MIAMI – In what could be considered relatively good news, the unemployment rate in the South Florida Workforce Region (Miami-Dade and Monroe Counties) was 3.7 percent in November 2007, up 0.2 percentage points from the same time last year, but lower than the state’s rate. Out of a labor force of 1,255,750, there were 46,419 unemployed residents.
Unemployment rates in November 2007, in the two counties that comprise the South Florida Workforce Region were 3.7 percent in Miami-Dade County and 3.0 percent in Monroe County. The unemployment rate in Miami-Dade County was up 0.2 percentage points over the year while Monroe County’s rate was up by 0.6 percentage points.
“We need to do more, said Rick Beasley, Executive Director of the South Florida Workforce Investment Board. “Although we have developed an operating framework throughout our 11 Career Centers that deliver valued-added employment and training services to the residents of Miami-Dade and Monroe counties, more collaborative relationships with our economic development partners will definitely help us get there”
More broadly, in November 2007, nonagricultural employment in the Miami-Miami Beach-Kendall metro division was 1,076,300. Total nonagricultural employment grew by 11,900 jobs, or 1.1 percent, over the year, equal to the state’s growth rate.
The metro division’s job gains were in: education and health services (+3,800 jobs); government (+3,700 jobs); trade, transportation, and utilities (+3,600 jobs); financial activities (+2,000 jobs); professional and business services (+1,400 jobs); and other services (+500 jobs).
Industries that lost jobs over the year were: natural resources, mining, and construction (-1,900 jobs); manufacturing (-700 jobs); information (-400 jobs); and leisure and hospitality (-100 jobs).
