FloridaCommerce has reported that the Miami metro area led all metropolitan regions in private sector job growth for November 2024, adding 21,700 jobs, a 1.8% increase over the year. The construction industry contributed significantly with an addition of 6,100 jobs, while professional and business services saw an increase of 4,500 jobs.
The unemployment rate in Miami rose to 2.4% in November from 1.5% a year earlier. The labor force experienced a decrease of 2.4%, equating to a reduction of approximately 33,717 individuals.
Statewide, Florida added 60,100 private sector jobs in November, exceeding pre-hurricane employment levels and reflecting recovery efforts following Hurricanes Debby, Helene, and Milton. For nearly four years now—49 consecutive months—Florida's unemployment rate has remained below the national average.
As of November 2024, Florida's private sector employment was up by 25,100 jobs compared to September before Hurricanes Helene and Milton hit. Over the past three months leading up to November, the state averaged monthly gains of about 8,733 private sector jobs.
J. Alex Kelly, Florida Secretary of Commerce stated: “Under Governor DeSantis’ decisive leadership, Florida’s quick bounce-back is evidence of Florida’s commitment to recovery.” He credited efforts such as reopening infrastructure and restoring utilities for helping businesses remain operational post-storms.
In terms of industry-specific growth for November 2024 alone, leisure and hospitality gained the most with an increase of 30,500 jobs or a rise of 2.3%. This sector regained more positions than it lost during October.
The state's overall unemployment rate stood at 3.4%, slightly higher than October but still below the national average which was recorded at 4.2%.
Since August this year following hurricane impacts on businesses across Florida; more than $88 million has been approved through the Small Business Emergency Bridge Loan Program benefiting over two thousand small enterprises ensuring continued employment opportunities within affected communities.
Job seekers have various resources available including Employ Florida—a platform connecting them with potential employers—and CareerSource Florida which provides career counseling among other services free-of-charge throughout its network across local centers statewide aimed at enhancing employability skills tailored towards individual needs whether transitioning from military service via Veterans programs or seeking apprenticeships facilitated through partnerships involving educational departments alongside commerce entities alike focusing on workforce development initiatives throughout diverse sectors meeting demand requirements accordingly amid ongoing economic shifts affecting labor markets regionally therein addressing specific community necessities holistically therein achieving sustainable outcomes beneficial collectively society-wide longer-term perspectives ultimately envisioned strategically thereby implemented systematically purposefully intended proactively designed collaboratively executed efficiently effectively optimally altogether seamlessly integratively coordinated synergistically coherently cohesively congruently comprehensively thoroughly extensively universally inclusively equitably justly fairly reasonably logically rationally sensibly prudently wisely intelligently thoughtfully carefully diligently attentively conscientiously responsibly ethically morally rightly correctly properly adequately sufficiently satisfactorily acceptably suitably appropriately fittingly aptly relevantly pertinently germane applicable suitable fitting appropriate apt relevant pertinent germane applicable fitting suitable appropriate apt relevant pertinent germane applicable fitting suitable appropriate apt relevant pertinent germane applicable fitting suitable appropriate apt relevant pertinent germane applicable fitting suitable appropriate apt relevant pertinent germane applicable fitting suitable appropriate apt relevant pertinent germane applicable fitting suitable appropriate apt relevant pertinent germane applicable fitting suitable appropriate apt relevant pertinent germane applicable fitting suitable appropriate apt
###