Miami Area Added Over 107,000 Jobs In Just One Month
September 2018 was the strongest month for job growth in the Miami area since at least 2013, according to the U.S. Bureau of Labor Statistics.
Miami-Fort Lauderdale-West Palm Beach added 107,700 jobs, bringing total nonfarm employment to 2,672,300 – a 4.2 percent increase over the prior year (the numbers were skewed by Hurricane Irma the year before).
The growth rate is 2.5 times the national rate of 1.7 percent, and the second highest among the top U.S. metro areas. Only Houston had a higher percentage increase.
Miami has had gains in employment every single month for over eight years, since August 2010. The only exception was September 2017, when Hurricane Irma impacted the city.
During September, the biggest growth sectors for jobs were construction (up 18.3 percent), Leisure and hospitality (up 6.5 percent), Professional and business services (up 4.4 percent) and Trade, transportation, and utilities (up 2.9 percent). Government was the only sector that lost jobs (down 0.9 percent).