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June 25, 2018

Friday's Afternoon Update

What you need to know about Florida today

| 3/14/2014

Florida job market tough for teens and young adults

South Florida may be terrific for spring breakers but it's hasn't been such a great place for teenagers and young adults to find a job, according to a study by the Brookings Institution. More at the South Florida Business Journal and the Tampa Bay Times.]
See the full report here.

EMPLOYMENT rates for teens and young adults in Florida
Where Year Ages
Cape Coral - Fort Myers 2012 25.2% 62.9%
Jacksonville 2012 23.7% 64.7%
Lakeland - Winter Haven 2012 22.2% 53.7%
Miami - Fort Lauderdale - Pompano Beach 2012 20.8% 57.7%
North Port - Bradenton - Sarasota 2012 25.6% 70.2%
Orlando - Kissimmee - Sanford 2012 22.1% 64.8%
Palm Bay - Melbourne - Titusville 2012 21.9% 56.6%
Tampa - St. Petersburg 2012 23.0% 59.8%
Source: Brookings

Column: Why luck has nothing to do with business success

True luck plays only a small part in running a successful business. Successful business owners make their own luck by working hard, staying focused on their goals, and making the tough decisions required to grow and succeed. More at the Philadelphia Business Journal.

Same-sex marriages expected to boost travel, hospitality industries

Florida Life

Food markets off the beaten path

Markets off of the main drag are catching on from Orlando’s East End Market to Jacksonville’s St. Johns Avenue and Riverside to Tampa Bay’s Seminole Heights to St. Petersburg’s Warehouse Art District and to Miami’s Wynwood

» Access full story

Growing acceptance and legalization of same-sex marriages in the United States and around the globe will fuel the travel and hospitality industries and boost spending by lesbian, gay, bisexual and transgender consumers, experts say. More at Reuters.

Space Florida, S3 sign agreement for use of Shuttle Landing Facility

Aerospace company Swiss Space Systems (S3) has signed a memorandum of understanding with Space Florida for future use of the Shuttle Landing Facility and associated infrastructure for its flight operations, slated to begin in 2015 with zero gravity flights. More at the Orlando Business Journal.

AvMed makes it three in a row for customer satisfaction

J.D. Power has ranked AvMed the highest in member satisfaction among Florida health plan providers for the third consecutive year. In the 2014 Customer Satisfaction Study, AvMed grabbed the top regional score in a tie, securing the honor for its renowned member-focused efforts. More from the Gainesville Business Report.

Collector car auction returns to Fort Lauderdale

classic car auctionMaseratis, Ferraris, Shelby Cobras and hundreds of other head-turning rides are up for auction this weekend as the popular Auctions America returns to Fort Lauderdale. About 500 rides of different makes, models, colors, years and prices have been wheeled into the convention center to tempt car lovers willing to spend anywhere from $20,000 to nearly $1 million.

» Full story from the South Florida Sun-Sentinel

Tags: Daily Pulse

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An overview of the features and articles in this month's issue of Florida Trend.


Florida Trend Video Pick

Lincoln Road keeps growing — and its small businesses keep closing
Lincoln Road keeps growing — and its small businesses keep closing

Over the last five years, a wave of out-of-town investors have paid record-high prices for Lincoln Road properties looking to capitalize on the Beach's international cachet. Increasingly, small businesses unable to keep pace with the skyrocketing rents in the historic Miami Beach shopping district are being forced to decide between relocating or closing.

Earlier Videos | Viewpoints@FloridaTrend

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