Talent Development Network’s CEO for a Day Program Sets the Foundation for Future Business and Community Leaders’ Success

For Immediate Release

Media Contact:

Maria Teresa Garcia

tgarcia@beaconcouncil.com 

Inaugural kick-off event to take place on January 29th at Marlins Park

(Miami, Fl) January 27, 2020- The Talent Development Network (TDN), supported by the Miami-Dade Beacon Council’s One Community One Goal (OCOG) initiative and its Academic Leaders Council (ALC), launches CEO for a Day, a community-wide talent initiative to mentor local students and assist them in developing valuable skills for futures as business or community leaders. The program kicks-off on January 29th at Marlins Park, where CEOs will be matched with local high school and university students in a system modeled after a Major League Baseball draft.

 

The Talent Development Network, operated out of the FIU Office of Engagement, works across the seven Miami-Dade academic institutions associated with OCOG’s ALC and with local industries to promote paid internships in an effort to recruit, develop and retain talent locally. The event will bring together outstanding students from Barry University, Florida International University, Florida Memorial University, Miami Dade College, Miami Dade County Public Schools, St. Thomas University, and University of Miami to be matched with CEOs and C-suite executives from more than 70 local corporates and small businesses including Florida Blue, the Miami Marlins, Microsoft and Uber. Miami-Dade boasts one of the largest educational ecosystems in the US with over half-a-million students attending ALC-member institutions.

 

The Talent Development Network and CEO for a Day are generously supported by the Helios Education Foundation, the Miami Marlins, and AT&T’s Believe Miami.

“Believe Miami combines the commitment and compassion of our employees with the strength of AT&T to help empower Florida’s young people with the skills and support they need to thrive,” said AT&T Florida President Joe York. “And through this initiative, AT&T is proud to support the Talent Development Network in their effort to empower more students to reach their highest potential.”

“Talent is the most important asset for any business,” notes Michael A. Finney, President and CEO of the Miami-Dade Beacon Council. “As we engage with businesses locally, nationally and internationally, we not only highlight the strength and diversity of our existing talent pool, but the strong pipeline that is being supported by every level of our education system. Partnerships with the business sector are instrumental to that development, which is why we are such strong supporters of paid internship programs like TDN and its CEO for a Day initiative.”

 

Event Details

What: Talent Development Network, AT&T, and Marlins Park present CEO for a Day
When: Wednesday, January 29, 2020 | 8:30AM
Where: Marlins Park, The Club: DEX Imaging
501 Marlins Way, Miami, FL 33125

Who: South Florida’s outstanding local university and high school students; South Florida CEOs and C-Suite executives; Miami Academic Leaders Council members.

A special welcome message will be shared by the CEO of the Miami Marlins, MLB Hall of Famer, Derek Jeter.

 

About the Talent Development Network

The One Community One Goal Talent Development Network (TDN) is the collective effort of Miami’s seven major educational institutions – Barry University, Florida International University, Florida Memorial University, Miami Dade College, St. Thomas University, the University of Miami and Miami-Dade County Public Schools. They form the Academic Leaders Council and work alongside Miami’s economic development agency, the Beacon Council, as well as industry partners, to build and retain talent and align academic curriculum with industry needs in South Florida. The Talent Development Network (TDN) is an innovative economic and career development program on a mission to build a robust internship culture in Miami Dade. For more information and to access the TDN Internship Portal: https://home.tdnmiami.com/index.html


About One Community One Goal
One Community One Goal is a roadmap for Miami-Dade County’s future economic development success.  This initiative provides a collaborative platform that promotes community-wide economic development and prosperity in Miami-Dade County, by driving innovation, leveraging strengths, providing clear thought leadership, and coalescing public and private priorities. One Community One Goal brings together a broad spectrum of Miami-Dade organizations, working to advance the goal of a thriving, inclusive and diverse community.

 

 

About the Miami‐Dade Beacon Council

Miami‐Dade Beacon Council is the official economic development organization for Miami‐Dade County. Its mission is to increase jobs and investment through marketing Miami as a world class business destination; helping grow local companies; and shaping Miami’s economic future. Since 1985, the organization has assisted more than 1,000 businesses that have created nearly 70,000 direct jobs and added more than $4.7 billion in new capital investments. A professional staff and volunteer community leaders work to promote Miami as a world‐class 21st century community at the forefront of a changing global economy. For more information: www.beaconcouncil.com

December Employment Report

Sponsored by:

Unemployment rate hits a breaking record of 1.8%, lowest rate in the State of Florida

(Miami, Fl)- January 27, 2020- Miami-Dade County has created 25,900 new jobs in the past 12 months, while unemployment hits a breaking record of 1.8%, lowest rate in the State of Florida. The numbers show Miami-Dade County has a strong and diversified economy with Education and Trade & Logistics leading the way in the past year.

 

Miami-Dade County is successful as a community. In 1997, One Community One Goal, Miami-Dade’s economic development strategic plan identified seven target industries with the highest potential job growth and high wages, which included: Aviation, Banking & Finance, Creative Design, Hospitality & Tourism, Technology & Innovation, Life Sciences & Healthcare, Trade & Logistics. For over 20 years, the Miami-Dade Beacon Council has led community efforts to expand and strengthen these industries to continue to create jobs in all these sectors resulting in a diversified, strong economy with a large labor force.

