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Treasure Coast Unemployment Rate Falls to 2.9% in January

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Treasure Coast - Tuesday March 14, 2023: Career Source Research reports that the unemployment rate in the Treasure Coast dipped to 2.9% in January. There were 8,786 unemployed residents in the tri-county area of Martin, St. Lucie and Indian River Counties.

That is 1.2% less than the 4.1% unemployment rate recorded in January of last year, and just a slight 0.3% above the statewide unemployment rate of 2.6%.

Career Source also reports that the Treasure Coast labor force stood at 300,658 in January. That is an increase of 4,505 or 1.5% over January 2022.

Unemployment rate by county:

Martin: 2.5% unemployment

St. Lucie: 3% unemployment

Indian River: 3.1% unemployment