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Miami-Dade County Labor Market Report
The Labor Market Report is a quarterly publication that identifies current labor market conditions and trends. The reports cover key indicators of the labor market, such as payroll employment by major industry sectors and household labor force participation and unemployment rates.
The reports provide the latest data release from the Federal Bureau of Labor Statistics and the state Agency for Workforce Innovation, along with an analysis of the key factors driving changes of our local labor market and comparisons with other areas.
- Total non-farm payroll employment increased by 30,600 jobs (2.6%) over 2016:Q4 (seasonally adjusted).
- Professional and Business Services led the way adding 4,200 jobs followed by Manufacturing, adding 2,600 jobs.
- Over the same time period Broward County added 21,300 jobs and Palm Beach County added 8,000 non-farm payroll jobs.
- The average weekly wage for a Miami-Dade worker across all industries in 2017:Q4 increased just 0.2% over 2016:Q4 to nearly $815 after adjusting for inflation.
- Household employment in 2017:Q4 increased 41,900 jobs 3.3%) from 2016:Q4, after seasonal adjustment, and the seasonally adjusted labor force increased 31,300 potential workers 2.3%).
- The labor force participation rate in Miami-Dade County averaged 61.9% for the 12 months ending in December, 2017. This is up from 59.7% from the same period in 2016 and 60.8% in 2015.
- 2016: Gross Regional Product and Productivity (2.8 MB)
This issue focuses on measuring 2016 Gross Regional Product and output per worker for Miami-Dade County and major economic sectors using data released December 2017.
- 2015: Gross Regional Product and Productivity (4.5 MB)
This issue focuses on measuring Gross Regional Product and output per worker for Miami-Dade County as of 2015.
- 2013: Employment by Sector
This issue focuses on how the Miami-Dade economy has evolved, comparing May 2007, May 2010 and May 2013, based on employment by sector.
- 2011: Unemployment Increases to a Record High
This issue focuses on the unemployment rate that increased to a record level recently. In addition, a comparison with the corresponding rates of the nation, state and the neighboring South Florida counties, as well as for the municipalities within Miami-Dade County is provided.
- 2009: Unemployment
This issue focuses on the unemployment rate that rapidly increased over the past several months. In addition, it explores this rate over the past 20 years, by demographic characteristics, and by municipality.
- 2008: Employment
What have been the employment trends in Miami-Dade County? Has the local economy been able to provide more jobs and higher levels of employment? What has happened to the unemployment rate? These are some of the questions that are examined in this issue.
Data Flash Reports
- 2017 Revisions to Miami-Dade County Labor Market Data (1.10 MB) This issue looks at the most recent revisions made to the 2012 to 2016 Miami-Dade County labor market data by the U.S. Bureau of Labor Statistics and released this month. These revisions are made annually to reflect more complete data and updates to the parameters of the economic model.
- Employment Growth and Wages in Miami-Dade County (1.15 MB) This report looks at private employment growth by industry and wage from 2010 through 2015 in order to identify the financial quality of private jobs being added to the County economy.
- 2016: Wage and Growth Comparisons for Miami-Dade Industries – 2014-15 This issue compares State of Florida and Miami-Dade County industries in terms of wage levels and growth rates for the period 2014 to 2015.
- 2015: Population Not in the Labor Force
This report explores the Miami-Dade labor force data to explain the observed increase in the share of the working age population leaving the labor force. It concludes that this increase does not result primarily from weakness in the economy but rather from the long-run trend of boomers entering retirement.
- 2015: Miami-Dade County Labor Market (2.52 MB)
This issue provides a brief mid-quarter (August) look at household and payroll labor force data from the Bureau of Labor Statistics.
- 2015: Labor Force, Employment, and Unemployment in Miami-Dade County (1.30 MB)
- 2010: Rising Unemployment in Miami-Dade County
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