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Friday's Afternoon Update

Florida unemployment plunges to 8.1 percent

Florida's unemployment rate dropped substantially from 8.5 percent to 8.1 percent in November, tying the biggest one-month plunge in 20 years. A year ago, the jobless rate stood at 10.1 percent. The state added 24,500 jobs this past month and is now up 83,300 jobs compared to November 2011. [Source: Tampa Bay Times]

Triton Submarines

triton sub

When you're in the business of making $3-million personal luxury submarines, you need to do everything you can to broaden the market. The first sale at Triton Submarines in Vero Beach was an international one, and international customers now make up half to three-quarters of Triton customers.

» Triton Submarines

Office Depot to sell Hungary unit to capital fund

Office Depot will sell its Hungary business to Central Fund Venture Capital Fund. The transaction also includes an agreement for Central Fund to use Office Depot's trade names, obtain sourcing services and continue to support Office Depot's customers in Hungary. [Source: South Florida Business Journal]

Florida high school grades show improvement for 2012

The Florida Department of Education on Friday released school grades for the state's 491 traditional high schools, showing a statewide trend of improvement. Nearly half of the state's traditional high schools earned A grades for 2012, up 16 percentage points from last year. [Source: Orlando Sentinel]

» FRIDAY PREVIEW: Coming to FloridaTrend.com:

  • Floridian of the Year: Once again, our editorial staff scoured the news and took your nominations for those Floridians who had the biggest impact on the state during 2012. See whom we selected as Floridian of the Year and check out our roundup of Notable Newsmakers, from Florida Olympians to State College Presidents.

» You'll find all these stories first on the Daily and Afternoon Pulse e-mails.

Holiday Business
Record online shopping and pre-holiday storm threaten on-time gift delivery

present Will Santa’s sleigh be late? A record number of Americans took to the Web to order holiday gifts after retailers flooded their inboxes with offers of extra discounts, free shipping and easy returns. But a storm bringing heavy winds and snow to much of the Midwest on Thursday – the heaviest shipping day of the year – could mean that some packages might not make it under the tree in time for Christmas. Read more here:

» Full story from the Associated Press