 

The numbers analyzed

 

In December 2019, Miami-Dade County had the lowest unemployment rate in its history (not seasonally adjusted) at 1.8 percent. Miami-Dade County, together with Monroe County (the Florida Keys), had the lowest unemployment rate in Florida in December 2019.

 

In addition, the area was the third largest metro area in year-over-year job gains in Florida, following Orlando-Kissimmee-Sanford and the Tampa-St. Petersburg-Clearwater. The County created 25,900 new non-agricultural payroll jobs (not seasonally adjusted), from December 2018 to December 2019, which was a 2.1 percent increase. In December 2019, Miami-Dade County reached the highest number payroll jobs it its history.

 

The highest job creation occurred in Education & Health Services (11,400), with most jobs created in the healthcare industry. Job creation also occurred in Professional & Business Services (4,400), Leisure and Hospitality (4,300), Transportation, Warehousing & Utilities (3,200), Total Government (2,400), Wholesale Trade (1,900), Construction (1,600), and Other Services (500). The graph below shows the payroll data since October 2017.

SectorDecember 2018- December 2019November 2019 – December 2019
Education & Health Services+11,400 (+6.8%)-300 (-0.1%)
Professional & Business Services+4,400 (+1.4%)+900 (+0.5%)
Leisure and Hospitality+4,300 (+2.3%)+1,500 (+1.0%)
Transportation, Warehousing, & Utilities+3,200 (+3.9%)+2,300 (+2.8%)
Total Government+2,400 (+1.7%)-1,600 (-1.1%)
Wholesale Trade+1,900 (+2.6%)+800 (+1.1%)
Construction+1,600 (+3.0%)-1,100 (-2.0%)
Other Services+500 (+1.0%)-300 (-0.6%)
Retail Trade-100 (-0.1%)+600 (+0.4%)
Information-300 (-1.5%)0 (0.0%)
Manufacturing-1,600 (-3.8%)+400 (+1.0%)
Financial Activities-1,800 (-2.2%)+100 (+0.1%)

The unemployment rate of 1.8 percent compared to last year December was a 1.7 percentage point lower unemployment rate at 3.5 percent in December 2018. Compared to November 2019 there was a 0.9 percentage point decrease from the unemployment rate at 2.7 percent. Below the graph compares the unemployment rate for Miami-Dade County with that of the United States since November 2017. It shows that Miami-Dade County was tracking the unemployment rate of the United States at a slightly higher rate until November 2018. For the last twelve months the United States had a higher unemployment rate than Miami-Dade County.

In December 2019, the seasonally adjusted unemployment rate for Miami-Dade County (taking seasonal fluctuations in the labor force into consideration) was 2.8 percent, which is 0.7 percentage point lower than in December 2018.

December 2019
Unemployment Rate
(Not Seasonally Adjusted)
December 2018 to

December 2019
Unemployment Rate Change
(Not Seasonally Adjusted)

Miami-Dade County1.8%-0.7%
Palm Beach County2.7%-0.5%
Broward County2.5%-0.6%
Florida2.5%-0.8%
United States3.4%-0.3%

From the data and analysis above, we see continued improvement in the local economy. Nevertheless, the community needs to remain focused on job creation projects in targeted industries. These industries have been identified as the industries most able to create additional well-paying job opportunities in Miami-Dade County, leading to an improved quality of life for Miami-Dade County residents. The Miami-Dade Beacon Council continues to aggressively work on attracting new companies to our community and work on the expansion and retention of existing business. For more information, visit www.beaconcouncil.com.

The job creation numbers are derived from the U.S. Bureau of Labor Statistics Current Employment Statistics Program (CES), and only account for non-farm payroll jobs. However, the unemployment rates are derived from the U.S. Bureau of Labor Statistics Local Area Unemployment Statistics Program (LAUS), which includes farm payroll jobs as well as self-employed workers.

In addition, the federal government typically conducts interviews in sample households to determine the unemployment rate. Miami-Dade County is one of six metropolitan areas in the United States that uses a different method solely based on a statistical model derived from several data sets.

The Miami-Dade Beacon Council and Publishing Partner HCP Media Launch Advantage Miami 2020

MIAMI, FL., January 10, 2020 – The Miami-Dade Beacon Council, together with custom media company HCP Media, proudly unveil the 2020 edition of Advantage Miami. This “go-to” resource
guide provides business owners, key decision makers and talent with essential information on MiamiDade County’s business advantages, including its growing tech ecosystem, strategic global location, infrastructure, diverse talent pipeline, and more.

“2020 is a milestone year for the Miami-Dade Beacon Council, as we celebrate our 35th year as Miami-Dade County’s official economic development partnership,” states Michael Finney, President
and CEO of the Miami-Dade Beacon Council. “This edition of Advantage Miami showcases some compelling success stories, as well as actionable data that stakeholders need in order to make informed, strategic decisions about the future of their business. Miami-Dade is uniquely positioned to support the kind of growth forward-thinking professionals are looking for; this publication helps us tell that story.”

The 2020 edition of Advantage Miami positions Miami-Dade County as one of the world’s premier destinations for new and expanding businesses. Driven by new technology concepts, an increasing flow of high-performing talent and abundant sources of capital, Miami is a hub of innovation and a magnet for global investment. Add a diverse and multilingual workforce, business-friendly local and state governments, and a vibrant quality of life, and one can see why Miami stands apart as a multifaceted destination to live, work and play.

