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CareerSource <br />EMPLOYMENT REP. <br />RESEARCH COAST <br />January 24,2020 <br />,> Tnemployment rate' <br />he uin the CareerSource Research Coast region (Indian River Martin, and St Lucie <br />counties) was'3 0 percent in Decembe 2019x. T r i ate was,0*7,,p cer entagepoint IoW than the er gion's ,year <br />ago rate of;3percentThelabo4€289210;upr4;420 (+176) overrthe year *' <br />* µ. There were 8,784'unerrmployed residents iri*tf a region„;;„ <br />Florida <br />UNEMPLOYMENT RATE <br />Research Coast <br />3.0% <br />,A'F?vi"si .,st"_""t's�„e ,,C"""e`.a 1 .7 ...*.?. 2+. ±C°` <br />The CareerSource Research Coast region contains two metropolitan statistical areas (MSAs) :the Port St. Lucre MSA (Martin and <br />St Lucie counties) and the Sebastian -Vero Beach MSA (Indian River County)'December- 2019, nonagricultural employment in the <br />"combined CareerSource Research Coastt metro "areas was 216,200, an increase of 4,800 jobs (+2.3 percent) over the previous year:;w <br />The majorit' of the nonagricultural employment in the CareerSource Research Coast region was in the Port St Lucie metro area. <br />This metro area accounted for, 159,000 jobs in December 2019, an increaseof 2,800jobs from December 2018 (+1.8 percent). <br />;The government (+2.5 percent); other services (+2.4 percent); and financial activities (+1.7 percent) industries grew faster in the . . <br />metro area than the statewide over the year <br />percent) in December 2019. <br />• <br />In December2019 onagricultural employment in the Sebastian -Vero Beach MSA was 57,200, an increase of 2,000 jobs (+3.6 <br />percent) over the year.' ' <br />,:, <br />' The Sebastian Vero Beach MSA had the fastest annual job growth rate compared to all the metro areas in the state in leisure and <br />hospitality (+6.9 percent) in December 2019. l <br />TheSebastian Vero Beach MSA was tied for the third fastest annual job growth rate compared to all the metro areas in the state <br />trade, transportation and utilities (+2.8 percent) in December 2019. <br />Total Jobs <br />AREA INDUSTRY SECTORS <br />WITH THE MOST JOB GAINS <br />0 200 400 <br />600 800 1000 1200 1400 <br />❑ Leisure & Hospitality 0 Education & Health Services ❑ Construction 0 Government <br />0 Trade, Transportation, and Utilities ® Manufacturing. <br />Next Release Date - March 16, 2020 <br />www.careersourcerc.com <br />An equal opportunity employer/program. Auxiliary aids and services are available upon request to individuals with disabilities. AR voice telephone numbers on this document may be reached by <br />persons using TTY/TDD equipment via Florida Relay Service at 711 <br />5 <br />