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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.

Miami-Dade Beacon Council Highlights Miami’s Business Accomplishments at the 2018 Annual Meeting & Key Ceremony

Celebrating a record-breaking year with 50 new and expanding companies, 2,000 new direct jobs and $402.7M in new capital investments (Miami, FL) November 15, 2018 –  The Miami-Dade Beacon Council, the County’s official public-private economic development partnership, is pleased to announce this year’s achievements during its 2018 Annual Meeting & Key Ceremony. This year’s signature […]

Leading EdTech Company Relocates Global Headquarters to Miami-Dade Adding over 100 Tech Jobs to the Community

The Miami-Dade Beacon Council, the county’s official public-private economic development partnership, is pleased to announce the opening of Genius Plaza, an innovative, proven EdTech-devised teaching program in Downtown Miami. Genius Plaza’s arrival marks an important milestone in the Miami-Dade community as the company intends to create over 100 new tech jobs and make $1.28M in […]

Miami-Dade’s Unemployment Rates is 3.6%, The Lowest since February 2008 in Recent Employment Report

Miami-Dade County continues to be a good news story. The non-seasonally adjusted unemployment rate for Miami-Dade County was 3.9 percent, which was an 0.8 percentage point lower than in September 2017. It is the lowest unemployment rate from February 2008. The numbers analyzed  In September 2018, Miami-Dade County area was the second largest metro area […]

Miami Community Ventures Program, A One Community One Goal Initiative Receives SunTrust Foundation’s 2018 Lighting the Way Award and $75,000 Grant

Recognized for its philanthropic contributions supporting Miami’s economic development, The Beacon Council Economic Development Foundation was awarded a 2018 Lighting the Way Award and $75,000 grant by the SunTrust Foundation for the launch of their Miami Community Ventures Program, part of the One Community One Goal initiative. The SunTrust Foundation’s Lighting the Way Awards recognizes […]

Miami-Dade Unemployment Rates Continue a Downward Trend in August 2018 Report

Miami-Dade County continues to be a good news story. The non-seasonally adjusted unemployment rate for Miami-Dade County was down to 4.1% in August 2018, 0.2% lower than last month.  Year-over-year there was a 1.0% decrease, as the unemployment rate for August 2017 was 5.1%. Additionally, we have seen a solid uptick in the creation of […]

Miami-Dade’s Economy Remains Healthy as New Jobs

Miami-Dade’s Economy Remains Healthy as New Jobs Continue to be Added  In July 2018, Miami-Dade County area was ranked 3rd for payroll job creation among major metro areas in Florida in over-the-year job gains. The Orlando area and Tampa area were ranked first and second respectively. Miami-Dade County created 24,300 new nonagricultural payroll jobs (not […]

One Community One Goal 2018 Report to the Community-Program

The Miami-Dade Beacon Council, the county’s official public-private economic development partnership, is pleased to announce the recipient of the prestigious 2018 Jay Malina Award is Adolfo Henriques. A respected businessman and community leader and longtime banker in Miami, he currently serves as Vice Chairman of The Related Group and Chairman of the Board of Gibraltar Private Bank & Trust after holding numerous positions at many of Miami’s most recognizable financial institutions.

One Community One Goal Champions Miami-Dade County’s Economy 2018 Report to the Community

The Miami-Dade Beacon Council, the county’s official public-private economic development partnership, is pleased to announce the recipient of the prestigious 2018 Jay Malina Award is Adolfo Henriques. A respected businessman and community leader and longtime banker in Miami, he currently serves as Vice Chairman of The Related Group and Chairman of the Board of Gibraltar Private Bank & Trust after holding numerous positions at many of Miami’s most recognizable financial institutions.

Introducing Business Continuity Initiative for the 2018 Hurricane Season

The Miami-Dade Beacon Council, the county’s official public-private economic development partnership, is pleased to announce the recipient of the prestigious 2018 Jay Malina Award is Adolfo Henriques. A respected businessman and community leader and longtime banker in Miami, he currently serves as Vice Chairman of The Related Group and Chairman of the Board of Gibraltar Private Bank & Trust after holding numerous positions at many of Miami’s most recognizable financial institutions.

November Employment Report: 13,900 jobs were created in Miami-Dade last month while unemployment rate continues to stay low during the holiday season

Miami-Dade County’s economy remains in good standing with the creation of 13,900 nonagricultural payroll jobs reflecting a 1.2% increase since October 2017. According to the November’s U.S Department of Labor report 27,100 jobs have been created since November 2016, a 2.3% increase. Leading the way in job creations are manufacturing, wholesale trade, transportation, warehouse and leisure and hospitality sectors.

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