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Workforce & Talent

News Room

TeCMEN Committee to Host Industry Day - 08/16/2017

Special to the Daily News FORT WALTON BEACH — In an effort to spotlight the diverse capabilities that exist among the area’s technical businesses, the Economic Develop...

Building For The Future - 07/10/2017

Building For The Future Looking beyond beaches and the military to boost economic development BY LINDA KLEINDIENST ~ Article written by 850 Magazine   Okaloosa and Walton countie...

Click here to view an occupational wage table providing a sampling of the most requested wage rates for Okaloosa County; the Crestview-Fort Walton Beach-Destin MSA. Please contact the EDC for a more comprehensive list or a specific occupation.

Unlike most Florida metropolitan areas, Okaloosa County offers a prime working age population.
Percentage of Total Department of Defense Employment in the State of Florida
Source: Census Bureau

Retired or otherwise separated military veterans make up 1/3 of Okaloosa's population.

2016 Wage Data
  Average Annual Wage Hourly Wage
STATEWIDE $46,236 $22.23
OKALOOSA $42,156 $20.27
SANTA ROSA $35,149 $16.89
WALTON $34,139 $16.41
Source: Labor Market Statistics, Census of Employment and Wages Program, Extracted 2017
 

Okaloosa Employment                
2017 Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec.    
Labor Force 91,823 93,069 95,274 95,925 97,089                  
Employed 87,534 89,301 91,928 92,855 94,037                  
Unemployed 4,289 3,769 3,346 3,070 3,052                  
Unemployment Rate 4.7% 4% 3.5% 3.2% 3.1%                  
2016 Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec.    
Labor Force 88,872 89,204 91,394 91,561 93,293 95,339 96,043 94,127 9,280 92,021 90,546 89,721    
Employed 84,772 85,451 87,717 88,073 89,989 91,521 92,073 90,457 89,163 88,188 86,702 86,014    
Unemployed 4,100 3,753 3,677 3,488 3,304 3,818 3,970 3,670 3,817 3,833 3,844 3,707    
Unemployment Rate 4.6% 4.2% 4.0% 3.8% 3.5% 4% 4.1% 3.9% 4.1% 4.2% 4.2% 4.1%    
2015 Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec.    
Labor Force 90,735 89,855 91,418 91,785 93,797 94,639 94,846 93,784 92,938 91,339 90,012 89,273    
Employed 85,996 85,364 87,158 87,793 89,461 90,488 90,517 89,569 88,961 87,482 86,200 85,589    
Unemployed 4,739 4,491 4,260 3,992 4,336 4,151 4,329 4,215 3,977 3,857 3,812 3,684    
Unemployment Rate  5.2% 5.0% 4.7% 4.3% 4.6% 4.4% 4.6% 4.4% 4.3% 4.2% 4.2% 4.1%    
2014 Jan.  Feb. March April May June July Aug. Sept. Oct. Nov. Dec.    
Labor Force 97,538 98,701 101,591 101,845 103,711 104,645 106,077 104,711 102,870 101,748 100,066 98,770    
Employed 92,657 93,773 96,696 97,618 99,119 99,871 100,883 99,545 98,150 97,180 95,596 94,586    
Unemployed 4,881 4,928 4,895 4,227 4,592 4,774 5,194 5,166 4,720 4,568 4,470 4,184    
Unemployment Rate 5.0% 5.0% 4.8% 4.2% 4.4% 4.6% 4.9% 4.9% 4.6% 4.5% 4.5% 4.2%    
2013 Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec.    
Labor Force 96,382 96,457 98,834 99,761 101,799 102,208 104,325 102,958 101,986 101,042 99,265 97,010    
Employed 90,611 91,167 94,065 95,221 96,955 97,007 98,972 98,074 97,181 96,578 94,777 92,596    
Unemployed 5,771 5,290 4,769 4,540 4,844 5,201 5,353 4,884 4,805 4,464 4,488 4,414    
Unemployment Rate 6.0% 5.5% 4.8% 4.6% 4.8% 5.1% 5.1% 4.7% 4.7% 4.4% 4.5% 4.6%    
2012 Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec.    
Labor Force 93,975 94,624 97,248 97,534 99,501 101,849 102,160 100,545 99,085 97,848 97,251 97,008    
Employed 87,163 88,065 91,014 91,803 93,425 95,435 95,551 94,381 93,225 92,227 91,562 91,337    
Unemployed 6,812 6,559 6,234 5,731 6,076 6,414 6,609 6,164 5,860 5,621 5,689 5,671    
Unemployment Rate 7.2% 6.9% 6.4% 5.9% 6.1% 6.3% 6.5% 6.1% 5.9% 5.7% 5.8% 5.8%    
Source: U.S. Department of Labor and Florida Department of Economic Opportunity. Data current as of June 16, 2017        
 


