Needing labor market research for your business?
We are here to help! For additional assistance with labor market information, contact our Business Services Department at 863-508-1100 x1103.
Source: FloridaCommerce Bureau of Workforce Statistics and Economic Research
Polk County’s Unemployment Rate (Not Seasonally Adjusted)
The unemployment rate in the CareerSource Polk region (Polk County) was 4.3% in October 2024. This rate was 0.3% point higher than the region’s year-ago rate of 4.0%. The region’s October 2024 unemployment rate was 0.8% point above the state rate of 3.5%. The labor force was 347,766, down 614 (-0.2%) over the year. There were 14,864 unemployed residents in the region.
To view a detailed report, click here.
The November 2024 preliminary employment summary will take place on December 20, 2024. To view the full data release schedule, click here.
Polk County Nonagricultural Employment
In October 2024, nonagricultural employment in the Lakeland-Winter Haven MSA was 278,000, an increase of 3,500 jobs (+1.3%) over the year.
To view an interactive graph of Florida’s total nonagricultural employment, click here.
The Government (+5.1%); Education and Health Services (+3.2%); and Professional and Business Services (+1.0%) industries grew as fast or faster in the metro area than statewide over the year.
The Lakeland-Winter Haven MSA had the fastest annual job growth rate in the state in the Government (+5.1%) industry.
The industries gaining jobs over the year were:
- Government (+1,500 jobs)
- Education and Health Services (+1,300 jobs)
- Trade, Transportation, and Utilities (+500 jobs)
- Mining, Logging, and Construction (+400 jobs)
- Professional and Business Services (+400 jobs)
The industries losing jobs over the year were:
- Financial Activities (-300 jobs)
- Manufacturing (-200 jobs)
- Other Services (-100 jobs)
The Information and Leisure and Hospitality industries remained unchanged in jobs over the last year.
Polk County’s Online Job Advertisements
The Florida Online Job Demand tool delivers data produced by Help Wanted OnLine (HWOL) to measure real-time labor demand captured through online job ads. Features will allow users to explore the top jobs, including STEM related occupations, that are in demand across the state.
To view the Florida Online Job Demand Tool, click here. To view the data for Polk County, select CareerSource Polk (17) from the Select Area dropdown menu.
***The Conference Board has made a comprehensive revision of the Help Wanted OnLine (HWOL) data series. These series are now based on a different and improved universe, and as a result, the trend in these series have also improved. The HWOL data series has been revised back to January 2012. The data displayed in the Florida Online Job Demand Tool have been updated to reflect the revised HWOL data at both the state and Local Workforce Development Areas.
For more information click here.
Regional Labor Supply Dashboard
The labor supply dashboard is designed to assist economic/workforce development with business recruitment. It helps to answer the questions from employers concerning labor availability and make-up within a certain area. The educational and occupational mix of workers is critical for a business to make a location decision.
To view Polk County’s Regional Labor Supply Dashboard click here. To view the data for Polk County, select CareerSource Polk (17) from the Select An Area dropdown menu.
Florida’s Minimum Wage
As of September 30, 2024, Florida’s minimum wage is $13.00 per hour, with a minimum wage of at least $9.98 per hour for tipped employees, in addition to tips.
The required posters for minimum wage along with Federal and State of Florida employment law posters may be accessed by clicking here.