A Snapshot Of The Depth Of Unemployment Across South Florida
Like the rest of the United States, unemployment in South Florida continues to climb. Experts are still working to get a more complete picture of how the COVID-19 virus has impacted the economy here, as well as across the country.
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In Broward County, the unemployment rate soared from 4.2 percent in March, to 14.5 percent in April. A year ago, it was just 2.8 percent. That's according to the latest jobs report released by CareerSource Broward Friday.
In Miami-Dade and Monroe counties, unemployment rose from just under 4 percent in March, to 12.1 percent for the region in April. This time last year that rate hovered at 2.5 percent.
Palm Beach County saw a jump in unemployement that went from 4.4 percent in March, to 13.9 percent in April. A year ago the county unemployment rate was steady at 3 percent.
Predictably, jobs in the leisure and hospitality industry took the biggest hit in all counties.
CareerSource Broward warns, "because the surveys are taken on about the 12th of the month, it will not reflect the full impact of the Covid-19 virus. No doubt the June and July releases will show even higher unemployment."