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CoStar Insight

Year-over-year employment growth weakens across Florida

While statewide employment declined year over year, job losses and unemployment increases varied widely by market
The Miami area has the lowest unemployment rate among Florida's six largest markets at 2.8%. (Homes.com)
The Miami area has the lowest unemployment rate among Florida's six largest markets at 2.8%. (Homes.com)
CoStar Analytics
May 7, 2026 | 1:15 P.M.

Florida’s labor market showed broad deceleration in early 2026, with nonfarm payroll employment declining 0.4% year over year as of February, according to the U.S. Bureau of Labor Statistics.

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