MIAMI, Fla. — Governor Rick Scott announced that the Miami area added 14,200 new private-sector jobs in the past year, the fourth-highest number of jobs among all Florida metro areas. The unemployment rate in Miami remained a low 4 percent in May down 0.7 percentage point from a year ago. Statewide, Florida businesses created 19,000 new jobs in May bringing the total number of new private-sector jobs created in Florida to more than 1.5 million since December 2010.
To see the statewide job creation information, click HERE.
The industries with the highest growth over the year in the Miami area were manufacturing with 7,200 new jobs and construction with 6,300 new jobs. The area continued to rank third among the state’s metro areas in job demand with 30,522 openings in May, and once again offered the third-highest number of high-skill, high-wage STEM jobs with 7,189 online ads.
As of May, Florida’s unemployment rate dropped to 3.8 percent, a drop of 7.0 percentage points since December 2010; this drop is faster than the national decline of 5.5 percentage points. In the past year, 124,000 people entered Florida’s labor force, a growth of 1.2 percent, which is greater than the national labor force growth rate of 1.1 percent.
To view the May 2018 employment data visit www.floridajobs.org/labor-market-information/labor-market-information-press-releases/monthly-press-releases.