Miami-Dade unemployment rate dropped to 12.0% from 13.1%
According to a recent article published by the South Florida Business Journal, January 2011 unemployment rate for Miami-Dade county reached 12.0%. This represents a drop of 1.1% from the 13.1% reached last December 2010, but still higher than the 10.9% we had last January 2010.
Keep in mind that while a lower unemployment rate not necessarily translates into job creation (at least in the short term), a lower print of the unemployment number is encouraging for those betting that the economy is on a path to recovery.
For more information or if you have any questions or comments, please send me an e-mail to: michael@miamiflorida.com or text or call me at my mobile number 305.450.0036