“This is a community with a globally recognized profile, especially from a lifestyle perspective. We want to make sure that people – especially talent and companies’ decision makers – are just as familiar with Miami’s advantages as a world-class global business destination,” explains Maria Budet, Chief Marketing Officer for The Beacon Council. “This publication not only allows us to tell that data-driven story in a user-friendly way but allows us to start a dialogue that highlights how The Beacon Council can help businesses navigate that transition to this market in a seamless, successful way.”

“It is such a pleasure to create Advantage Miami on behalf of The Beacon Council knowing it is used to cultivate more business in Miami-Dade County,” says Marisa Beazel, President and Publisher of HCP Media. “This new edition is chock full of data, visually appealing photography and quotes from local business owners and community figures that continue to position Miami-Dade County as a burgeoning destination for art, technology, startups and more.”

For more information on this publication and for an opportunity to be a part of the next edition, please contact Cristiana Glassford at 305-376-5252.

 

About The Miami-Dade Beacon Council
The Miami-Dade Beacon Council is Miami-Dade County’s official economic development partnership. The not-for-profit public-private organization focuses on job creation and economic growth. Since 1985, the organization has assisted more than 1,000 businesses that have created over 70,000 direct jobs and added more than $5 billion in new capital investments. It accomplishes this by marketing Miami-Dade as a world-class business location, growing local companies and shaping the local economy’s future. For more information, visit www.beaconcouncil.com.

About HCP Media
As communication experts, HCP Media, a division of McClatchy, creates innovative, market-leading, cross-platform solutions that stay ahead of consumers’ evolving media habits. A custom publishing and promotion company, HCP produces over 75 custom publications for hotels, airlines and other clients. The company’s reach extends beyond the travel niche and into the global luxury market, including ensuite cruise line publications and luxury lifestyle magazines. Beyond the written word, HCP’s top-tier marketing and branding products include videos and websites, custom event marketing, strategic social media and blog content, and materials for national and global companies targeting affluent consumers, as well as accompanying sales, promotional and marketing programs. Together, these turnkey print and digital marketing solutions reach more than 80 million active travelers annually and 5 million unique monthly visitors on its combined websites. HCP’s work has also been recognized with more than 300 editorial, photography and design awards.

November 2019 Employment Report

Sponsored by:

Miami-Dade County has reached the highest number of payroll jobs in its history

The numbers analyzed

In November 2019, Miami-Dade County area was the third largest metro area in year-over-the-year job gains in Florida, following Orlando-Kissimmee-Sanford and Tampa-St. Petersburg-Clearwater areas. The County created 24,700 new nonagricultural payroll jobs (not seasonally adjusted), from November 2018 to November 2019 which was a 2.0 percent increase. In November 2019, Miami-Dade County reached the highest number payroll jobs in its history.

The highest job creation occurred in Education & Health Services (13,000), with most jobs created in the healthcare industry. Job creation also occurred in Leisure and Hospitality (3,400), Transportation, Warehousing & Utilities (3,000), Professional & Business Services (2,600), Total Government (2,300), Construction (1,700), Wholesale Trade (1,000), and Other Services (800). The graph below shows the payroll data since October 2017.

SectorNovember 2018- November 2019October 2019 – November 2019
Education & Health Services+13,000 (+6.8%)+1,600 (+0.8%)
Leisure and Hospitality+3,400 (+2.3%)+2,100 (+1.4%)
Transportation, Warehousing, & Utilities+3,000 (+3.8%)+300 (+0.4%)
Professional & Business Services+2,600 (+1.4%)-1,300 (-0.7%)
Total Government+2,300 (+1.6%)+1,800 (+1.3%)
Construction+1,700 (+3.1%)+700 (+0.5%)
Wholesale Trade+1,000 (+1.4%)+100 (+0.1%)
Other Services+800 (+1.5%)+100 (+0.2%)
Information-200 (-1.0%)+200 (+1.0%)
Financial Activities-400 (-0.5%)+900 (+1.1%)
Retail Trade-600 (-0.4%)+2,700 (+1.9%)
Manufacturing-2,500 (-5.9%)-200 (-0.5%)

The not-seasonally adjusted unemployment rate for Miami-Dade County was 2.7 percent in November 2019. This is among the lowest unemployment rates in Miami-Dade County’s history. The lowest rate was 2.5% prior to the Great Recession. Compared to last year November there was a 0.6 percentage point decrease from the unemployment rate at 3.3 percent. Compared to October 2019 there was a 0.2 percentage point decrease from the unemployment rate at 2.9 percent. Below the graph compares the unemployment rate for Miami-Dade County with that of the United States since October 2017. It shows that Miami-Dade County was tracking the unemployment rate of the United States at a slightly higher rate until November 2018. For the last twelve months the United States had a higher unemployment rate than Miami-Dade County.

In November 2019, the seasonally adjusted unemployment rate for Miami-Dade County (taking seasonal fluctuations in the labor force into consideration) was 3.5 percent, which is 0.5 percentage point lower than in November 2018.

November 2019
Unemployment Rate
(Not Seasonally Adjusted)
November 2018 to

November 2019
Unemployment Rate Change
(Not Seasonally Adjusted)

Miami-Dade County2.7%-0.6%
Palm Beach County2.8%-0.5%
Broward County2.6%-0.5%
Florida2.7%-0.6%
United States3.3%-0.2%

From the data and analysis above, we see continued improvement in the local economy. Nevertheless, the community needs to remain focused on job-creation projects in targeted industries. These industries have been identified as the Miami-Dade County industries most able to create additional well-paying job opportunities, leading to an improved quality of life for Miami-Dade County residents. The Miami-Dade Beacon Council continues to aggressively work on attracting new companies to our community and work on the expansion and retention of existing business. For more information, visit www.beaconcouncil.com.

