Department of Numbers

Miami-Fort Lauderdale-West Palm Beach, Florida Unemployment

The BLS reported that the unemployment rate for Miami fell 0.0 percentage points in January 2023 to 2.2%. For the same month, the metro unemployment rate was 0.4 percentage points lower than the Florida rate. The unemployment rate in Miami peaked in July 2020 at 14.2% and is now 12.0 percentage points lower. From a post peak low of 2.2% in December 2022, the unemployment rate has now grown by 0.0 percentage points. You can also compare Miami unemployment with unemployment in other cities.

Unemployment Rate January 2023 Month/Month Year/Year
National 3.4% -0.1 -0.6
Florida 2.6% -0.1 -0.9
Miami 2.2% 0.0 -1.4
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with January 2023 data as February 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 July 2020 at 425,515. There are now 355,508 fewer people unemployed in the metropolitan area. Miami employment and jobs data (including jobs lost/gained in Miami, Florida) is also available.

Unemployed Persons January 2023 Month/Month Year/Year
Miami 70,007 -273 -41,088

Number of Unemployed Persons

Miami, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Miami
Unemployment Rate
Miami
Unemployed
February
2023
3.6%
January
2023
3.4% 2.6% 2.2% 70,007
December
2022
3.5% 2.7% 2.2% 70,280
November
2022
3.6% 2.7% 2.3% 71,493
October
2022
3.7% 2.7% 2.3% 72,380
September
2022
3.5% 2.7% 2.3% 74,029
August
2022
3.7% 2.7% 2.5% 77,370
July
2022
3.5% 2.7% 2.6% 81,486
June
2022
3.6% 2.8% 2.7% 86,216
May
2022
3.6% 2.9% 2.9% 90,797
April
2022
3.6% 3.0% 3.0% 95,458
March
2022
3.6% 3.1% 3.2% 100,294

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.