TABLE 6.24           EMPLOYMENT ESTIMATES AND PROJECTIONS

HERNANDO COUNTY

AUG '04

/

AUG '04

AUG '04

LABOR FORCE* (LF)

54,659

/ POP

148,765

36.7%

EMPLOYED

51,796

/ POP

148,765

34.8%

UNEMPLOYED

2,863

/ LF

54,659

5.2%

ES-202** JOBS IN HERNANDO COUNTY BY INDUSTRY: 4TH QUARTER AVERAGE - 2003

JOBS

%

WAGES

x 4

ANNUAL
AVG

+/- COUNTY
AVG

AGRICULTURE

252

0.7%

$6,589

x 4

$26,356

($1,920)

MINING

404

1.2%

$9,888

x 4

$39,552

$11,276

CONSTRUCTION

2,746

8.1%

$7,061

x 4

$28,244

($32)

MANUFACTURING: DURABLE

882

2.6%

$9,002

x 4

$36,008

$7,732

MANUFACTURING: NON-DURABLE

230

0.7%

$9,391

x 4

$37,564

$9,288

UTILITIES

173

0.5%

$12,956

x 4

$51,824

$23,548

TRANSPORTATION/WAREHOUSING

2,274

6.7%

$9,081

x 4

$36,324

$8,048

WHOLESALE TRADE

719

2.1%

$9,150

x 4

$36,600

$8,324

RETAIL TRADE

6,264

18.5%

$5,035

x 4

$20,140

($8,136)

FINANCE/INSURANCE

1,029

3.0%

$9,991

x 4

$39,964

$11,688

REAL ESTATE/LEASING

355

1.0%

$5,662

x 4

$22,648

($5,628)

INFORMATION

230

0.7%

$8,364

x 4

$33,456

$5,180

PROFESSIONAL/BUSINESS SERVICES

2,182

6.4%

$6,491

x 4

$25,964

($2,312)

EDUCATIONAL SERVICES

3,195

9.4%

$7,268

x 4

$29,072

$796

HEALTH CARE/SOCIAL ASSISTANCE

5,385

15.9%

$9,927

x 4

$39,708

$11,432

ARTS, ENTERTAINMENT, RECREATION

597

1.8%

$3,454

x 4

$13,816

($14,460)

ACCOMMODATIONS, FOOD SERVICES

3,341

9.8%

$2,703

x 4

$10,812

($17,464)

PUBLIC ADMINISTRATION

2,594

7.6%

$9,231

x 4

$36,924

$8,648

PERSONAL SERVICES

1,049

3.1%

$4,319

x 4

$17,276

($11,000)

NOT CLASSIFIED

40

0.1%

$5,259

$21,036

($7,240)

COUNTY TOTAL /AVERAGE

33,941

100.0%

$7,069

x 4

$28,276

$0

HERNANDO COUNTY

2004

2006

2008

2010

2012

2014

JOBS (NON-AGRICULTURAL)

35,100

36,800

38,400

40,200

41,400

42,800

UNEMPLOYMENT RATE

4.9%

4.9%

4.8%

4.2%

4.2%

4.3%

IN 1997 DOLLARS:

2004

2006

2008

2010

2012

2014

REAL PER CAPITA INCOME

$23,398

$24,359

$25,365

$26,599

$28,047

$29,349

REAL TAXABLE SALES:
IN MILLIONS

$1,113

$1,222

$1,314

$1,432

$1,557

$1,693

PERMANENT HOUSEHOLDS:

2004

2006

2008

2010

2012

2014

AS OF JULY 1 EACH YEAR

61,400

64,400

67,300

70,800

73,800

76,900

SOURCE: FL DEPT OF LABOR - ES-202 PROGRAM; BUREAU OF ECONOMIC AND BUSINESS RESEARCH (BEBR)

FL LONG-TERM ECONOMIC FORECAST 2002: COUNTIES

r:\plan\davidm\excel\stat0405\stat624.xls

* PERSONS WORKING OR LOOKING FOR WORK

** JOBS COVERED BY UNEMPLOYMENT COMPENSATION LAWS - INCLUDES EMPLOYERSWITH 4 OR MORE EMPLOYEES