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 February 2018 to 4.2%. For the same month, the metro unemployment rate was 0.3 percentage points higher than the Florida rate. The unemployment rate in Miami peaked in January 2010 at 11.2% and is now 7.0 percentage points lower. From a post peak low of 3.8% in September 2017, the unemployment rate has now grown by 0.4 percentage points. You can also compare Miami unemployment with unemployment in other cities.

Unemployment Rate February 2018 Month/Month Year/Year
National 4.1% 0.0 -0.6
Florida 3.9% 0.0 -0.6
Miami 4.2% 0.0 -0.8
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2018 data as March 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 309,916. There are now 176,640 fewer people unemployed in the metropolitan area. From a recent trough of 121,291 in September 2017, the number of unemployed has now grown by 11,985. Miami employment and jobs data (including jobs lost/gained in Miami, Florida) is also available.

Unemployed Persons February 2018 Month/Month Year/Year
Miami 133,276 +898 -24,034

Number of Unemployed Persons

Miami, Florida Unemployment History

Date National
Unemployment Rate
Florida
Unemployment Rate
Miami
Unemployment Rate
Miami
Unemployed
March
2018
4.1%
February
2018
4.1% 3.9% 4.2% 133,276
January
2018
4.1% 3.9% 4.2% 132,378
December
2017
4.1% 3.9% 4.1% 130,048
November
2017
4.1% 3.9% 4.2% 131,060
October
2017
4.1% 3.9% 3.9% 121,676
September
2017
4.2% 3.9% 3.8% 121,291
August
2017
4.4% 4.0% 4.1% 128,392
July
2017
4.3% 4.1% 4.2% 131,777
June
2017
4.3% 4.1% 4.3% 136,327
May
2017
4.3% 4.2% 4.4% 139,651
April
2017
4.4% 4.3% 4.7% 148,123

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.