TABLE 6.24           EMPLOYMENT ESTIMATES AND PROJECTIONS

HERNANDO COUNTY

AUG '05

/

AUG '05

AUG '05

LABOR FORCE* (LF)

56,425

/ POP

155,459

36.3%

EMPLOYED

53,882

/ POP

155,459

34.7%

UNEMPLOYED

2,543

/ LF

56,425

4.5%

ES-202** JOBS IN HERNANDO COUNTY BY INDUSTRY: 4TH QUARTER AVERAGE - 2004

JOBS

%

WAGES

x 4

ANNUAL
AVG

+/- COUNTY
AVG

AGRICULTURE

249

0.7%

$6,694

x 4

$26,776

($2,756)

MINING

432

1.2%

$10,248

x 4

$40,992

$11,460

CONSTRUCTION

3,571

9.8%

$7,463

x 4

$29,852

$320

MANUFACTURING: DURABLE

897

2.5%

$9,408

x 4

$37,632

$8,100

MANUFACTURING: NON-DURABLE

227

0.6%

$7,195

x 4

$28,780

($752)

UTILITIES

145

0.4%

$15,497

x 4

$61,988

$32,456

TRANSPORTATION/WAREHOUSING

2,347

6.4%

$9,722

x 4

$38,888

$9,356

WHOLESALE TRADE

797

2.2%

$9,382

x 4

$37,528

$7,996

RETAIL TRADE

6,518

17.9%

$5,312

x 4

$21,248

($8,284)

FINANCE/INSURANCE

1,060

2.9%

$10,130

x 4

$40,520

$10,988

REAL ESTATE/LEASING

399

1.1%

$6,554

x 4

$26,216

($3,316)

INFORMATION

226

0.6%

$11,068

x 4

$44,272

$14,740

PROFESSIONAL/BUSINESS SERVICES

2,437

6.7%

$7,057

x 4

$28,228

($1,304)

EDUCATIONAL SERVICES

3,377

9.3%

$7,385

x 4

$29,540

$8

HEALTH CARE/SOCIAL ASSISTANCE

5,514

15.1%

$10,066

x 4

$40,264

$10,732

ARTS, ENTERTAINMENT, RECREATION

577

1.6%

$3,516

x 4

$14,064

($15,468)

ACCOMMODATIONS, FOOD SERVICES

3,836

10.5%

$2,903

x 4

$11,612

($17,920)

PUBLIC ADMINISTRATION

2,637

7.2%

$10,131

x 4

$40,524

$10,992

PERSONAL SERVICES

1,110

3.0%

$4,688

x 4

$18,752

($10,780)

NOT CLASSIFIED

42

0.1%

$3,813

$15,252

($14,280)

COUNTY TOTAL /AVERAGE

36,398

100.0%

$7,383

x 4

$29,532

$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\stat0506\stat624.xls

* PERSONS WORKING OR LOOKING FOR WORK

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