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Comprehensive Plan Introductory Element TABLE 1.24 UNEMPLOYMENT RATE INDIAN RIVER COUNTY AND THE STATE OF FLORIDA 2000 Unemployment Rate 2008 Unemployment Rate Florida 3.8% 6.2% Indian River County 5.1% 8.1% Source: Florida Agency For Workforce Innovation The county's unemployment rate is also cyclical. Generally, the unemployment rate is higher during the summer months. The cyclical rate is attributed to the seasonal nature of the citrus and tourism sectors. Employment Employment by major industrial sector is presented in Table 1.25. These data show the number of persons employed and percent of total employment. As shown in Table 1.25, employment decreased in manufacturing, utilities, and information from 2001 to 2008. In 2001, retail was the sector with the largest percentage of employees in the county at 17.9%. The health care sector was the next largest at 14.6%. In 2008, the health care sector overtook the retail sector in terms of total employment. The growth of the health care sector can in part be attributed to the aging of the County's population. Some of the decline in the retail and manufacturing sectors can be attributed to the collapsed housing market and recent economic crisis. TABLE 1.25 EMPLOYMENT BY MAJOR INDUSTRIAL SECTOR INDIAN RIVER COUNTY 2001 2008 Employees % Total Employees % Total Agriculture 2,488 5.8% 2,641 5.38% Mining Not Published ------ Not Published ------ Utilities 29 0.1% 21 0.04% Construction 2,951 6.9% 4,167 8.49% Manufacturing 3,106 7.2% 2,185 4.45% Wholesale Trade 788 1.8% 867 1.77% Retail Trade 7,563 17.6% 8,011 16.32% Transp. & Warehousing 623 1 1.5% 1,013 2.06% Community Development Department Indian River County