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Old 11-17-2018, 09:45 PM
 
Location: Boston
2 posts, read 521 times
Reputation: 10

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Was checking some unemployment rates and was surprised to see Miami-Dade unemployment under 4% for September.

I have a feeling it was just recently double than that. I was looking for new job opportunities in Miami for the last year and number (and quality) of posted jobs wasn't promising.

Is this number realistic? Is the economy really so good in Miami-Dade now?

[url]https://ycharts.com/indicators/miamidade_county_fl_unemployment_rate[/url]
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Old 11-18-2018, 09:30 AM
 
Location: Montreal/Miami/Toronto
982 posts, read 643,317 times
Reputation: 1067
Yup, MDC is essentially at full employment and those numbers are realistic. The U.S economy is doing very well these days and it translates to the most part of major metros doing well as well.
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Old 11-18-2018, 11:00 AM
 
15,601 posts, read 13,579,761 times
Reputation: 21425
Yes, essentially, if you are not working, it is because you do not want to.

But for higher paying, "professional" type jobs, there is a lack of, but that is not unusual, there will always be more of a demand for those than a supply.
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Old 11-18-2018, 12:46 PM
 
Location: Miami, The Magic City
2,913 posts, read 2,028,866 times
Reputation: 1927
I guess you could call that a “sun tax”—people willing to take less money for the same job elsewhere or lesser jobs just to live here.

Quote:
Originally Posted by boxus View Post
Yes, essentially, if you are not working, it is because you do not want to.

But for higher paying, "professional" type jobs, there is a lack of, but that is not unusual, there will always be more of a demand for those than a supply.
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Old 11-18-2018, 04:25 PM
 
Location: Coral Gables / Bonita Springs
1,043 posts, read 527,451 times
Reputation: 645
Quote:
Originally Posted by elchevere View Post
I guess you could call that a “sun tax”—people willing to take less money for the same job elsewhere or lesser jobs just to live here.
Yeah, there's always plenty of jobs in Miami and people willing to take them. So unemployment is low but high paying employment isn't as high as other major cities. Still, its gotten a lot better over the years for sure. Not nearly as hard to find a $75k/year job in Miami like it used to. (its the $150k-$250k jobs that are most difficult in this city)
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