Tags: miami | unemployment | record | cities | jobs

Miami Unemployment Hits Record Even as Some Cities Recover

Miami Unemployment Hits Record Even as Some Cities Recover
(G0d4ather/Dreamstime)

Friday, 21 August 2020 04:40 PM EDT

The Miami area just posted its highest unemployment rate on record at 13.9% as the COVID-19 pandemic walloped the tourism-dependent economy.

Although employment has been recovering in some U.S. major metropolitan areas, Miami’s jobless rate continued its upward trajectory last month.

Last month, 188,849 persons in the Miami-Miami Beach-Kendall area were unemployed, up from just 35,504 in July 2019, unadjusted data from the U.S. Bureau of Labor Statistics showed Friday.

Florida was among a number of Sun Belt states, that include Arizona and part of California, that experienced a sharp resurgence of coronavirus cases in June and July.

Although cases have slowed in recent weeks, indoor dining is still banned at Miami-Dade restaurants. Bowling alleys and movie theaters remain shuttered, and the local school district is starting the year with remote learning.

© Copyright 2024 Bloomberg News. All rights reserved.


Economy
The Miami area just posted its highest unemployment rate on record at 13.9% as the COVID-19 pandemic walloped the tourism-dependent economy.
miami, unemployment, record, cities, jobs
132
2020-40-21
Friday, 21 August 2020 04:40 PM
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