Unemployment Picture in Broward County

The unemployment rate in the CareerSource Broward region declined 0.8 percentage point over the year to 4.7 percent in October 2015 down from 4.9% in September.  The region’s jobless rate was 0.4 percentage point lower than the state rate (5.1 percent).  Out of a labor force of 1,000,592, there were 46,699 unemployed Broward County residents.   

In October 2015, nonagricultural employment in the Ft. Lauderdale‐Pompano Beach‐Deerfield Beach metropolitan division was 811,100. Nonagricultural employment increased by 26,100 jobs (3.3 percent) over the year in the metro area. The metro area’s over-the-year growth rate was 0.3 percentage point higher than the state growth rate of 3.0 percent.

The Ft. Lauderdale metro area gained the third‐highest number of nonagricultural jobs in October 2015 among all metro areas in Florida compared to a year ago.

In October 2015, the Ft. Lauderdale metro area added the most jobs of all the state’s metro areas in professional and business services (+11,300 jobs); construction (+4,300 jobs); other services (+1,100 jobs); and information (+200 jobs, tied with the Miami metro area). Broward County also had strong growth in Hospitality and Tourism.

Florida Minimum Wage Increased in January 2015

On January 1, 2015, the Florida Department of Economic Opportunity implemented a new minimum wage. The new minimum wage is now $8.05/hour, an increase of $.12/hour over the previous rate. Please click here for the announcement, posters for employers to use at their worksites, in English and Spanish and other details.