Friday, January 6, 2017

Volusia County Unemployment Rates Decrease as Employers Increase


Ted Doran is a managing partner with Doran Sims Wolfe & Ciocchetti of Daytona Beach, Florida. Actively engaged in the community, Ted Doran is a founding member of Team Volusia, an economic development corporation for Volusia County.

Comprising the Deltona-Daytona Beach-Ormond Beach inclusive metro area, Volusia County is continuing to expand employment opportunities. Employers in Volusia County added 8,000 employees in the last year. Unemployed workers were reduced by 17 percent from the previous year.

The top five industries that added jobs in Volusia County were retail, professional and business services, construction, manufacturing, and leisure and hospitality. 

Volusia County has four main organizations devoted to area economic growth:
- Team Volusia, whose primary purpose is to create new businesses
- Volusia County Economic Development, which encourages sustained economic growth by recruiting new investments
- The CEO Business Alliance, which is composed of CEOs who commit financial resources and time to expanding jobs and job retention 
- The Department of Economic Opportunity, which encourages economic growth through state and federal financial initiatives.