|
Getting your Trinity Audio player ready...
|
Miami-Dade Beacon Council, the County’s official public-private economic development partnership, celebrated record-breaking achievements of the 2020-2021 fiscal year during their Annual Meeting, presented by Florida Power & Light. The virtual meeting celebrated Miami’s momentum, resilient and welcoming business environment, and commitments that will generate almost $1 billion in annual economic impact for Miami-Dade County.
During the past year, The Beacon Council worked diligently to secure commitments from 32 companies looking to relocate or expand in Miami-Dade County. These companies, representing diverse industries and international markets, have committed to 4,989 new high-value jobs and more than $229 million in new capital investments; this is the highest number of job commitments in the organization’s 36-year history. These new direct jobs go on to generate more than 8,500 indirect jobs, for a total of 13,527 new job commitments secured by The Beacon Council in FY2020-2021. This job growth provides opportunities for new graduates to find their first job, and for those already working to take their next step professionally in Miami.
“Even in middle of a global pandemic, in a business environment fraught with disruption and uncertainty, The Beacon Council stepped up to deliver for our community, our residents and our businesses,” said Miami-Dade County Mayor Daniella Levine Cava.
In addition to the number of job commitments, the average annual salary of these jobs also reached a record high at more than $120,000. This is about twice the average annual wage for jobs in Miami-Dade County, and goes on to generate a combined annual disposable personal income of $781 million for the employees in those 13,527 new jobs. In addition to paying for housing, insurance and other basic expenditures, these households will now have more money to spend on entertainment, restaurants, and other activities.
For more information, visit www.beaconcouncil.com