The job creation numbers are derived from the U.S. Bureau of Labor Statistics Current Employment Statistics Program (CES), and only account for non-farm payroll jobs. However, the unemployment rates are derived from the U.S. Bureau of Labor Statistics Local Area Unemployment Statistics Program (LAUS), which includes farm payroll jobs as well as self-employed workers.

In addition, the federal government typically conducts interviews in sample households to determine the unemployment rate. Miami-Dade County is one of six metropolitan areas in the United States that uses a different method solely based on a statistical model derived from several data sets.

October 2019 Employment Report

In October 2019, Miami-Dade County had the highest number of non-agricultural payroll jobs in county history at  1,233,700.

The numbers analyzed

In October 2019, Miami-Dade County area was the third largest metro area in year-over-the-year job gains in Florida, following Orlando-Kissi­­mmee-Sanford and the Tampa-St. Petersburg-Clearwater areas. The County created 23,600 new nonagricultural payroll jobs (not seasonally adjusted), from October 2018 to October 2019 which was a 2.0 percent increase. The highest job creation occurred in Education & Health Services (9,900), with most jobs created in the healthcare industry. Job creation also occurred in Professional & Business Services (5,400), Transportation, Warehousing & Utilities (5,000), Leisure and Hospitality (3,100), Construction (1,700), Total Government (1,000), Wholesale Trade (600), and Other Services (600). The graph below shows the payroll data since October 2017.

SectorOctober 2018- October 2019September 2019 – October 2019
Education & Health Services+9,900 (+5.2%)+2,000 (+1.0%)
Professional & Business Services+5,400 (+3.0%)700 (+0.4%)
Transportation, Warehousing, & Utilities+5,000 (+6.5%)+2,200 (+2.7%)
Leisure and Hospitality+3,100 (+2.2%)+1,400 (+1.0%)
Construction+1,700 (+3.2%)-900 (-1.6%)
Total Government+1,000 (+0.7%)+1,800 (+1.3%)
Wholesale Trade+600 (+0.8%)-900 (-1.2%)
Other Services+600 (+1.1%)-400 (-0.7%)
Information-200 (-1.0%)+100 (+0.5%)
Financial Activities-900 (-1.1%)+400 (+0.5%)
Retail Trade-600 (-0.4%)+2,700 (+1.9%)
Manufacturing-2,000 (-4.7%)-500 (-1.2%)

The not-seasonally adjusted unemployment rate for Miami-Dade County was 2.9 percent in October 2019. Compared to last year October there was a 0.7 percentage point decrease from the unemployment rate at 3.6 percent. Compared to September 2019 there was a 0.2 percentage point decrease from the unemployment rate at 3.1 percent. Below the graph compares the unemployment rate for Miami-Dade County with that of the United States since October 2017. It shows that Miami-Dade County was tracking the unemployment rate of the United States at a slightly higher rate until November 2018. For the last twelve months the United States had a higher unemployment rate than Miami-Dade County.

In October 2019, the seasonally adjusted unemployment rate for Miami-Dade County (taking seasonal fluctuations in the labor force into consideration) was 3.1 percent, which is 0.4 percentage point lower than in October 2018.

October 2019
Unemployment Rate
(Not Seasonally Adjusted)
October 2018 to

 October 2019
Unemployment Rate Change
(Not Seasonally Adjusted)

Miami-Dade County2.9%-0.7%
Palm Beach County3.0%-0.4%
Broward County2.8%-0.3%
Florida2.9%-0.4%
United States3.3%-0.2%

From the data and analysis above, we see continued improvement in the local economy. Nevertheless, the community needs to remain focused on job-creation projects in targeted industries. These industries have been identified as the Miami-Dade County industries most able to create additional well-paying job opportunities, leading to an improved quality of life for Miami-Dade County residents. The Miami-Dade Beacon Council continues to aggressively work on attracting new companies to our community and work on the expansion and retention of existing business. For more information, visit www.beaconcouncil.com.

The job creation numbers are derived from the U.S. Bureau of Labor Statistics Current Employment Statistics Program (CES), and only account for non-farm payroll jobs. However, the unemployment rates are derived from the U.S. Bureau of Labor Statistics Local Area Unemployment Statistics Program (LAUS), which includes farm payroll jobs as well as self-employed workers.

In addition, the federal government typically conducts interviews in sample households to determine the unemployment rate. Miami-Dade County is one of six metropolitan areas in the United States that uses a different method solely based on a statistical model derived from several data sets.

September 2019 Employment Report

The numbers analyzed

In September 2019, Miami-Dade County area was the second largest metro area in year-over-the-year job gains in Florida, following the Orlando-Kissi­­mmee-Sanford area. The County created 29,100 new nonagricultural payroll jobs (not seasonally adjusted), from September 2018 to September 2019 which was a 2.4 percent increase. The highest job creation occurred in Education & Health Services (11,100), with most jobs created in the healthcare industry. Job creation also occurred in Professional & Business Services (7,200), Construction (3,900), Transportation, Warehousing & Utilities (3,600), Wholesale Trade (2,100), Leisure and Hospitality (2,200), Other Services (1,600), and Total Government (900). The graph below shows the payroll data since October 2017.

