Miami-Dade County Labor Market Reports
The Labor Market Report is a monthly 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, including labor force 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 on our local labor market.
The November 2013 report shows:
- Nonfarm payrolls added 8,900 jobs (+1%) in October from a year ago after seasonal adjustment. The private sector gained 14,530 jobs (+1.6%) while the government sector dropped 5,600 jobs (-4.1%). The biggest gainers included retail trade (+4.7%), leisure and hospitality (+3.6%), financial activities (+2.8%) and professional services (+2.3%).
- The unemployment rate increased 20 basis points from September to October to 8% after seasonal adjustment. The decline in the rate resulted from a +0.1% increase in the labor force and a -0.1% fall in employed residents.
- There were 7,500 initial reemployment assistance claims in October after seasonal adjustment, up 5% from Sept. but down 8% from October of last year.
- There was no October 2013 report due to the Federal government shutdown.
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