Sun Sentinel Palm Beach Edition

Getting back to work

The jobless rate keeps dropping.

- By Marcia Heroux Pounds Staff writer

Unemployme­nt fell below 4 percent in Broward County in August, the first time since the Great Recession sent joblessnes­s soaring to new heights.

Palm Beach County had a 4.4 percent jobless rate while Miami-Dade County was at 4.8 percent in August, much improved from the 5.3 percent and 5.7 percent a year ago, respective­ly, according to Florida’s Department of Economic Opportunit­y.

The August unemployme­nt report continued the trend of “solid payroll growth” and unemployme­nt ticking down, said Sean Snaith, economist for the University of Central Florida in Orlando.

“Let’s savor the report, the next one might not look as good,” he said.

There were likely displaced workers due to early September’s Hurricane Irma, especially in the tourism and real estate industries, Snaith said. Besides the hit to tourism and real estate purchases, “our businesses aren’t able to operate and get resupplied,” he said.

The hurricane, which was widespread in its impact on the state, could affect jobs reports for three to four months. But he said, “Florida will recover.”

Constructi­on jobs will likely flourish as homes and businesses need repairs. Skilled constructi­on workers already are in high demand with new constructi­on taking place throughout South Florida.

But August’s job creation numbers and job losses over the year show how Broward and Palm Beach have been adding more constructi­on projects and workers, while Miami-Dade County has slowed its constructi­on activity. Broward’s constructi­on employment rose by 10.6 percent since August 2016, and Palm Beach’s by 10.1 percent, while Miami-Dade lost constructi­on jobs.

The jobless rate in Broward was 3.9 percent, compared with 4.8 percent in August 2016, the state said Friday. The county added 26,900 jobs, a 3.3 percent increase over the year.

Broward’s largest number of jobs, 5,900 over the year, were added in education and health services. That was followed by 4,700

in constructi­on; 3,900 in business and profession­al services; 3,800 in leisure and hospitalit­y; 2,800 in trade, transporta­tion and utilities; and 2,600 in other services; 2,100 in government; 800 in manufactur­ing; and 300 in financial services. The informatio­n industry was unchanged over the year.

Palm Beach County added 16,997 jobs, an increase of 2.4 percent over the year. The largest number of jobs, 4,300, were added in education and health services. That was followed by 3,700 in leisure and hospitalit­y; 3,500 in constructi­on; 3,100 in business and profession­al services; 1,900 in other services; and 1,400 in government.

The financial activities area lost 1,600 jobs since August 2016; trade, transporta­tion and utilities lost 300 jobs; and informatio­n, 300 jobs. Manufactur­ing was unchanged over the year.

Miami-Dade County added 38,396 jobs, an increase of 2.8 percent over August 2016. The largest number of that county’s jobs added were 7,300 in leisure and hospitalit­y. That was followed by 6,300 in trade, transporta­tion and utilities; 4,200 in education and health services; 3,200 in other services; and 2,100 in government.

The county lost 2,000 jobs over the year in business and profession­al services; 600 in manufactur­ing; 500 in informatio­n; 400 in constructi­on; and 300 in financial activities.

Florida’s seasonally adjusted rate was 4 percent. The non-adjusted rate was 4.2 percent. County numbers are not adjusted for the season.

The national unemployme­nt rate in August was 4.4 percent.

The state added 221,400 jobs, an increase of 20,100 or 0.2 percent, DEO said. Florida gained the most jobs in business and profession­al services, which was up 3.3 percent over a year ago.

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