News

Miami-Dade Added Nearly 19,000 Jobs in April as Unemployment Rate Dipped to 5 percent

Media Contact: Maria Camacho mcamacho@beaconcouncil.com (305) 579-1341 (Miami) Miami-Dade added 18,700 new payroll jobs in the past year and unemployment decreased to 5 percent in April, from 5.4 percent the previous month, according to statistics released Friday. “We’re encouraged as we continue to see year-over-year job growth across sectors,” said Jaap Donath, Ph.D., Senior Vice President, […]

More than 23,000 Miami-Dade Payroll Jobs added from March 2016 to 2017

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.

Miami-Dade Leads the State in Annual Job Growth in Education and Health Services

March 14, 2017 Miami-Dade County had the highest annual job growth in education and health services (8,100 jobs) compared to other metro areas in Florida from January 2016 to January 2017, according to statistics released March 10. “Education and health services provide above-average paying wages,” said Jaap Donath, Ph.D., Senior Vice President, Research & Strategic […]

Gov. Scott Announces Cosentino to Relocate Americas Headquarters from Texas to Florida

March 15, 2017 Gov. Scott Announces Cosentino to Relocate Americas Headquarters from Texas to Florida   CORAL GABLES, Fla. – Today, Governor Rick Scott announced Cosentino, a global leader in natural stone, quartz, and recycled surfacing, is relocating its Americas Headquarters from Sugarland, Texas to Coral Gables. The relocation will create 85 new jobs and […]

The Miami-Dade Beacon Council "Unlocks New Worlds of Business Opportunity"

March 7, 2017   During annual presentation of “Keys to the County” by Miami-Dade Mayor Carlos A. Gimenez,  Presented by TD Bank   (Miami, FL – March 7, 2017) – It’s a night to honor the growth of commerce and the entrepreneurial spirit of Miami-Dade County. The 2017 Key Ceremony is the event of the […]

Miami: A new haven for young professionals

BY LARRY K. WILLIAMS beaconcouncil.com Miami is winning the brain gain race. A recent study supported by the Knight Foundation listed Miami as one of the top areas in the nation attracting young professionals. Miami’s share of educated millennials increased by almost 25 percent in the last 10 years, including a jump of 118 percent […]

Beacon Council outlines plans for local job development

BY NICHOLAS NEHAMAS nnehamas@miamiherald.com   Miami-Dade County must keep diversifying its economy in order to protect against another recession, local community leaders said at an annual Beacon Council meeting on Wednesday. The Beacon Council, Miami-Dade’s economic development agency, announced plans to launch an online career portal for job-seekers and employers in seven key industries at […]

Op-ed: Skills Gap Highlights Challenges, Opportunities for Miami

Workforce initiatives focus on creating and filling middle-skills jobs. By Chauncy Lennon and Larry K. Williams When the global economy sputtered and seized in the recession of 2008-2010, Florida’s Miami-Dade County region was hit hard. Today, the economy has vastly improved with the unemployment rate close to pre-recession levels. It’s a good time to evaluate and address our […]

South Florida has what Amazon values — we embrace change, innovation, reinvention

Amazon CEO Jeff Bezos begins a recent letter to the shareholders with this question. His answer is simple: “Day 2 is stasis. Followed by irrelevance. Followed by excruciating, painful decline. Followed by death. And that is why it is always Day 1.”

Meet the gatekeepers to South Florida’s Amazon HQ2 bid

Amazon’s search for a second headquarters may be shrouded in secrecy. But in South Florida, three power brokers have a direct line to the e-commerce giant as they make their pitch to host HQ2.

Cover Story: How Miami compares to other possible Amazon HQ2 cities

John Schoettler, Amazon’s head of real estate, gave a few hints about what the company wants from its new headquarters city.
“We look forward to cities that are … progressive and are thinking forward and long term, in terms of affordable housing and mass transportation and being able to move people around,” he said.

4 Tips to Optimize Your Launch in a New Market

It’s been my personal experience that entering a new market is a great ordeal. It’s time-consuming, financially daunting and worst of all, it comes with unforeseeable complications. From misjudging cultural biases to incorrectly pricing a product or service by not efficiently studying the new region, keeping these steps in mind should ease the entire process — especially for first-time entrepreneurs.

How do you woo a new Amazon headquarters to the area? It’s all in the numbers

The 238 communities vying to be home to Amazon’s second headquarters are seeking a once-in-a-lifetime opportunity. Creating up to 50,000 new jobs, paying $100,000 average salaries, Amazon’s HQ2, as it’s called, promises an economic burst that could fundamentally change the region’s business landscape.

Why Miami could still be a winner even if it loses the Amazon headquarters

Miami was always seen as an underdog for Amazon’s headquarters, given its thin roster of heavy corporate hitters, lack of a tech-savvy workforce and low marks on certain urban perks, like a vibrant transit system.

Hey there, Amazon, Miami’s where you need to be!

Amazon has made clear what it wants for HQ2: a business-friendly environment, a highly trained technical workforce, financial incentives and transportation infrastructure. How do we stack up?

