Miami-Dade's Unemployment Rate Falls for Second Month in a Row
Though the unemployment rate at both the national and state levels remains stagnant or sagging, the job market in Miami-Dade continues to make gains. From August 2010 to last month, 13,900 jobs were added in Miami-Dade. However, our seasonally adjusted unemployment rate still sits at 12.2, down slightly from from 13.0 in July. Florida's unemployment rate remained unchanged from last month at 10.7 percent.
The local job growth continues a trend from last month. The unemployment rate had dropped 1.4 percent between June and July this year.
That 12.2 percent mark is the lowest unemployment rate in Miami-Dade since last summer, but it's still staggering. It's still considerably higher than both the federal rate (9.1 percent) and state rate (10.7 percent).
Overall in Florida, the biggest gains in employment were in the hospitality and leisure industries. That includes jobs at restaurants and bars. Meanwhile, government and construction lead the state in job losses.
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