A few months ago we shared that unemployment was on the rise in South Florida considering the rate which was set at 11.4 percent in May jumped to 11.8 percent in June. It decreased some for the month of July settling around 11.3 percent, which may be a result from the increase in the amount of jobs. South Florida was recently ranked 10th in the nation for adding 25,000 raw jobs according toB data released byB theB U.S. Bureau of Labor Statistics.
The data also stated that South Florida ranks 8th when compared to the other large metro areas throughout the nation. But although the region has a good ranking when it comes to the raw number of jobs and as a large metro area, when it comes to percentage growth South Florida’s 1.35 ranks 47th.
For more information on the South Florida job market continue to check back with us, or visit our website Morris Southeast Group.
Source: South Florida Business Journal
Tags: changing workplace, commercial real estate, Commercial Real Estate Trends, South Florida
