November 21, 2014

Friday's Afternoon Update

What you need to know about Florida today

| 11/21/2014

Florida's unemployment rate falls to 6 percent

Florida's unemployment rate fell to 6 percent in October, a new six-year-low, as the stated added a healthy 34,400 jobs over the month. Over the past year, the state has added 206,800 jobs, a 2.7 percent increase. The bulk of new jobs, as always, came in the private sector but government also was up by 2,400 jobs from September. More at the Tampa Bay Times.

Small-business owners find creative ways to handle Obamacare

Individual consumers have had a year to get used to purchasing health plans on the new federal healthcare marketplace. But for business owners like Ron Holt, the learning curve is only just beginning. More at Yahoo Finance.

Small retailers push hard to rise above the crowd

Standing Out

The $1-billion, mixed-use Metropica project in Sunrise in west Broward looks ideally suited to the area’s office market and to the neighboring giant Sawgrass Mills mall, but the proposed eight luxury condo towers seem out of place.

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In 2010, American Express decided to begin promoting shopping at small businesses by declaring the Saturday after Thanksgiving Small Business Saturday. The giant credit card company's national advertising muscle helped the notion of supporting smaller retailers to catch on as part of the Thanksgiving shopping tradition, which includes Black Friday and Cyber Monday. More at Gannett.

Amusement parks challenged by home entertainment

Your local fun zone, amusement center and theme park is facing an existential challenge these days. They need to lure you, the American guest, off your sofa with your high resolution, interactive video games and into their world of fun - real life fun. More at the AP.

Column: Florida still draws gobs of cash from Uncle Sam

Florida punted on taking about $51 billion over a decade to add more than 900,000 people to its state-federal health insurance program. But Florida is still a sponge for federal cash – just certain types of it. More at the Orlando Sentinel.

Sports Business
Top 20 richest contracts in sports history

marlins contract Miami Marlins star Giancarlo Stanton signed the largest contract in American sports history on Wednesday, a 13-year, $325 million deal. See a slideshow of the biggest sports contracts in sports history from the South Florida Sun-Sentinel.

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Florida Trend Video Pick

More people to hit the road this Thanksgiving
More people to hit the road this Thanksgiving

The good news for Thanksgiving travelers: the price of gas is at five-year lows. The bad news: a lot more people will be on the road. 

Earlier Videos | Viewpoints@FloridaTrend

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Did President Obama overstep his executive authority by enacting immigration reform?

  • Yes. He should have gone through Congress.
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  • No, other presidents have taken similar action, and something had to be done.

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