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Home Community News in Sebastian, Florida

Indian River County Unemployment Rises To 5.4%

Tina Hodges by Tina Hodges
Jul 22, 2017 / 12:59 PM
A A
Unemployment rate in Indian River County slightly rises.

Unemployment rate in Indian River County slightly rises.

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SEBASTIAN – The unemployment rate for Indian River County last month was at 5.4 percent, up from 4.9 percent in May.

However, Florida’s unemployment is the lowest it’s been in a decade, and Indian River County is still going through its offseason.

Florida’s unemployment rate dropped to 4.1 percent in June, the lowest since June 2007, said Gov. Rick Scott.

“Over the past six and a half years, we have tirelessly worked to cut more than $7 billion in taxes and reduce more than 5,000 burdensome regulations, which is helping job creators like Allegiant Air bring new opportunities to our state,” said Gov. Rick Scott in a prepared statement.

“Our newly established $85 million Florida Job Growth Grant Fund will keep Florida on track to becoming the national leader for job growth. I encourage businesses interested in growing in Florida to learn more about the Florida Job Growth Grant Fund today,” Scott added.

Statewide, the seasonally adjusted unemployment rate for June was 4.1 percent, down from 4.3 percent a year earlier. The national unemployment rate was 4.4 percent.

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