(April 21, 2017 – Miami, FL) Miami-Dade experienced a healthy 2 percent job growth or 23,400 payroll jobs from March 2016 to March 2017 across industries with Education and Health Services (8,600) and Professional and Business Services (5,000) leading, according to state figures released Friday.
“We’re seeing consistent yearly job increases across industry sectors which is the priority of One Community One Goal, an initiative of the Miami-Dade Beacon Council to diversify the local economy and bring higher paying jobs,” said Jaap Donath, Ph.D., Senior Vice President, Research & Strategic Planning for the Miami-Dade Beacon Council.
The numbers analyzed
Miami-Dade County created 23,400 new nonagricultural payroll jobs (not seasonally adjusted), from March 2016 to March 2017 which was a 2.0 percent increase. Miami-Dade County continues to show year over year gains. Improvements in the non-farm payroll jobs can be found in a variety of sectors. Between February 2017 and March 2017, Miami-Dade County increased nonagricultural payroll jobs by 2,600 or 0.2 percentage point.
The not seasonally adjusted unemployment rate for Miami- Dade County was 5.3 in March 2017, which was a 0.2 percentage point increase from February 2017 at 5.1 percent, and 0.2 percentage point decrease from March 2016 at 5.5 percent.
In March 2017, the seasonally adjusted unemployment rate for Miami-Dade County (taking seasonal fluctuations in the labor force into consideration) was 5.3 percent, which was an 0.1 percentage point lower than March 2016.