Thursday's Daily Pulse
What you need to know about Florida today
Florida added 22,250 private sector jobs in April, a 33 percent jump from a month earlier. ADP, which estimates job creation across 29 states based on payroll data, said Florida trails only perennial leaders Texas and California, which added 29,080 jobs and 27,080 jobs in April, respectively. More from the Tampa Bay Times, the South Florida Sun-Sentinel and see the report from ADP.
A study released Thursday shows that almost two-thirds of Florida housing sales in the first quarter of this year were done in cash. That is the highest rate in the nation and well above the national average of 42.7 percent, according to the study by the research firm, RealtyTrac. More from AP and McClatchy.
U.S. nonfarm productivity fell at its fastest pace in a year in the first quarter as harsh winter weather restrained output, leading to a jump in labor-related production costs. Productivity declined at a 1.7 percent annual rate after advancing at a 2.3 percent pace in the fourth quarter, the Labor Department said on Wednesday. [Source: Reuters]
Considering the wealth of information available today on risk assessments, business continuity, and disaster recovery, why do organizations still struggle with risk management? [Source: Forbes]
Global business growth slowed to a six-month low in April as both services firms and manufacturers saw slower expansions in activity and a sales tax rise hit Japanese output, business surveys showed on Wednesday. [Source: Reuters]
ALSO AROUND FLORIDA:
› Florida's marijuana law: entrepreneurs are waiting to exhale
Forward-looking entrepreneurs have spent cash and prepared for medical marijuana legalization in a way unseen in other states, industry observers say. Speculative investment in Florida has been so intense that Marijuana Business Daily, a leading online marijuana-focused newspaper, likened it to a gold rush.
› As hurricane season approaches, Florida faces gasoline shortage
Energy companies are warning that Florida is experiencing a gasoline shortage and spike in prices only one month before the start of hurricane season.
› Miami-Dade County probes impact of medical marijuana on farms
County commissioners want to know how legalizing medical marijuana in Florida would impact Miami-Dade’s farming areas.
› Girls Going Places empowers young women
Girls Going Places uses activities and mentor interactions to teach young women about business and entrepreneurism. It also encourages them to follow their passions, become financially independent.
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