Meet the 2018 South Florida Power Leaders

This year, as in years past, the list of South Florida Power Leaders reflects a dynamic regional marketplace. Of the 153 executives on our list, 57 were not on last year’s list. Newcomers represent such sectors as construction, travel and tourism, regional business development and even pet supplies, which saw home-grown Chewy.com acquired for a rumored $3.35 billion last year.

Amazon’s HQ2 And The Sunshine Economy

Bob Swindell learned that South Florida made Amazon’s shortlist for its second corporate headquarters like a lot of people – – from a news alert on his phone.

A NEW MISSION 2018 brings opportunity for Miami’s small businesses

A new year gives Black small businesses the opportunity for growth and new connections. With new programs in Miami launching and existing programs amping up their engagement, Black small businesses can use these resources to make this year better than the last.

Light the Night: The 17th Annual Beacon Awards Celebrate Miami’s Dynamic Innovation & Growth

2019 Beacon Award Recipients Announced (Miami, FL – June 14, 2019) – The Beacon Council Economic Development Foundation, Inc., a 501(C)(3) tax-exempt, not-for-profit organization, is pleased to announce the 2019 Beacon Award Honorees, including the Jay Malina Leadership Honoree. A celebration of the dynamic innovation powering Miami’s growth, Light the Night: The 17th Annual Beacon Awards, […]

27,800 jobs were created in Miami-Dade over the last year while unemployment continues to stay low

April Employment Report Presented by CareerSource The numbers analyzed In April 2019, Miami-Dade County area was the second largest metro area in year-over-year job gains in Florida, following the Orlando-Kissi­­mmee-Sanford area. The County created 27,800 new non-agricultural payroll jobs (not seasonally adjusted), from April 2018 to April 2019, which was a 2.3 percent increase. The […]

Miami-Dade County Created Over 26,300 Jobs in the Last Year

February Employment Report Presented by CareerSource South Florida The numbers analyzed In February 2019, Miami MSA area was the second largest metro area in year-over-the-year job gains in Florida, following Orlando-Kissimmee-Sanford area. The County created 26,300 new nonagricultural payroll jobs (not seasonally adjusted), from February 2018 to February 2019 which was a 2.2 percent increase. […]

Job Growth Continues To Be One of The Strongest in The State at 3.9%

January Employment Report Presented by CareerSource South Florida The numbers analyzed In January 2019, Miami MSA area was the second largest metro area in year-over-the-year job gains in Florida, following Orlando-Kissimmee-Sanford area. The County created 30,000 new nonagricultural payroll jobs (not seasonally adjusted), from January 2018 to January 2019 which was a 2.5 percent increase. […]

The Miami-Dade Beacon Council Launches Miami Community Ventures (MCV) Program

(Miami, FL) February 28, 2019 –  The Miami-Dade Beacon Council, the County’s official public-private economic development partnership, is pleased to announce Miami Community Ventures (MCV). This One Community One Goal initiative is designed to connect low-income, structurally unemployed individuals to living wage jobs while diversifying and strengthening our economy. The program targets individuals who need […]

Capital Bank Names Roberto R. Muñoz Miami Market President

Distinguished Banking, Civic and Community Leader Brings Global Impact to New Position MIAMI, Fla. (February 6, 2019) – Capital Bank, a member of the First Horizon National Corp. (NYSE:FHN) family of companies, announced Roberto R. Muñoz has been named market president of Miami and commercial bank and wealth executive. The well-known banking, civic and community […]

The Miami-Dade Beacon Council and Publishing Partner HCP Media Launch Advantage Miami 2019

MIAMI, FL., January 11, 2019 – The Miami-Dade Beacon Council, together with custom media company HCP Media, proudly unveil the 2019 edition of Advantage Miami, the County’s official business location guide. This “go-to” resource provides business owners, site selectors and talent looking to relocate with key information on Miami-Dade County’s business advantages, including its growing tech ecosystem, […]

The Miami-Dade Beacon Council Reaccredited by the International Economic Development Council

MDBC Represents Top 1% of Accredited Economic Development Organizations Globally Miami, FL) January 10, 2018 –  The Miami-Dade Beacon Council, the County’s official public-private economic development partnership has been recognized as one of 62 economic development organizations to be designated by the International Economic Development Council (IEDC) as an Accredited Economic Development Organization (AEDO). The […]

The Miami-Dade Beacon Council Announces Multiple Promotions and New Hires

Maria Budet and Diana Londono Join the Economic Development Organization (Miami, FL) January 10, 2018 –  The Miami-Dade Beacon Council, the County’s official public-private economic development partnership is pleased to announce Maria Budet and Diana Londono have recently joined the organization. Maria was hired as the Vice President of Marketing and Communications and Diana was […]

Miami-Dade’s Unemployment Rate Continues its downward trend at 3.2%, the lowest since November 2007

DECEMBER EMPLOYMENT REPORT Presented by CareerSource   The numbers analyzed In November 2018, Miami-Dade County area was the second largest metro area in year-over-the-year job gains in Florida, following Orlando-Kissimmee-Sanford area. The County created 24,200 new nonagricultural payroll jobs (not seasonally adjusted), from November 2017 to November 2018 which was a 2.0 percent increase. The […]

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