Orlando Leads the Nation in Employment Growth

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Among the nation’s largest 50 apartment markets, Orlando led for employment growth in the past five years. Orlando’s job base swelled by 24.8% over the past five years, as of August data from the Bureau of Labor Statistics (due to the government shutdown, data has not yet come out for September or October 2025). This was the largest increase seen among the nation’s top 50 markets, though Austin and Las Vegas were not far behind, with growth between 23.1% and 23.6%. Other major Florida apartment markets with a top 10 showing were Miami (18.2%) and West Palm Beach (15.7%). The job sector in Orlando with the most growth in the past five years was the Leisure and Hospitality Services industry, which increased by 51.4%, partly due to the recovery of hospitality jobs after the COVID-19 pandemic. Other Orlando job sectors to see big increases in the past five years include Professional and Business Services and Education and Health Services.