RWB19 

Overview of the CareerSource Heartland Region

Not Seasonally Adjusted

April 20, 2018


• The unemployment rate in the CareerSource Heartland region (DeSoto, Hardee, Highlands, and Okeechobee counties) was 4.3 percent in March 2018. This rate was 0.4 percentage point lower than the region's year ago rate of 4.7 percent. The labor force was 78,579, down -2,732 (-3.4) over the year. There were 3,413 unemployed residents in the region.

• Okeechobee County had the lowest unemployment rate (3.6 percent) in the CareerSource Heartland region followed by DeSoto County (3.8 percent), Hardee County (4.6 percent), and Highlands County (4.9 percent).

• Employment by industry in the CareerSource Heartland region totaled 52,129 jobs in September 2017 (the latest available data). Industry employment decreased by 1.4 percent over the year.

• The annual job growth rates for natural resources and mining (+4.7 percent); financial activities (+2.0 percent); and other services (+0.4 percent) exceeded those of the state.

• The CareerSource Heartland region’s industry employment decreased by 762 jobs over the year in September 2017. Four of the 11 industries added jobs over the year. The industries that gained the most jobs included: natural resources and mining (+236 jobs); financial activities (+29 jobs); other services (+5 jobs); and education and health services (+4 jobs).

• In March 2018 nonagricultural employment in the Sebring MSA was 25,800, an decrease of 800 jobs (-3.0 percent) over the year.

 

Note: All data are subject to revision.
Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics.

    Unemployment Rates (%)
    (not seasonally adjusted)
             
  Mar-18 Feb-18 Mar-17              
 CareerSource Heartland 4.3 4.5 4.7              
    DeSoto County 3.8 3.9 4.3              
    Hardee County 4.6 4.7 5.1              
    Highlands County 4.9 5.1 5.3              
    Okeechobee County 3.6 3.7 3.7              
 Florida 3.8 3.8 4.2              
 United States 4.1 4.4 4.6              
                     
     

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

    CareerSource Heartland Region       Florida  
Sep-17 Sep-16 change % change   Sep-17 Sep-16 change % change  
 Total Employment 52,129 52,891 -726 -1.4   8,307,874 8,322,432 -14,558 -0.2  
    Natural Resources and Mining 5,243 5,007 236 4.7   58,118 62,061 -3,943 -6.4  
    Construction 2,580 2,656 -76 -2.9   484,860 484,894 -34 0.0  
    Manufacturing 1,675 1,811 -136 -7.5   357,348 357,277 71 0.0  
    Trade, Transportation, and Utilities 10,588 10,945 -357 -3.3   1,691,947 1,702,940 -10,933 -0.6  
       Wholesale Trade  1,037 1,026 11 1.1   340,110 338,975 1,135 0.3  
       Retail Trade 7,605 7,878 -273 -3.5   1,075,992 1,092,444 16,452 -1.5  
       Transportation, Warehousing, and Utilities 1,946 2,041 -95 -4.7   275,845 271,521 4,324 1.6  
    Information 290 291 -1 -0.3   134,750 135,662 -912 -0.7  
    Financial Activities 1,508 1,479 29 2.0   554,843 544,507 10,336 1.9  
    Professional and Business Services 4,283 4,426 -143 -3.2   1,294,196 1,290,817 3,379 0.3  
    Education and Health Services 9,373 9,369 4 0.0   1,243,874 1,233,964 9,910 0.8  
    Leisure and Hospitality 5,362 5,632 -270 -4.8   1,142,481 1,159,967 -17,486 -1.5  
    Other Services 1,122 1,117 5 0.4   264,072 273,113 -9,041 -3.3  
    Government 10,098 10,149 -51 -0.5   1,073,949 1,071,237 2,712 0.3  
                     
 Population 2017 2016 change % change            
 CareerSource Heartland 208,761 205,551 3,210 1.6            
    DeSoto County 36,862 35,925 937 2.6            
    Hardee County 27,411 27,371 40 0.1            
    Highlands County 102,883 101,558 1,325 1.3            
    Okeechobee County 41,605 40,697 908 2.2            
 Florida 20,984,400 20,656,589 327,811 1.6            
                     
 Average Annual Wage 2016 2015 change % change            
 CareerSource Heartland $33,552 $33,287 $265 0.8            
    DeSoto County $34,618 $34,547 $71 0.2            
    Hardee County $33,283 $31,851 $1,432 4.5            
    Highlands County $32,845 $32,510 $335 1.0            
    Okeechobee County $34,642 $35,213 -$571 -1.6            
 Florida $47,055 $46,236 $819 1.8            

 

 Note: All data are subject to revision.

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