The Florida Department of Economic Opportunity Announces the Pensacola Area October 2020 Employment Data

Nov 20, 2020

TALLAHASSEE, Fla. — Today, the Florida Department of Economic Opportunity announced the Pensacola area private-sector employment decreased by 6,200 jobs (-3.9 percent) over the year. The Pensacola area’s unemployment rate was 4.9 percent in October.

The industry losing the most jobs over the year was leisure and hospitality (-4,000 jobs). Construction was the only major industry to gain jobs over the year in October 2020 (+100 jobs).

Statewide, the number of private-sector jobs increased 61,100, up 0.8 percent from September 2020.  Florida’s unemployment rate decreased to 6.5 percent in October 2020.  Florida’s labor force was down 14,000 (-0.1 percent) over the month.

To view the October 2020 employment data, visit www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.  

 

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