April 18, 2024
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Regional snapshots of Florida's job market
Amy Martinez | 7/26/2019
Tampa-St. Petersburg-Clearwater
- Since 2014, life sciences companies Bristol-Myers Squibb, Johnson & Johnson and Amgen have opened offices in Tampa, creating hundreds of jobs. All told, Tampa’s life sciences and health care sector has more than 3,000 companies employing about 92,000 people, according to economic development officials. Tampa General Hospital now wants to create a medical district with USF in and around downtown Tampa to help attract more doctors and researchers to the area.
Jobs and Wages
- Tampa’s economy has grown from 1.2 million jobs in 2014 to 1.4 million jobs in 2018, a 17% increase. Tampa’s strongest sector in the past five years has been professional and business services, followed closely by tourism. UCF’s Institute for Economic Forecasting says construction will be the fastest-growing job sector in Tampa during the next four years, with an average annual increase of 4%. Tampa’s average annual wage increased from $49,300 in 2014 to $54,000 in 2018.
- The average worker is projected to make $62,500 a year by 2022, according to UCF’s Institute for Economic Forecasting.
Lakeland-Winter Haven
Jobs and Wages
- In the past five years, the number of jobs in the Lakeland-Winter Haven area has increased by 25,200, or 13%. Average wages: $47,000. Lakeland’s professional and business services sector has grown from 27,100 jobs in 2014 to 31,500 jobs in 2018, a 16% increase. The sector is projected to grow at an average annual rate of 5% during the next four years, to 38,100 jobs in 2022.