SectorSeptember 2018- September 2019August 2019 – September 2019
Education & Health Services+11,100 (+5.9%)+1,800 (+0.9%)
Professional & Business Services+7,200 (+4.0%)0 (0.0%)
Construction+3,900 (+7.4%)+2,100 (+3.9%)
Transportation, Warehousing, & Utilities+3,600 (+4.7%)-600 (-0.7%)
Wholesale Trade+2,100 (+2.9%)+1,300 (+1.7%)
Leisure and Hospitality+2,200 (+1.5%)-900 (-0.6%)
Other Services+1,600 (+3.1%)0 (0.0%)
Total Government+900 (+0.6%)+500 (+0.3%)
Information-200 (-1.0%)0 (0.0%)
Manufacturing-600 (-1.4%)-700 (-1.7%)
Financial Activities-1,300 (-1.6%)-1,000 (-1.2%)
Retail Trade-1,600 (-1.1%)-1,200 (-0.8%)

The not-seasonally adjusted unemployment rate for Miami-Dade County was 3.1 percent in September 2019. Compared to last year September there was a 0.7 percentage point decrease from the unemployment rate at 3.8 percent. Compared to August 2019 there was a 0.4 percentage point decrease from the unemployment rate at 3.5 percent. Below the graph compares the unemployment rate for Miami-Dade County with that of the United States since October 2017. It shows that Miami-Dade County was tracking the unemployment rate of the United States at a slightly higher rate until November 2018. For the last eleven months the United States had a higher unemployment rate than Miami-Dade County.

In September 2019, the seasonally adjusted unemployment rate for Miami-Dade County (taking seasonal fluctuations in the labor force into consideration) was 3.2 percent, which is 0.4 percentage point lower than in September 2018.

 September 2019
Unemployment Rate
(Not Seasonally Adjusted)
September 2018 to September 2019
Unemployment Rate Change
(Not Seasonally Adjusted)
Miami-Dade County3.1%-0.7%
Palm Beach County3.2%-0.2%
Broward County2.8%-0.3%
Florida3.0%-0.3%
United States3.3%-0.3%

From the data and analysis above, we see continued improvement in the local economy. Nevertheless, the community needs to remain focused on job-creation projects in targeted industries. These industries have been identified as the Miami-Dade County industries most able to create additional well-paying job opportunities, leading to an improved quality of life for Miami-Dade County residents. The Miami-Dade Beacon Council continues to aggressively work on attracting new companies to our community and work on the expansion and retention of existing business. For more information, visit www.beaconcouncil.com.

The job creation numbers are derived from the U.S. Bureau of Labor Statistics Current Employment Statistics Program (CES), and only account for non-farm payroll jobs. However, the unemployment rates are derived from the U.S. Bureau of Labor Statistics Local Area Unemployment Statistics Program (LAUS), which includes farm payroll jobs as well as self-employed workers.

In addition, the federal government typically conducts interviews in sample households to determine the unemployment rate. Miami-Dade County is one of six metropolitan areas in the United States that uses a different method solely based on a statistical model derived from several data sets.

August 2019 Employment Report

The numbers analyzed

In August 2019, Miami-Dade County area was the second largest metro area in year-over-the-year job gains in Florida, following the Orlando-Kissi­­mmee-Sanford area. The County created 28,500 new nonagricultural payroll jobs (not seasonally adjusted), from August 2018 to August 2019 which was a 2.4 percent increase. The highest job creation occurred in Education & Health Services (11,100), with most jobs created in the healthcare industry. Job creation also occurred in Professional & Business Services (5,600), Transportation, Warehousing & Utilities (4,800), Construction (2,300), Leisure and Hospitality (2,200), Other Services (1,900), Wholesale Trade (1,100), Manufacturing (400), and Total Government (400). Between July 2019 and August 2019, Total Government added 11,700 new jobs. This is the result of Miami-Dade County Public Schools starting its academic year and therefore rehiring teachers and staff. The graphs below show the payroll data since October 2017.

SectorAugust 2018- August 2019July 2019 – August 2019
Education & Health Services+11,100 (+6.0%)+2,500 (+1.3%)
Professional & Business Services+5,600 (+3.1%)+1,300 (+0.7%)
Transportation, Warehousing, & Utilities+4,800 (+6.3%)+1,100 (+1.4%)
Construction+2,300 (+4.4%)-300 (-0.5%)
Leisure and Hospitality+2,200 (+1.5%)+500 (+0.3%)
Other Services+1,900 (+3.7%)+500 (+0.9%)
Wholesale Trade+1,100 (+1.5%)-400 (-0.5%)
Manufacturing+400 (+1.0%)-300 (-0.7%)
Total Government+400 (+0.3%)+11,700 (+8.9%)
Information-400 (-2.0%)0 (0.0%)
Retail Trade-400 (-0.3%)-100 (-0.1%)
Financial Activities-500 (-0.6%)0 (0.0%)

The not-seasonally adjusted unemployment rate for Miami-Dade County was 3.5 in August 2019. Compared to last year August there was a 0.5 percentage point decrease from the unemployment rate at 4.0 percent. Compared to July 2019 there was a 0.2 percentage point increase from the unemployment rate at 3.3 percent. Below the graph compares the unemployment rate for Miami-Dade County with that of the United States since October 2017. It shows that Miami-Dade County was tracking the unemployment rate of the United States at a slightly higher rate until November 2018. For the last ten months the United States had a higher unemployment rate than Miami-Dade County.

