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CareerSource [E@P@T <br />RESEARCH COAST � 00 UNo�E <br />May 20, 2016 <br />The unemployment rate in the CareerSource Research Coast region (Indian River, Martin, and St. Lucie counties) was 5 0 <br />percent in April 2016. This rate was 0.7 percentage point lower than the region's year ago rate of 5.7 percent. Out of a labor <br />force of 262,863 there were 13,083 unemployed residents in the region. The CareerSource Research Coast region contains <br />two metropolitan statistical areas (MSAs), the Port St. Lucie MSA (Martin and St. Lucie counties) and the Sebastian -Vero <br />Beach MSA (Indian River County). In April 2016, nonagricultural employment in the combined CareerSource Research Coast <br />metro areas was 192,200, an increase of 5,300 jobs (+2.8 percent) over the previous year. <br />Unemployment Rates* <br />(not seasonally adjusted) <br />April 2016 <br />March 2016 April 2015 <br />March 2015 April 2014 <br />March 2014 <br />CareerSource Research Coast <br />Region <br />5.0 <br />5.1 5.7 <br />5.8 6.8 <br />7.5 <br />Indian River County <br />5.5 <br />5.5 6.2 <br />6.2 7.3 <br />8.0 <br />Martin County <br />4.4 <br />4.6 4.9 <br />5.1 5.5 <br />6.2 <br />St. Lucie County <br />5.0 <br />5.2 5.9 <br />6.0 7.7 <br />8.4 <br />Florida <br />4.5 <br />4.7 5.2 <br />5.4 6.0 <br />6.6 <br />United States <br />4.7 <br />5.1 5.1 <br />5.6 5.9 <br />6.8 <br />'Monthly employment and unemployment rates (not seasonally adjusted) at the state and local levels may have sharp fluctuations due to seasonal events that follow a somewhat regular pattern each <br />year. Seasonal events include tourism, agricultural harvests, holidays, and the opening and closings of schools. The effects these events have on labor statistics can be eliminated through seasonal <br />adjustment, a statistical technique that smoothes the seasonal impacts and makes it easier to observe underlying trends. Seasonally adjusted unemployment rate estimates are available for Florida, <br />andmetropolitan areas on a lagged basis, but are not available for all counties. Seasonally adjusted nonagricultural employment is available for Florida by industry and for selected metro areas at the <br />total level only. <br />Lowest Unemployment Rate (not seasonally adjusted) Highest Unemployment Rate (not seasonally adjusted) <br />Monroe County had the state's lowest unemployment rate Hendry County had the highest unemployment rate (7.0 <br />(3.0 percent), followed by Hamilton County (3.2 percent) percent), followed by Sumter County (6.6 percent) and <br />and St. Johns County (3.4 percent). Citrus County (6.3 percent). <br />Employment by Industry (by MSA) <br />In the combined CareerSource Research Coast metro areas, the major industries that gained jobs over the year were <br />education and health services (+1,800 jobs), leisure and hospitality (+1,000 jobs); government (+1,000 jobs), profession- <br />al and business services, (+600 jobs); mining, logging, and construction (+500 jobs), trade, transportation, and utilities, <br />and other services (+400 jobs each), information; and financial activities (+100 jobs each). The manufacturing (-600 <br />jobs) industry lost jobs over the year. <br />Port St. Lucie MSA <br />Education & Health Services <br />1,300 <br />Government <br />1,000 <br />Leisure and Hospitality <br />800 <br />Professional & Business Services <br />500 <br />Other Services <br />300 - <br />Mining, Logging & Construction <br />200 <br />Information <br />100 <br />Retail Trade <br />100 <br />Transportation, Warehousing & <br />Utilities <br />0 <br />Wholesale Trade <br />0 <br />Financial Activities <br />0 <br />Manufacturing <br />400 <br />Sebastian -Vero Beach MSA <br />Education & Health Services <br />500 <br />Mining, Logging & Construction <br />300 <br />Retail Trade <br />200 <br />Leisure and Hospitality <br />200 <br />Transportation, Warehousing & <br />Utilities <br />100 <br />Professional & Business Services <br />100 <br />Other Services <br />100 <br />Financial Activities <br />100 <br />Wholesale Trade <br />0 <br />Information <br />0 <br />Government <br />0 <br />Manufacturing <br />Administrative Offices ' 584 NW University Boulevard, Suite 100 1 <br />The number �f jobs ir7 Fforrda ,t -as <br />8 283.900 in A�rrl 2016. u� Z5d SOO��bs <br />;ompared to a year ago. Afxi! 2016 �;ras the <br />69th conseeutrve month vritlr p�sit/ve <br />annua/lib growth a/ter the state IUsi Violas <br />for raver three years The inckrsLy gaining <br />the most jobs was education and health <br />services (+47. 1001obs. +4.0 percent). <br />Next release will be June 17, 2016 <br />200 _c <br />r� <br />Port Saint Lucie, FL 34986 <br />An equal opportunity employer/program. AuAliary aids and services are available upon request to individuals with disabilities. All voice telephone numbers on this document may be reached by persons 9 <br />using TTY/TDD equipment via the Florida Relay Service at 711. <br />rollaboni�. <br />•i.l - J <br />innovate <br />'. <br />lead. <br />as- <br />careersourc:erc.com <br />=' <br />200 _c <br />r� <br />Port Saint Lucie, FL 34986 <br />An equal opportunity employer/program. AuAliary aids and services are available upon request to individuals with disabilities. All voice telephone numbers on this document may be reached by persons 9 <br />using TTY/TDD equipment via the Florida Relay Service at 711. <br />