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June 23, 2018

Friday's Daily Pulse

What you need to know about Florida today

| 12/20/2013

Fewer unemployed in Florida? Maybe

While 182,000 more Floridians have gone back to work in the past year, another factor accounts for more than half of the gains suggested by the declining unemployment rate: even in these days of apparent recovery, discouraged job seekers continue to drop out of the labor force. [Source: Sarasota Herald-Tribune]

See also:
» New unemployment numbers for Fla. due out

Florida Trend Exclusive
Florida law: Wet suits

DiveBar is a 2-year-old south Florida-based group that calls itself the “first underwater Bar association for legal professionals.” In May, DiveBar organized a trip to Belize, where attorneys dove with whale sharks. There was a trip to the Bahamas this year, too, along with numerous diving excursions closer to home, from Jupiter to Key West to Venice. Full story.

Florida has lowest rate of workers holding multiple jobs

The Bureau of Labor Statistics has released a report on rates of people holding multiple jobs and, at 3.4 percent, Florida had the lowest multiple-jobholding rate of any state. Women are more likely to hold multiple jobs than men, and whites are more likely to hold multiple jobs than people in other racial groups. Read more from Business Insider and the BLS.

Collecting wine: A fruitful asset

For those with the money to pour in, wine can be a lucrative investment. An index measuring the value of 100 top wines has risen 130 percent since the end of 2005, double the total return of the Standard & Poor's 500 stock index. Optimists expect the wine market to grow as the wealthy become even wealthier, especially in China and the rest of Asia. [Source: Lakeland Ledger]

Florida spends $42M from federal small business credit program

Florida has distributed $42.1 million to grow local small businesses through the federal State Small Business Credit Initiative since the program began in 2010, which includes funding of venture capital projects. Only California and Illinois deployed more money from the program. [Source: South Florida Business Journal]


› New, culinary-themed hotel opens in Tampa
In the past, the Tampa Bay region hasn't been high on a foodie's travel bucket list. Sure, there are some tasty Cuban sandwiches in Tampa and fresh grouper in restaurants along the Gulf of Mexico. But cutting-edge culinary trends haven't surfaced here - until now.

› Late delivery? Davie startup helps get refunds
A new startup company in Davie is focused entirely on helping businesses and people file successful claims with package delivery companies such as FedEx and UPS for late or damaged shipments.

› Reptile group sues to overturn python ban
A reptile industry trade group has gone to court to overturn a federal ban on the import of four species of large snake, including the Burmese pythons that have infested the Everglades.

› Florida gets biggest share of Ocwen settlement
Ocwen Financial Corp. agreed to a $2.1 billion joint state-federal settlement, resolving allegations of mortgage servicing misconduct.
» Related: Florida to get highest relief from $2B mortgage case

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Florida Trend Video Pick

Brevard Zoo releases sea turtles
Brevard Zoo releases sea turtles

Sea turtles Skipper and Ginny were released Thursday, June 21, 2018 after recovering from medical problems at the Brevard Zoo. (There is no audio track on this video from the Brevard Zoo.)

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