Miami-Dade sets jobs records galore

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Written by on March 26, 2019

Miami-Dade sets jobs records galore

As Florida’s jobless rate rose in February for the second straight month, Miami-Dade shrank unemployment to its lowest rate ever with total persons on the job an all-time high, chalking up multiple records.

Miami-Dade unemployment fell to 3.2% from 3.9% in January, US Bureau of Labor Statistics figures show. The state’s Department of Economic Opportunity cited 3.5% jobless in Florida as a whole, up from 3.4% in January.

Miami-Dade added 4,633 jobs in the month and 57,959 in 12 months to reach 1,393,517 – most ever, according to the federal statistics.

Four clusters in February recorded their most jobs ever in Miami-Dade:

■Professional and business services hit 183,500 persons working, up 4.2% in a year. That was a gain of 1,100 jobs from January, which had tallied the previous high.

■Other services, a catch-all, hit 54,300 jobs in February, up 1,700 from January, which set the prior high, and rose 5.4% in 12 months.

■Leisure and hospitality gained 2,400 jobs in 12 months to 146,000, a 1.7% annual gain.

■The education and health sectors combined to add 5,300 jobs in the year to a new high of 192,700, up 2.9%.

Booming construction led the county’s annual job percentage gain, up 6.6% in total employed to 53,300 in February but below the 54,000 high mark set in November.

The county’s largest single employment category, trade, transportation and utilities, added 1.6% to jobs in 12 months to 301,900, up 4,800 jobs for the year.

Government jobs rose 0.9% in the year to 144,900.

But during the general hiring gains three jobs categories fell over the 12 months in Miami-Dade: manufacturing jobs fell 1.5% to 40,200, information jobs dipped a half percent to 20,100, and financial activity dropped six-tenths of a point to 80,600.

Florida and Miami-Dade both remained below the national unemployment rate of 3.8%, which was down from 4% in January.

https://www.miamitodaynews.com/2019/03/26/miami-dade-sets-jobs-records-galore/

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