In August 2019, the seasonally adjusted unemployment rate for Miami-Dade County (taking seasonal fluctuations in the labor force into consideration) was 3.2 percent, which is 0.4 percentage point lower than in August 2018.

August 2019
Unemployment Rate
(Not Seasonally Adjusted)
August 2018 to August 2019
Unemployment Rate Change
(Not Seasonally Adjusted)
Miami-Dade County3.5%-0.5%
Palm Beach County3.7%-0.1%
Broward County3.3%-0.1%
Florida3.5%-0.2%
United States3.8%-0.1%

From the data and analysis above, we see continued improvement in the local economy. Nevertheless, the community needs to remain focused on job-creation projects in targeted industries. These industries have been identified as the Miami-Dade County industries most able to create additional well-paying job opportunities, leading to an improved quality of life for Miami-Dade County residents. The Miami-Dade Beacon Council continues to aggressively work on attracting new companies to our community and work on the expansion and retention of existing business. For more information, visit www.beaconcouncil.com.

The job creation numbers are derived from the U.S. Bureau of Labor Statistics Current Employment Statistics Program (CES), and only account for non-farm payroll jobs. However, the unemployment rates are derived from the U.S. Bureau of Labor Statistics Local Area Unemployment Statistics Program (LAUS), which includes farm payroll jobs as well as self-employed workers.

In addition, the federal government typically conducts interviews in sample households to determine the unemployment rate. Miami-Dade County is one of six metropolitan areas in the United States that uses a different method solely based on a statistical model derived from several data sets.

The Beacon Council Foundation to Host One Community One Goal Report to the Community

Marcelo Claure, CEO of SoftBank Group International, to Keynote

 

WHAT:         

2019 Report to The Community         

The Future Of…Work| Talent| Collaboration| Community

See How Miami-Dade Powers Innovation

** Updated 2019 One Community One Goal data to be shared at event.

OCOG Miami Dade County achievements since 2012:

  • Helped create 171,855 new jobs in Miami-Dade County
  • 67,000 jobs across eight targeted sectors
  • Tech sector jobs have grown by 40 percent, from 8,173 in 2012 to 11,440 in 2018

WHO:           

One Community One Goal, The Beacon Council Foundation & Miami-Dade Beacon Council

Speakers

Keynote Speaker: Marcelo Claure, Chief Executive Officer, SoftBank Group International and Chief Operating Officer, SoftBank Group Corp.

OCOG recently named co-chairs:

  • Sheldon Anderson, Board Member of Grove Bank and Trust
  • Nitin R. Motwani, Managing Principal of Miami Worldcenter

Additional speakers include:

  • Carlos A. Gimenez, Miami-Dade Mayor
  • Alberto M. Carvalho, Superintendent of Miami-Dade Public Schools
  • Penny Shaffer, Florida Blue Market President and Chair of the Miami Dade Beacon Council
  • Rick Beasley, Executive Director of CareerSource Florida
  • Michael Finney, CEO of The Miami-Dade Beacon Council

WHERE:       

Jungle Island, Bayview Salon, 3rd Floor

1111 Parrot Jungle Trail, Miami FL

WHEN:        

Monday, September 16, 2019 at 8:00a.m.

8:00 – 9:30 a.m.        Networking and exhibit area

9:30 – 10:45 a.m.             Program

 

**On-site interviews available with Sheldon Anderson, Nitin R. Motwani and Michael Finney**

RSVP and interview requests: karina@kjdconsults.com / 305-323-8846

ADDITIONAL INFORMATION:

  • Speaker biographies and photos can be found here.
  • Recent OCOG Co-Chair announcement can be found here.
  • List of Miami-Dade Beacon Council Board of Directors can be found here.
  • Official event invitation can be found here.

 

About One Community One Goal

One Community One Goal is a roadmap for Miami-Dade County’s future economic development success.  This initiative provides a collaborative platform that promotes community-wide economic development and prosperity in Miami-Dade County, by driving innovation, leveraging strengths, providing clear thought leadership, and coalescing public and private priorities. One Community One Goal brings together a broad spectrum of Miami-Dade organizations, working to advance the goal of a thriving, inclusive and diverse community.

 

About the Miami‐Dade Beacon Council

Miami‐Dade Beacon Council is the official economic development organization for Miami‐Dade County. Its mission is to increase jobs and investment through marketing Miami as a world class business destination; helping grow local companies; and shaping Miami’s economic future. Since 1985, the organization has assisted more than 1,000 businesses that have created nearly 70,000 direct jobs and added more than $4.7 billion in new capital investments. A professional staff and volunteer community leaders work to promote Miami as a world‐class 21st century community at the forefront of a changing global economy. For more information: www.beaconcouncil.com.

 

About the Beacon Council Economic Development Foundation

The Beacon Council Economic Development Foundation, Inc. is a Florida Not for Profit Corporation created exclusively for charitable and educational purposes:

  • To compile, prepare, and publish statistical data concerning Miami‐Dade County Florida and make such data available to all segments of the community;
  • To lessen the burdens of government;
  • To combat community deterioration; and to do all lawful acts incidental to the accomplishment of said charitable and educational purposes. The sole member of the Foundation is The Miami‐Dade Beacon Council, Inc.

