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

Nov 20, 2020

TALLAHASSEE, Fla. — Today, the Florida Department of Economic Opportunity announced that the Tampa area private-sector employment decreased by 58,300 jobs (-4.7 percent) over the year. The Tampa area’s unemployment rate was 5.6 percent in October.

The industries losing the most jobs over the year were:  leisure and hospitality (-29,700 jobs); and professional and business services (-10,100 jobs).  Three major industries gained jobs over the year in October 2020:  manufacturing (+500 jobs); government (+300 jobs); and financial activities (+200 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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