Tampa MSA Unemployment Update for May

Tampa MSA Unemployment Update for May

The Tampa-St. Petersburg-Clearwater area unemployment numbers are out. Here’s a snapshot of what took shape in May:

The unemployment rate in our area decreased month-over-month from 13.2% to 13.1%, potentially benefitting slightly from the beginning of the business and government reopenings taking place across the state.

In other areas, we saw mixed results:

  • Pensacola unemployment dipped to 11% in May from 11.8%  from April.
  • Gainesville and Tallahassee areas were the only regions in single digits, both at 8.7% for the month
  • Tallahassee increased from 8.3% in April, while Gainesville was at 8.8%.


Download the Tampa MSA one-sheet for more details on unemployment for the month.


Unemployment Tracker for the Month of May

About the Author
John Milsaps, a Senior Advisor at SVN Commercial Advisory Group, specializes in landlord and seller representation in Tampa's professional office and healthcare real estate sectors. His expertise in commercial office space makes him a trusted advocate for clients seeking strategic real estate solutions.