Growth in Tampa Jobs Is Second Biggest Among Florida’s 20 Metro Areas

Published by nora | Filed under Buyer / Seller Tips, Economy, Real Estate

The number of non-farm employees in the Tampa-St. Petersburg-Clearwater area rose from 1,129,400 to 1,149,600 year-over-year in March 2012, making the growth in Tampa jobs the second biggest increase among Florida’s metro areas, based on data released by the U.S. Bureau of Labor Statistics.

Additionally, the number of employees doing nonfarm Tampa jobs as of March 2012 was also the second biggest. The Tampa area had 1,149,600 nonfarm employees, second only to the Miami-Fort Lauderdale-Pompano Beach metro area’s 2,252,200 nonfarm employees.

Here are the 8 metro areas in Florida with the biggest number of nonfarm employees as of March 2012:

Miami-Fort Lauderdale-Pompano Beach	2,252,200
Tampa-St. Petersburg-Clearwater	1,149,600
Orlando-Kissimmee-Sanford	1,020,000
Jacksonville	593,300
North Port-Bradenton-Sarasota	244,500
Cape Coral-Fort Myers	205,900
Lakeland-Winter Haven	195,500
Palm Bay-Melbourne-Titusville	194,400

The 6 metro areas in Florida with the biggest year-over-year numerical increase in nonfarm employees in March 2012 were the following, together with their numerical increases:

Miami-Fort Lauderdale-Pompano Beach	32,200
Tampa-St. Petersburg-Clearwater	20,200
Orlando-Kissimmee-Sanford	8,600
Naples-Marco Island	2,300
North Port-Bradenton-Sarasota	2,300
Sebastian-Vero Beach	2,300

Based on rate of increase in number of nonfarm employees, the 5 top metro areas in March 2012 were the following:

5.1 %          Sebastian-Vero Beach
2.2 %          Crestview-Fort Walton Beach-Destin
2.0 %          Naples-Marco Island
1.8 %          Tampa-St. Petersburg-Clearwater
1.5 %          Miami-Fort Lauderdale-Pompano Beach

Tampa jobs as of March 2012 accounted for 15.6 percent of Florida’s nonfarm jobs. The only percentage higher than this number was that of Miami which was 30.5 percent. Following Miami and Tampa on third place was Orlando area which accounted for 13.8 percent.

Career change, job relocation and job hunt — these are three of the more common reasons for coming to Tampa and for buying a home. Indeed, the growing number of Tampa jobs is great news for the Tampa real estate market.