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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 2014 4th Quarter report shows:
- Total nonfarm employment added 35,100 jobs, up 3.3 percent from the 4th Quarter in 2013 after seasonal adjustment. Private employment was up 36,100 positions year-over-year (+3.9%), led by professional and business services, retail , other service jobs, education and healthcare, and leisure and hospitality and construction.
- Household employment grew by more than 35,000 jobs after seasonal adjustment while the adjusted labor force expanded by more 25,000 positions.
- The unemployment rate over the 4th quarter declined 30 basis points from the 3rd quarter to 6.5%. One year earlier the rate stood at 7.4%.
- See the latest data in the August 2014 Labor Market Snapshot
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