The numbers analyzed.
In February 2021, the not seasonally adjusted unemployment rate in Miami-Dade County was 7.9 percent. From January 2021 to February 2021, there was an increase of 6,500 nonagricultural payroll jobs, which is a 0.6 percentage point increase. The County had a reduction of 110,400 nonagricultural payroll jobs (not seasonally adjusted), from February 2020 to February 2021 which was an 8.9 percentage point decrease.
Non-agricultural Payroll Jobs.
Due to the impact of COVID-19, there continues to be a sharp decline in non-agricultural payroll jobs throughout most industries when comparing year over year (January 2020 with January 2021). This is particularly true when comparing the three months leading up to the COVID-19 crisis to the first two months of 2021. Year over year, every sector saw a decrease in the number of non-agricultural payroll jobs. The graph below shows the payroll data since November 2018.
From February 2020 to February 2021 there was a reduction of 110,400 non-agricultural payroll jobs. From January 2021 to February 2021 there was an increase of 6,500 non-agricultural payroll jobs.
Get the complete report from the Miami-Dade Beacon Council Website: https://www.beaconcouncil.com/february-2021-employment-report/
