Overall unemployment rate moved up to 4.9% with the biggest shift in Business Services, which gained 1,200 roles, based on the most recently available information published in April 2021.
Total employment in the Port St. Lucie, FL market rose by 2,907 jobs in March and the unemployment rate increased compared to the prior month by 30 bps to 4.9%. The national unemployment rate decreased by 38 bps over the same time to 6.2%.
- Port St. Lucie, FL unemployment rate is 128 bps below the national rate which is a positive sign.
- Unemployment in the market is 110 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 9.1% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.7% . Key sectors include:
- Transportation & Utilities: 30,400; +100
- Education & Healthcare: 28,100; +200
- Business Services: 23,200; +1,200
- Restaurants & Hotels: 19,600; +400
- Government: 19,200; +200
- Construction, Mining: 13,000; +500
- Manufacturing: 7,600; no change
- Other Jobs: 7,500; no change
- Financial Services: 6,000; no change
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through March 2021 (Data published April 2021 and reports created on April 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.