September 5, 2015

Friday's Afternoon Update

What you need to know about Florida today

| 9/4/2015

Unemployment rate drops to 7-year low, could spur interest rate hike

The unemployment rate tumbled to a seven-year low in August as employers added a modest 173,000 jobs, complicating the U.S. Federal Reserve's decision whether to raise rates in two weeks. The Labor Department says the unemployment rate fell to 5.1 percent from 5.3 percent, the lowest since April 2008. More from the AP and Forbes.

See also:
» Chart: What's the real unemployment rate?

Get ready, Labor Day travel crunch begins

More Floridians — 1.8 million — are expected to be among the 35.5 million Americans traveling 50 miles or more from home between Thursday and Monday, according to AAA Travel. That's the highest number of travelers overall for Labor Day since 2008. More at the South Florida Sun-Sentinel.

Perez Art Museum Miami names new director

Los Angeles County Museum of Art's Franklin Sirmans has been named director of the Perez Art Museum Miami, PAMM's board of trustees announced Thursday. Sirmans will replace Thom Collins, who left PAMM in March to lead Philadelphia's Barnes Foundation. More at the South Florida Business Journal.

Experts predict more senior-housing construction

Of 182 industry experts interviewed by the National Real Estate Investor and the National Investment Center for Seniors Housing and Care, 69 percent said they expect construction starts to increase in the next 12 months across the country. More at the Orlando Business Journal.

Sarasota poised to regulate Uber

The city of Sarasota is weighing special rules for ride-sharing companies such as Uber, which uses a smartphone app to connect riders with drivers. More at the Sarasota Herald-Tribune.

Out of the Box
'Gray Swan' Hurricanes

cameras "Gray swan" hurricanes — storms with impacts more extreme than history alone would predict — could ravage cities in Florida, Australia and the Persian Gulf, researchers say.

» More from Live Science, Tech Insider, and USA Today.

Health Trends
Music therapists seek state recognition

music therapy Florida music therapists are seeking the recognition afforded to other health-care professionals. Music therapists work in conjunction with doctors, nurses and occupational, physical and speech therapists to treat clients in hospitals, nursing homes, neonatal units and similar settings.

» More from the Orlando Sentinel

Tags: Daily Pulse, Afternoon Pulse

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Florida Trend Video Pick

Virtual Tour of Tampa International Airport Expansion
Virtual Tour of Tampa International Airport Expansion

From the rental car center to people mover to baggage claim, Tampa International Airport takes you on a virtual tour through its historic Master Plan expansion.

Earlier Videos | Viewpoints@FloridaTrend

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