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CareerSource <br />RESEARCH COAST � CJ <br />October 21, 2016 <br />The unemployment rate in the CareerSource Research Coast region (Indian River, Martin, and St. Lucie counties) was 5.8 percent in <br />September 2016. This rate was 0.4 percentage point lower than the region's year ago rate of 6.2 percent. Out of a labor force of <br />265,389 there were 15,522 unemployed residents in the region. The CareerSource Research Coast region contains two metropolitan <br />statistical areas (MSAs); the Port St. Lucie MSA (Martin and St. Lucie counties) and the Sebastian-VeroBeach MSA (Indian River <br />County). In September 2016, nonagricultural employment in the combined CareerSource Research Coast metro areas was 189,200, <br />an increase of 4,400 jobs (+2.4 percent) over the previous year. <br />Unemployment Rates* <br />(not seasonally adjusted) <br />Sept 2016 <br />Aug 2016 <br />Sept 2015 <br />August 2015 <br />Sept 2014 <br />August 2014 <br />CareerSource Research Coast <br />5.8 <br />5.9 <br />_ 6.2 <br />6.7� <br />8.2 <br />8.2 <br />Indian River County <br />6.7 <br />6,6 <br />7.1 <br />7.6 <br />9.0 <br />8.2 <br />Martin County <br />5.0 <br />S,0 <br />5.2 <br />5.6 <br />6.7 <br />6.2 <br />St. Lucie County <br />5.9 <br />6.0 <br />6.2 <br />6.8 <br />8.8 <br />8.0 <br />Florida <br />5.0 <br />4.9 <br />5.3 <br />5.6 <br />6.8 <br />6.3 <br />United States <br />1 4.8 <br />1 5.0 <br />4.9 <br />5.2 <br />6.1 <br />5.9 <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 />Lowest Unemployment Rate <br />Highest Unemployment Rate <br />Martin County had the lowest unemployment rate (5.0 percent) Hendry County had the highest unemployment rate (11.3 percent) in <br />in the CareerSource Research Coast region followed by St. Lucie Florida in September 2016, followed by Hardee County (7.3 percent), <br />County (5.9 percent), and Indian River County (6.7 percent). and Glades County (7.0 percent). <br />Employment by Industry by MSA In the combined CareerSource Research Coast metro areas, the major industries that <br />gained jobs over the year were: education and health services (+1,700 jobs); professional and business services; (+800 jobs); <br />leisure and hospitality (+800 jobs); government (+800 jobs); other services (+400 jobs); mining, logging, and construction (+200 <br />jobs); trade, transportation, and utilities (+100 jobs); information (+100 jobs); and financial activities (+100 jobs). <br />The manufacturing industry lost (-500 jobs) jobs over the year. <br />Port St. Lucie MSA <br />Next release will be November 18th, 2016 <br />collaborate. <br />innovate. <br />lead. <br />G'areersourcarc,com <br />Education & Health Services <br />1200 <br />Leisure and Hospitality <br />700 <br />Government <br />900 <br />Professional and Business Services <br />800 <br />Other Services <br />300 <br />Retail Trade <br />100 <br />Information <br />0 <br />Mining, Logging & Construction <br />100 <br />Financial Activities <br />0 <br />Wholesale Trade <br />-100 <br />Transportation, Warehousing, & Utilities <br />-100 <br />Manufacturing <br />Sebastian -Vero Beach MSA <br />Education & Health Services <br />400 <br />Leisure and Hospitality <br />100 <br />Mining, logging & Construction <br />200 <br />Retail Trade <br />100 <br />Transportation, Warehousing & Utilities <br />200 <br />Professional and Business Services <br />100 <br />Information <br />0 <br />Other Services <br />100 <br />Wholesale Trade <br />0 <br />Financial Activities <br />100 <br />Government <br />0 <br />400 <br />ManufaRurirg 0 <br />Administrative Offices * 584 NW University Boulevard, Suite 100 1 Port Saint, FL Lucie, FL 34986 ANN <br />An equal opportunity employer/program. Auxiliary aids and services are available upon request to individuals with disabilities. Al voice telephone numbers on this document may be reached by persons <br />using TTYfrDD equipment via the Florida Relay Service at 711. <br />r <br />