jobs

Regional tourism was softening as 2025 came to to end. The new year appears to have started off with renewed interest by visitors to come to South Florida. And they're paying up to stay overnight, especially in Miami-Dade County.

While the proportion of international migrants jumped, the total number plunged, as did the number of people moving from other states. The slowdown — particularly from people in their 20s — comes as the Trump administration launched its immigration enforcement effort and the state wrestles with affordability challenges. " Economic growth is dependent on population growth," noted an expert.

Hiring in construction, retail and tourism helped push down the regional jobless rate in December as the statewide unemployment rate crept up again.

Federal Reserve Bank of Atlanta Pres. Raphael Bostic knows hiring has cooled off, but he remains most concerned about keeping inflation heating up. The Fed's main tool to fight inflation is higher interest rates, which is the opposite of what Pres. Trump has been pressuring the Fed to do.

Florida's unemployment rate hit a four-year high in November yet remains below what many economists consider full employment. The federal government shutdown meant skipping a month of data.

A quarter of single family homes and half of condos are sold for cash in South Florida, yet the regional housing market remains sensitive to changes in mortgage rates. The Federal Reserve is expected to cut its target short-term rate later this week, which may bring down borrowing costs for home buyers.

The American Business Forum featured household names from the worlds of politics, business and sports at its event held in Miami. Talk was heavy about influences, workplace culture and President Trump —but light on current economic conditions for businesses.

Fort Lauderdale's second city reputation to Miami may be changing as jobs and residents move to the area, fueling significant economic growth for the neighborhood. But can it last?

In his quarterly message, Federal Reserve Bank of Atlanta President Raphael Bostic supported a lower interest rate for the central bank, but he did not commit to the timing of a rate cut.

South Florida’s jobless rate was 3% in January, according to data released Monday by the state Commerce Department. The region still has the lowest unemployment rate in the state. The state lost jobs in construction but gained positions in healthcare and hospitality.

Spirit says it has identified about $80 million of cost-cutting measures set to begin early next year. Those cuts will be driven primarily by a “reduction in workforce,” the airline disclosed in a Thursday regulatory filing.

Su mentioned the Biden administration must still address issues like the cost of housing, gas and groceries.