Thursday's Afternoon Update
Productivity falls at faster pace, labor costs rise
U.S. worker productivity was even weaker than first thought from October through December while labor costs rose at a faster rate. Productivity declined at an annual rate of 2.2 percent in the fourth quarter, weaker than the 1.8 percent drop that was estimated a month ago. More at the AP.
Florida Senate debates Medicaid expansion
A potential budget crisis is fueling a new conversation about Medicaid expansion in Florida. The issue was a non-starter in 2014, largely because House Republicans oppose expanding Medicaid as envisioned under the Affordable Care Act. More at the Tampa Bay Times.
See also:
» Hospitals fret amid state-federal Medicaid fight
» Florida prison reform plan gets unanimous approval
» Florida House rolls out testing proposal
» Legislature moves to change school start date rules
» Florida congressman proposes state accreditation power
Tampa angles for a Cuban consulate
Miami Mayor Tomás Regalado might think putting a Cuban consulate in Miami would be a mistake, but Tampa officials are actively hoping Cuba will plant a consular office in the city on Tampa Bay. More at the Bradenton Herald.
Miami’s Brickell among most expensive office markets in Americas
A new study by Cushman & Wakefield found that Miami's Brickell financial district is among the 10 most expensive markets in the Americas to lease an office. Brickell ranked 10th with average rent of just over $50 per square foot. More at the South Florida Business Journal.
LaunchCode signs up 102 companies
LaunchCode, a tech-employment nonprofit, aims to attack the tech-talent gap by matching candidates with short-term apprenticeships at partnering companies -- 102 South Florida companies and counting. More at the Miami Herald.
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