Sebastian-Vero Beach, Florida Unemployment
The BLS reported that the unemployment rate for Sebastian rose 0.1 percentage points in November 2023 to 3.6%. For the same month, the metro unemployment rate was 0.7 percentage points higher than the Florida rate. The unemployment rate in Sebastian peaked in April 2020 at 13.8% and is now 10.2 percentage points lower. From a post peak low of 3.0% in September 2022, the unemployment rate has now grown by 0.6 percentage points. You can also compare Sebastian unemployment with unemployment in other cities.
| Unemployment Rate | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.7% | -0.1 | +0.1 |
| Florida | 2.9% | +0.1 | +0.2 |
| Sebastian | 3.6% | +0.1 | +0.6 |
Unemployment Rate: Sebastian, Florida, National
Note: Recessions shown in gray.
Sebastian, Florida Unemployed
The number of people unemployed in Sebastian peaked in May 2020 at 8,460. There are now 5,954 fewer people unemployed in the metropolitan area. From a recent trough of 2,050 in January 2023, the number of unemployed has now grown by 456. Sebastian employment and jobs data (including jobs lost/gained in Sebastian, Florida) is also available.
| Unemployed Persons | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Sebastian | 2,506 | +67 | +432 |
Number of Unemployed Persons
Sebastian, Florida Unemployment History
| Date | National Unemployment Rate |
Florida Unemployment Rate |
Sebastian Unemployment Rate |
Sebastian Unemployed |
|---|---|---|---|---|
| December 2023 |
3.7% | — | — | — |
| November 2023 |
3.7% | 2.9% | 3.6% | 2,506 |
| October 2023 |
3.8% | 2.8% | 3.5% | 2,439 |
| September 2023 |
3.8% | 2.8% | 3.4% | 2,365 |
| August 2023 |
3.8% | 2.7% | 3.3% | 2,293 |
| July 2023 |
3.5% | 2.7% | 3.3% | 2,262 |
| June 2023 |
3.6% | 2.6% | 3.3% | 2,246 |
| May 2023 |
3.7% | 2.6% | 3.3% | 2,229 |
| April 2023 |
3.4% | 2.6% | 3.2% | 2,173 |
| March 2023 |
3.5% | 2.6% | 3.2% | 2,143 |
| February 2023 |
3.6% | 2.6% | 3.1% | 2,083 |
| January 2023 |
3.4% | 2.6% | 3.0% | 2,050 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩
Department of Numbers
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