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TIME-LAPSE VIDEO

Miami named a top 3 job market

by JAMES MCCLISTER

 

Miami is the nation’s twelfth-best city for jobs, and has the country’s No. 3 job market, according to a new report from WalletHub.

 

The Magic City's job market is likely to appeal to young professionals on the cusp of entering homeownership; however, the city’s current socioeconomic gap is still one of the most pronounced in the country.

 

In determining Miami’s job market rank, researchers considered a dozen data points – including job opportunities, employment growth, and industry variety, among others – and concluded that the city has exemplary opportunities. And a Nov. 2016 economic summary from the U.S. Bureau of Labor and Statistics confirmed as much.

 

The summary stated the following: the area’s unemployment dropped from 5.3 percent a year earlier to 5.1 percent; costs for food and energy were down; and job growth was positive in every sector except manufacturing (down 0.1 percent) and information (down 1.2 percent), with significant increases in construction (4.6 percent) and professional and business services (3.7 percent).

 

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City of Miami - Economic Initiatives

Come to one of Florida's premiere juried art shows, our 13th Annual Fine Arts Festival, and enjoy an afternoon surrounded by spectacular visual arts in the most lush and luxurious setting. Amongst a generous representation of the best artists and artisans from the US and abroad-you will find the perfect piece of art for your home that includes painting, sculpture, mixed media and photography, or peruse a selection of original handcrafted jewelry or wearable art for yourself or significant other. Additionally there is always a great selection of delicious food, live music, and other activities for the entire family. Join us at the most beautiful art show amongst the winding paths and exotic foliage in this magical botanical garden.

 

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Business Incentives

 

The City of Miami, in conjunction with other governmental agencies, offers various incentives for those businesses, potential developers and interested investors that wish to start, relocate or expand their business.

 

The business incentives available in the City include: Empowerment Zone and Enterprise Zone.

 

The Tax Exemption Ordinance was revised and adopted by the City Commission on May 10, 2007.  This ordinance provides ad valorem and tangible tax exemption to new and expanding businesses located in the Enterprise Zone.

 

Additional incentives include Enterprise and Empowerment Zone Incentives. This is a collaborative effort between the City of Miami and the Miami-Dade Empowerment Trust and Enterprise Florida. For more information, please visit the Enterprise Zone and Empowerment Zone. Here you will find general information on all of the incentives that are available for the businesses located in the area. Please use these links to further guide you to additional incentives.

 

Source: MiamiGov.com

 

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