RWB19  

Overview of the CareerSource Heartland Region

Not Seasonally Adjusted

January 24, 2020

• The unemployment rate in the CareerSource Heartland region (DeSoto, Hardee, Highlands, and Okeechobee counties) was 3.4 percent in December 2019. This rate was 0.7 percentage point lower than the region's year ago rate of 4.1 percent. The labor force was 78,567, up 218 (+0.3) over the year. There were 2,677 unemployed residents in the region.

• Okeechobee County had the lowest unemployment rate (2.7 percent) in the CareerSource Heartland region followed by DeSoto County (2.9 percent), Highlands County (3.8 percent), and Hardee County (4.1 percent).

• Employment by industry in the CareerSource Heartland region totaled 52,542 jobs in June 2019 (the latest available data). Industry employment increased by +0.1 percent over the year.

• The annual job growth rates for construction (+7.8 percent); financial activities (+6.7 percent); information (+1.9 percent); and government (+1.1 percent) exceeded those of the state.

• The CareerSource Heartland region’s industry employment increased by 38 jobs over the year in June 2019. Six of the 11 industries added jobs over the year. The industries that gained the most jobs included: construction (+232 jobs); financial activities (+105 jobs); and government (+87 jobs).

• In December 2019 nonagricultural employment in the Sebring MSA was 26,800, an increase of 500 jobs (+1.9 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)
             
  Dec-19 Nov-19 Dec-18              
 CareerSource Heartland 3.4 3.5 4.1              
    DeSoto County 2.9 3.1 3.6              
    Hardee County 4.1 4.4 4.6              
    Highlands County 3.8 3.9 4.5              
    Okeechobee County 2.7 2.8 3.4              
 Florida 2.5 2.7 3.3              
 United States 3.4 3.3 3.7              
                     
     

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

    CareerSource Heartland Region       Florida  
Jun-19 Jum-18 change % change   Jun-19 Jum-18 change % change  
 Total Employment 52,542 52,504 38 0.1   8,727,702 8,568,873 158,829 -1.9  
    Natural Resources and Mining 5,282 5,601 -319 -5.7   64,819 66,505 -1,686 -2.5  
    Construction 3,212 2,980 232 7.8   564,355 543,877 20,478 3.8  
    Manufacturing 1,765 1,788 -32 -1.8   384,714 371,423 13,291 3.6  
    Trade, Transportation, and Utilities 11,216 11,219 -3 0.0   1,778,116 1,759,424 18,692  1.1  
       Wholesale Trade 1,256 1,092 164 15.0   352,110 344,698 7,412 2.2  
       Retail Trade 7,940  8,045  -105  -1.3    1,095,225  1,119,252 -24,027  -2.1  
       Transportation, Warehousing, and Utilities 2,020 2,082 -62 -3.0   330,781 295,474 35,307 11.9  
    Information 375 368 7 1.9   139,318 139,206 112 0.1  
    Financial Activities 1,675 1,570 105 6.7   584,807 570,482 14,325 2.5  
    Professional and Business Services 4,020 4,082  -62 -1.5   1,386,485 1,360,781 25,704 1.9  
    Education and Health Services 9,591 9,580 11 0.1   1,306,586 1,274,126  32,460 2.5  
    Leisure and Hospitality 6,169 6,090 79 1.3   1,251,913 1,226,564 25,349 2.1  
    Other Services 1,219 1,268 -49 -3.9    282,251 279,743 2,508 0.9  
    Government  8,012  7,925 87 1.1   973,703 968,479 5,234 0.5  
                     
 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.