Department of Numbers

Miami-Fort Lauderdale-West Palm Beach, Florida Unemployment

The BLS reported that the unemployment rate for Miami rose 0.1 percentage points in October 2018 to 3.2%. For the same month, the metro unemployment rate was 0.2 percentage points lower than the Florida rate. The unemployment rate in Miami peaked in January 2010 at 11.2% and is now 8.0 percentage points lower. From a post peak low of 3.1% in September 2018, the unemployment rate has now grown by 0.1 percentage points. You can also compare Miami unemployment with unemployment in other cities.

Unemployment Rate October 2018 Month/Month Year/Year
National 3.7% 0.0 -0.4
Florida 3.4% -0.1 -0.5
Miami 3.2% +0.1 -0.9
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with October 2018 data as November metro level unemployment data has not yet been released.

Unemployment Rate: Miami, Florida, National

Miami, Florida monthly unemployment rate chart

Note: Recessions shown in gray.

Miami, Florida Unemployed

The number of people unemployed in Miami peaked in January 2010 at 309,577. There are now 210,503 fewer people unemployed in the metropolitan area. From a recent trough of 98,562 in September 2018, the number of unemployed has now grown by 512. Miami employment and jobs data (including jobs lost/gained in Miami, Florida) is also available.

Unemployed Persons October 2018 Month/Month Year/Year
Miami 99,074 +512 -30,635

Number of Unemployed Persons

Miami, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Miami
Unemployment Rate
Miami
Unemployed
November
2018
3.7%
October
2018
3.7% 3.4% 3.2% 99,074
September
2018
3.7% 3.5% 3.1% 98,562
August
2018
3.9% 3.7% 3.5% 111,006
July
2018
3.9% 3.7% 3.7% 117,540
June
2018
4.0% 3.8% 3.7% 118,262
May
2018
3.8% 3.8% 3.8% 119,008
April
2018
3.9% 3.9% 4.0% 127,175
March
2018
4.1% 3.9% 4.3% 134,789
February
2018
4.1% 3.9% 4.2% 133,994
January
2018
4.1% 3.9% 4.3% 133,801
December
2017
4.1% 3.9% 4.2% 131,105

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.