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Florida

Miami-Fort Lauderdale-West Palm Beach, FL Metropolitan Area Employment Analysis

( Data Date : March 2017 )

Florida Employment Data

Located in the southeastern tip of the United States, the Sunshine State is highly dependent on tourism to keep its economy afloat. It also relies on agriculture, aerospace industry, banking and biotech.

 

State/Metropolitan Employment Data:

Miami-Fort Lauderdale-West Palm Beach, FL Metropolitan Area Unemployment Rate Trends (% change)


  • The unemployment rate in the Miami-Fort Lauderdale-West Palm Beach, FL Metropolitan Area, metro area was 4.8% in February 2017, 0.3% lower than last month, and lower by 0% from a year ago.

  • Compared to national and state unemployment rates, the Miami-Fort Lauderdale-West Palm Beach, FL Metropolitan Area, metro area unemployment rate in February 2017 was higher by 0.3% than the U.S. rate of 4.5%, and higher by 0.5% than the Florida state unemployment rate of 4.3%.

  • Total employment in the Miami-Fort Lauderdale-West Palm Beach, FL Metropolitan Area, metro area increased by 4.9% (26240 more persons employed) over the past quarter, and increased by 4.8% ( 6358571 less ) over the past year.

  • The Miami-Fort Lauderdale-West Palm Beach, FL Metropolitan Area, metro area has an employable civilian labor force (employed + unemployed persons age 16 and older) of 3,106,770 persons.

  • The Miami-Fort Lauderdale-West Palm Beach, FL Metropolitan Area, metro area labor force shrunk by 1.3% (32533 persons) over the past quarter, and shrunk by 2.7% (35477 persons) over the past year.

  • Current Rate
    Last Year
    Last QTR
    Last Month
    Difference Since Last Quarter
    4.8%
    + 4.8%
    + 4.9%
    + 5.1%
    + 26240


    %95.20 of the Total Labor Force is Employed.


    Employment information is based on data provided by the U.S. Bureau of Labor Statistics (BLS).

    Graphs and charts are based on monthly data from 2000 to present (BLS reports monthly data a month to six weeks after the close of each month).

    The data MuniNet Guide uses and presents is seasonally adjusted.