Thank you Ocala/Marion County Chamber and Economic Partnership for helping Ocala Business Leaders, Inc. celebrate 20 years of connecting Ocala Business Leaders with everyone we meet.
There are so many incredible things happening in our community. The coming months will see the announcement of new primary employers and major expansions by existing primary employers. The Power Plant Business Incubator continues to help innovative and scalable startups primarily in the areas of technology, health care, and communications. The downtown area continues to generate enthusiasm with the new midtown plan, an ever-growing line up of restaurants and stores, and the long awaited hotel project set to break ground by the end of summer. All of this excitement and growth is in large part the result of our partners. Thank you for your engagement and investment in moving Ocala and Marion County forward.
Leadership Ocala Marion
Spring brings warmer weather, high school proms and graduations, and the beginning of planning for the CEP’s amazing leadership programs. For 30 years, Leadership Ocala Marion (LOM) has been training and providing opportunities to train new generations of leaders on the needs of this community and how they can engage. Continue reading
OCALA METRO POSTS THIRD FASTEST JOB GROWTH RATE IN FLORIDA
OCALA, Fla. (April 21, 2017) – If not yet in full bloom, the economy is certainly growing stronger in the CareerSource Citrus Levy Marion region.
According to today’s employment summary by the Florida Department of Economic Opportunity (DEO), the unemployment rate in March for the CareerSource CLM region was 5.2 percent, down 0.7 percentage point since February and 0.6 percentage point lower than the area’s rate a year ago of 5.8 percent.
Out of an expanded labor force of 201,238, there were 10,556 unemployed, a drop of 1,281 over the month and 915 less than a year ago. Significantly, there were 190,682 people with jobs throughout the three counties, an increase of 1,893 over the month and 5,882 more than in March 2016.
Additionally, the DEO reports that the Ocala metropolitan statistical area (MSA) posted 103,700 nonfarm jobs in March, an increase of 4,000 new jobs for a 4.0 percent growth rate over the year. That’s the third fastest rate among all Florida’s metro areas.
For the third consecutive month, the Ocala MSA continued to hold the fastest annual job growth rate compared to all metros in Florida in professional and business services, at 11.0 percent. The Ocala MSA had the third fastest job growth rate in mining, logging and construction at 10.4 percent.
Kathleen Woodring, CareerSource CLM’s executive vice president, said that the region is gaining momentum when it comes to positive economic indicators.
“This is exactly what we like to see: expansion of the labor force fueled by strong job growth,” she said. Continue reading
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