Workforce & Talent Pipeline
The Talent of the Future
1.3M
Labor Force
The labor force participation is 63.8%, translating to approximately 1.3 million people actively engaged in the workforce. This figure highlights Miami’s strong labor market, which exceeds both national (62.7%) and state (58.8%) averages, reflecting the region’s dynamic economic environment and diverse opportunities.
2%
Unemployment Rate
Miami-Dade County has consistently boasted low unemployment rates, currently standing at just 2%. This resilience is evident even during economic fluctuations such as the pandemic, highlighting the region’s ability to maintain a robust job market and foster continued economic development.
32.5%
Residents with Bachelor Degrees
As of 2022, 32.5% of Miami-Dade County residents held a bachelor’s degree, which is slightly higher than the Florida state average of 32.3%. This level of educational attainment underscores Miami’s commitment to cultivating a knowledgeable workforce, essential for attracting diverse industries and supporting the region’s economic growth.
104
Languages Spoken
With approximately 75% of residents speaking a foreign language at a native level, Miami is a linguistic melting pot. The presence of over 104 spoken languages enhances the city’s ability to connect with international markets and diverse clients.