North Central Florida Job Market Update | May 2024

According to the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) press release, Florida’s seasonally adjusted unemployment rate was 3.3% percent in May 2024, up 0% from the April 2024 rate and up 0.5% from a year ago. In total, 24 states had unemployment rates lower than the U.S. figure of 4.0%, four states and the District had higher rates, and 22 states had rates that were not appreciably different from those of the nation.

May 2024 seasonally adjusted unemployment rates by state.

Unemployment Rates Among the Ten Largest States

  • Florida had the second-lowest unemployment rate (3.3 percent)
  • Georgia had the lowest unemployment rate (3.2 percent)
  • California had the highest unemployment rate (5.2 percent)

North Central Florida Area’s Employment Growth

The unemployment rate in Alachua and Bradford counties was 3.2% in May 2024. This rate was 0.3% greater than the region’s year-ago rate of 2.9%. Additionally, the region’s May 2024 unemployment rate was 0.2% above Florida’s state rate of 3.3%. The labor force was 153,898, up 134 (+0.1%) over the year. There were 4,894 unemployed residents in the region.

There are job opportunities available across the state thanks to resources like CSNCFL. We encourage Floridians seeking new job opportunities to visit our network at www.careersourcencfl.com for support. For any questions or inquiries, email aganz@careersourcencfl.com.