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Overall employment grew almost a quarter (23.9%) from 2014 to 2024. This has come from largely steady positive growth in all years except 2020 during the height of the COVID-19 pandemic. In 2022 annual employment growth peaked at 4.7% and has since slowed in the following years through 2024 but remains positive.
As of 2024, the Pinellas Labor Shed reached a total employment level of about 1.5M workers. The sector with the largest share of employment is Trade, Transportation, and Utilities (286K workers), which comprises 18.8% of the regional total. Second largest is the Professional and Business Services sector with 17.1%, and the third largest is Health Services & Private Education at 16.5% of regional employment.
The labor force in the Pinellas Labor Shed grew 19.1% between 2014 and 2024 only declining during 2020 and consistently growing faster than the U.S. average each year. The largest growth in the labor force occurred in 2022, when the available workforce grew by 4.1%. In the proceeding years, the growth rate has slowed but remains positive.
