3.3 3.4 3.6              
    Hardee County 5.1 5.6 5.2              
    Highlands County 4.1 4.3 4.6              
    Okeechobee County 3.1 3.4 3.4              
 Florida 2.9 3.0 3.3              
 United States 3.3 3.3 3.5              
                     
     

 Employment by Industry
 Covered by Unemployment Compensation
 (not seasonally adjusted)

    CareerSource Heartland Region       Florida  
Mar-19 Mar-18 change % change   Mar-19 Mar-18 change % change  
 Total Employment 56,312 57,986 -1,674 -2.9   8,897,958 8,711,226 186,732 2.1  
    Natural Resources and Mining 5,835 7,875 -2,040 -25.9   79,570 81,933 -2,363 -2.9  
    Construction 3,225 2,989 236 7.9   559,518 533,814 25,704 4.8  
    Manufacturing 1,661 1,850 -189 -10.2   381,343 368,474 12,869 3.5  
    Trade, Transportation, and Utilities 11,448 11,373 75 0.7   1,788,026 1,759,346 28.680 1.6  
       Wholesale Trade  1,224 1,141 83 7.3   351,185 373,633 7,552 2.2  
       Retail Trade 8,253 8,160 93 1.1   1,106,604 1,123,116 -16,512 -1.5  
       Transportation, Warehousing, and Utilities 1,971 2,072 -101 -4.9   330,237 292,597 37,640 12.9  
    Information 366 365 1 0.3   138,237 139,266 -507 -0.4  
    Financial Activities 1,649 1,564 85 5.4   579,200 566,052 13,148 2.3  
    Professional and Business Services 4,277 4,294 -17 -0.4   1,376,612 1,347,901 28,711 2.1  
    Education and Health Services 9,700 9,498 202 2.1   1,315,978 1,284,441 31,537 2.5  
    Leisure and Hospitality 6,558 6,673 -115 -1.7   1,281,287 1,249,459 31,828 2.5  
    Other Services 1,267 1,248 19 1.5   283,240 278,976 4,264 1.5  
    Government 10,291 10,242 49 0.5   1,102,115 1,094,170 7,945 0.7  
                     
 Population 2018 2017 change % change            
 CareerSource Heartland 211,695 209,702 1,993 1.0            
    DeSoto County 37,448 37,252 237 0.6            
    Hardee County 27,245 27,202 43 0.2            
    Highlands County 105,424 104,060 1,364 1.3            
    Okeechobee County 41,537 41,188 349 0.8            
 Florida 21,299,325 20,976,812 322,513 1.5            
                     
 Average Annual Wage 2018 2017 change % change            
 CareerSource Heartland $35,432 $35,364 $68 0.2            
    DeSoto County $36,515 $35,633 $882 2.5            
    Hardee County $34,935 $34,226 $709 2.1            
    Highlands County $34,537 $33,820 $717 2.1            
    Okeechobee County $37,077 $39,506 -$2,429 -6.1            
 Florida $50,090 $48,460 $1,630 3.4            

 

 Note: All data are subject to revision.

Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.