Defense Contractors


The large military presence draws a great diversity of technology-based firms. With over 3,000 military men and women separating from the military and staying in the area each year our labor market offers an educated, highly-skilled and highly disciplined work force. This coveted workforce supplements the defense contractors' needs.

Over 300 local technology-based firms contract with the local military bases.

The EDC created TeCMEN in its commitment to growing its technology industries. The Technology Coast Manufacturing and Engineering Network (TeCMEN) is a collaborative network of high-technology manufacturing and engineering service companies working together to gain access to larger projects by partnering and teaming. Assisting in this commitment are Okaloosa's learning institutions that offer associate, undergraduate, master's and doctoral degrees, as well as certification programs and technology-transfer services. The defense contracting in Okaloosa County creates the foundation for growth and expansion in high-technology segments of the economy. Local defense contractors have increased hiring in response to the increased military spending since September 11, 2001. Many are obtaining new contracts each year requiring hundreds of new employees.

Okaloosa County is the leading technology center in Northwest Florida and continues to experience unprecedented growth.

With the military being the #1 contributor in Okaloosa's economy the EDC maintains a leading edge through the Defense Support Initiative Committee in order to ensure the retention and continual growth of the Department of Defense in Okaloosa County. Growth management planning is also an objective of the DSI in preparation for the BRAC realignment personnel.

Workforce

The community's work force is supplemented by the spouses and dependents of the active duty military personnel and civilians, and the retired or separated military personnel from Eglin Air Force Base and Hurlburt Field.

Retired or otherwise separated military veterans make up 1/3 of Okaloosa's population.

Okaloosa County
Population  
2000 170,498  
2016 202,183  
2021 (Projection) 217,236  
 
Males 50.79%  
Females 49.21%  
 
Median Household Income $58,139  
Median Age 35.97  
Source: www.okaloosasites.com, As of February 2017
 
 
Establishments by Size  (2016)   Employees by Major SIC (2016)
         
1-4 Employees 6,451   Agricultural, Forestry, Fishing  831
5-9 Employees 1,838   Mining  6
10-19 Employees 867   Construction  3,719
20-49 Employees 549   Manufacturing  4,011
50-99 Employees 181   Transportation and Communications  3,697
100-249 Employees 98   Wholesale Trade  1,400
250-499 Employees 11   Retail Trade  26,041
500-999 Employees 8   Finance, Insurance and Real Estate  6,647
1000 Employees 3   Services  35,223
      Public Administration  7,181
      Unclassified  735
Source: www.okaloosasites.com, February 2017

 

Educational Attainment

Educational-Attainment.png
Image and Data Source: www.okaloosasites.com, February 2017
 

Other factors that contribute to Okaloosa County's great workforce include:

  • Little or no union membership activity.
  • A constitutional Right-to-Work provision that requires a public referendum rather than a legislative vote to change it.
A listing of Okaloosa County businesses may be viewed on the EDC investor page. To view a list of companies with active business taxes (business licenses), please visit the Okaloosa County Tax Collector's portal.

For more customized information on Okaloosa County's industry, workforce and business climate, visit www.okaloosasites.com

Industries

Okaloosa County is host to a wide array of businesses and industries. From Tourism to Aerospace & Defense, our diversity reflects th...
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TeCMEN

The Technology Coast Manufacturing and Engineering Network, TeCMEN, was established by the Economic Development Council of Ok...
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