For more information on OCOG and to review the OCOG Strategic Plan, go to https://www.beaconcouncil.com/ocog/the‐plan/

The Miami-Dade Beacon Council Announces Upcoming Transitions, Promotions and New Hires

Dyan Brasington retires as Executive Vice President of Economic Development; James Kohnstamm named successor

(Miami, FL) August 14, 2019 –  The Miami-Dade Beacon Council, the County’s official public-private economic development partnership, announced that Dyan Brasington has officially retired as the organization’s Executive Vice President of Economic Development. James Kohnstamm, formerly Senior Vice President of Economic Development, has been promoted to Executive Vice President and has already transitioned into his new position.

With more than 30 years of experience in economic development, Dyan brought a broad array of skills and depth of knowledge to The Miami-Dade Council including entrepreneurship, public policy advocacy, tech-led economic development and team building.

“During her time at the organization and throughout her entire career, Dyan has done a remarkable job of transforming the economic development model,” said Michael A. Finney, President & CEO, Miami-Dade Beacon Council. “Working in the same industry for so many years, I had known Dyan prior to coming to Miami-Dade and was happy to have the opportunity to work with her to drive investment in this community. We are extremely grateful for all her contributions to this organization and to Miami-Dade, which have positioned us for continued success. She is an incredible professional and individual, and she will be missed.”

James has been with the Miami-Dade Beacon Council for over thirteen years, serving as Senior Vice President since spring of 2016. He has worked with companies large and small, domestic and international, developing specific expertise in the Aviation industry where he has led efforts from expanding flight training capabilities to recruiting global aviation maintenance firms and working to establish an international air show in Miami. In his previous role, he managed over 70 projects which resulted in 6,200 new jobs, $1.5B in new investment, and 5.2M new square feet. Some of James’ successful projects include expansions or relocations for The Boeing Company, I Squared Capital, Starwood Capital, Cosentino, Deloitte, LAN Cargo, Ryder System, Bombardier, NBCUniversal/Telemundo, Univision, and UPS.

In his new role as Executive Vice President for Economic Development, James will lead a team of economic development professionals dedicated to continuing to grow Miami’s economy by supporting the expansion of local businesses and recruiting new innovative investments to Miami-Dade. He will focus on advancing key partnerships across the community and growing The Beacon Council’s forward-thinking, industry-leading economic development team.

The Miami-Dade Beacon Council understands that investing in and developing talent is essential to our success as an organization. Several internal promotions and new additions have also been part of the overall evolution of the team.

  • Christine Johnson, formerly Director of Innovation and Technology, has been promoted to Vice President, Innovation, Economic Development, where she will continue to lead recruitment, retention and expansion efforts for the technology and innovation sectors.
  • Dedicating himself to creating a climate that champions the promotion and growth of the Trade & Logistics industry in Miami-Dade County, Stanley Riguad, formerly Director, International Economic Development/Trade & Logistics has been promoted to Vice President, International Economic Development.
  • Samuel Blatt, former Economic Development Manager for the City of North Miami, joined The Beacon Council earlier this month as Economic Development Director. In his role as Director, Sam will focus on increasing quality jobs and investment throughout the County through business attraction, retention, and expansion efforts.
  • In the office of Budget & Administration, Marco Pharnord has been promoted from Senior Accountant to Director of Finance. With almost four years of close collaboration with the organization’s Chief Financial Officer and EVP, he has been a valuable partner and fully understands the nuances of the organization’s requirements. In his new role he will continue to partner with leadership across departments to ensure the fiscal integrity of the organization.

“We encourage talent development and seek to provide growth opportunities to our internal staff whenever possible, but we are lucky to live in a community with strong talent to draw from as well. We are happy to support the growth of all of these individuals and appreciate that we are a stronger organization and community for having them work to market, grow and shape Miami-Dade,” said Michael A. Finney, President & CEO, Miami-Dade Beacon Council.

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About The Miami-Dade Beacon Council

Miami-Dade Beacon Council is the official economic development organization for Miami-Dade County. Its mission is to increase jobs and investment through marketing Miami as a world class business destination; helping grow local companies; and shaping Miami’s economic future.  Since 1985, the organization has assisted more than 1,000 businesses that have created nearly 70,000 direct jobs and added more than $4.7 billion in new capital investments. A professional staff and volunteer community leaders work to promote Miami as a world-class 21st century community at the forefront of a changing global economy. For more information: www.beaconcouncil.com.

Sheldon T. Anderson and Nitin R. Motwani Named New Co‐Chairs of The Miami-Dade Beacon Council’s One Community One Goal Initiative

First Access Breakfast as Co-Chairs to be held on August 27th

(Miami, FL) August 8, 2019 The Miami‐Dade Beacon Council, the County’s official public‐private economic development partnership, and The Beacon Council Economic Development Foundation are pleased to announce that Sheldon T. Anderson and Nitin R. Motwani will be joining Miami‐Dade Mayor Carlos Gimenez as the new Co-Chairs of the organization’s One Community One Goal initiative. On August 27, 2019 at the OCOG Access Breakfast on Education & Workforce Development, both Nitin and Sheldon will be discussing their vision and plans as new  Co-Chairs of One Community One Goal.

One Community One Goal (OCOG) is a community-wide initiative focused on generating high paying jobs in Miami-Dade. The initiative is guided by a long‐term strategic plan launched in April 2011 which has galvanized a broad spectrum of professionals and organizations working to advance the goal of creating a thriving, inclusive and diverse community.

