MIAMI-Some unsettling economic news for the real estate market in Miami-Dade County is that the burgeoning health care sector in this area is beginning to show signs of weakness.
The 147 months of continuous job growth in Miami-Dade County ended in late 2012, according to the Miami Herald. The health care sector in November and December lost 400 ad 700 jobs respectively as compared to the same period in 2011. Jackson Memorial and the University of Miami medical school announced a total of almost 2,000 jobs cuts last year.
The hospital sub-sector shed 1,700 jobs in December and has been losing jobs since August in Miami-Dade. In nearby Broward County, health care continues to be an economic bright spot, adding 1,400 jobs in December. See story in the Miami Herald.