Thursday's Daily Pulse
What you need to know about Florida today
Five years after the Great Recession officially ended, most states still haven't regained all the jobs they lost, even though the nation as a whole has. Florida is down 170,000 jobs in the aftermath of its real estate market collapse. [Source: AP]
More than three million Medicaid recipients around the state are transitioning into managed care under Florida's massive overhaul to privatize its Medicaid program. [Source: AP]
The coming of Independence Day means fireworks season — and the beginning of the institutionalized charade behind their sale in Florida. Technically speaking, consumer fireworks are illegal in Florida. But nearly 60 years ago, state lawmakers passed an exception — now the only one of its kind in the United States — for fireworks purchases by farms and fish hatcheries. More from TBO.com, the Florida Times-Union, and the South Florida Sun-Sentinel.
A coalition of business groups in the farming and construction industry is calling on Congressional leaders to make immigration reform a priority—particularly immigration visas. [Source: WJCT]
Developers across the U.S. are reviving a concept that collapsed with the real estate crash in 2008: combining condos and hotels. In cities including Miami, a rebounding hospitality market is joining with rising demand for luxury homes. [Source: Finance & Commerce]
ALSO AROUND FLORIDA:
› LeBron James, investors, opening Blaze Pizza restaurants
Basketball star LeBron James is teaming up with a group of investors to open several pizza restaurants across South Florida. Plans call for the opening of 10 Blaze Pizza restaurants in Florida, at least three of them in South Florida.
› Florida Country Superfest has biggest economic impact on Jacksonville
The inaugural Florida Country Superfest held at EverBank Field June 14 and 15 had a greater economic impact than the other major spring festivals combined this year, according to figures released Wednesday by Visit Jacksonville.
› Dozens of businesses in South Florida register for medical marijuana licenses
Dozens of businesses in the state of Florida have already registered for medical marijuana licenses, even though a vote won’t come until November.
› Darden bets big on $40M Olive Garden makeover
During the next year, Orlando-based Darden Restaurants' remodel of the Olive Garden on North Orlando Avenue will be used as a prototype for 75 more stores at $500,000 to $600,000 per store — a $40 million undertaking that will change about 9 percent of the 800 Olive Gardens in the nation.
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