During their two‐year tenure as Co‐Chairs, Anderson and Motwani will provide leadership and counsel to ensure the expansion and development of seven elements essential to Miami‐Dade’s economy: physical infrastructure and resiliency; entrepreneurship and innovation; education and workforce development; business climate and policy; leadership; economic development marketing; and growth of target industries. Additionally, they will continue to drive support for the five-year, $15 million capital campaign designed to secure additional resources for stimulating the creation of high paying jobs.

From 2012 through 2018, One Community One Goal helped create 171,855 new jobs in Miami-Dade, including 67,000 jobs across eight targeted sectors: aviation, banking and finance, creative design, hospitality and tourism, life sciences and healthcare, technology, and trade and logistics. The most significant growth during that span came in the technology industry, a critical engine for skilled labor growth that is a top priority of The Beacon Council. The tech sector saw the number of new jobs in Miami-Dade grow by 40 percent, from 8,173 in 2012 to 11,440 in 2018.

Mr. Anderson is a respected business and community leader and a strong advocate for economic growth, education and the arts.  He is the retired Chairman and Chief Executive Officer of the Southeast Region of the Northern Trust Company.  He is an active philanthropist and Board member of many south Florida organizations; including Baptist Health South Florida, Miami Dade College Foundation, Institute of Contemporary Art, New World Symphony, Carrollton School of the Sacred Heart and the Orange Bowl Committee.  He is a Board member and past Chair of the Miami-Dade Beacon Council.

“I am pleased to join Mayor Gimenez, and Nitin Motwani in this venture to expand the economic growth of my home town, Miami Dade County.  I appreciate being entrusted with the work that began with so many outstanding community leaders.  We are committed to making a meaningful impact during our tenure,” said Sheldon T. Anderson, Co-Chair of One Community One Goal.

Mr. Motwani is Managing Principal of Miami Worldcenter, the $4 billion, 27-acre real estate development rising in the heart of Downtown Miami. In this role, he is responsible for everything from land acquisition, zoning, and entitlements to financing, joint ventures, and development. Mr. Motwani serves as a board member for the Miami Downtown Development Authority, where he has led efforts to attract hedge funds and financial services firms to Miami over the past six years. He also serves as the advisory board chair of the Master of Real Estate Development + Urbanism program (MRED+U) at the University of Miami.

“As someone who was raised in South Florida before leaving my hometown for college, only to return years later, I’ve seen first-hand how Miami-Dade can be fertile ground for career advancement,” says Mr. Motwani. “Reversing the trend of brain drain and attracting top-quality talent to Miami begins with creating a deep pool of workforce opportunities and ensuring that the companies doing business here have the resources and support they need to grow in place. One Community One Goal has been an effective platform for fueling that growth, and I look forward to building the program alongside Sheldon and Mayor Gimenez.”

“We couldn’t be happier that these two successful business leaders have agreed to be the new Co‐Chairs of One Community One Goal. Our community is experiencing one of the best economic times, with our unemployment rate continuing to decline and our One Community One Goal strategic plan helping drive more than 172,000 new jobs in the past six years,” said Michael A. Finney, President & CEO of the Miami‐ Dade Beacon Council.

“Our most recent co‐chairs—Penny Shaffer and Maria Alonso—did an amazing job, passing on the baton even stronger than they found it. We appreciate all the work they did for OCOG, the foundation and this community. We are confident both Sheldon and Nitin, working with Mayor Gimenez and the rest of OCOG leadership, will continue this momentum to ensure the success of One Community One Goal.”

The new Co‐Chairs will succeed Penny Shaffer, Florida Blue Market President and Chair of the Miami‐Dade Beacon Council, and Maria Alonso, CEO at United Way of Miami‐Dade.

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About One Community One Goal (OCOG)

One Community One Goal is a roadmap for Miami-Dade County’s future economic development success.  This initiative provides a collaborative platform that promotes community-wide economic development and prosperity in Miami-Dade County, by driving innovation, leveraging strengths, providing clear thought leadership, and coalescing public and private priorities. One Community One Goal brings together a broad spectrum of Miami-Dade organizations, working to advance the goal of a thriving, inclusive and diverse community.

About The Miami‐Dade Beacon Council

Miami‐Dade Beacon Council is the official economic development organization for Miami‐Dade County. Its mission is to increase jobs and investment through marketing Miami as a world class business destination; helping grow local companies; and shaping Miami’s economic future. Since 1985, the

organization has assisted more than 1,000 businesses that have created nearly 70,000 direct jobs and added more than $4.7 billion in new capital investments. A professional staff and volunteer community leaders work to promote Miami as a world‐class 21st century community at the forefront of a changing global economy. For more information: www.beaconcouncil.com.

About the Beacon Council Economic Development Foundation

The Beacon Council Economic Development Foundation, Inc. is a Florida Not For Profit Corporation created exclusively for charitable and educational purposes:

  • To compile, prepare, and publish statistical data concerning Miami‐Dade County Florida and make such data available to all segments of the community;
  • To lessen the burdens of government;
  • To combat community deterioration; and to do all lawful acts incidental to the accomplishment of said charitable and educational purposes. The sole member of the Foundation is The Miami‐Dade Beacon Council, Inc.

For more information on OCOG and to review the OCOG Strategic Plan, go to https://www.beaconcouncil.com/ocog/the‐plan/