February 4, 2023

Wednesday's Afternoon Update

What you need to know about Florida today

| 7/1/2015

The American job machine is in high gear

U.S. businesses were busy adding workers last month, according to an employment survey released Wednesday. Small businesses accounted for about half of the hiring. More at the Wall Street Journal, the AP, USA Today, and Business Insider.

Bosses reclassify workers to cut costs

As courts and regulators increase their scrutiny of the relationship between businesses and independent contractors, employers are turning to a range of tactics to classify workers, taking them off the formal payroll and lowering costs. More at the Wall Street Journal.

Floridians more confident about their personal finances

Floridians became more confident about their personal finances in June, reversing two months of increasing pessimism over the economy, according to a University of Florida survey. More at the South Florida Sun-Sentinel.

Sports stars ‘retire’ to business careers

Former Miami Heat player Ray Allen dribbled his skills off the courts this past National Basketball Association season and dove straight into Miami’s business community. Like other professional athletes who have turned to Miami for post-career business ventures, Mr. Allen plans on launching his this September. More at Miami Today.

Florida TaxWatch foresees economic boom times for Jacksonville

Things are looking pretty good for Jacksonville, according to a recent article by Florida TaxWatch. The city, the article begins, “is a rising star of startup activity and job creation.” More at the Florida Times-Union.

» Related, from Florida Trend: Community portrait of Jacksonville

Banking
Technology helps banks meet consumers online

cameras

As more consumers than ever bank online or on mobile apps, banks have had to adjust, moving many services online and reducing the number of physical branches. Some banks have virtual tellers, which make remote bank employees available for extended hours in a day.

» More from the Orlando Sentinel

Florida's Biggest Companies
Executive salaries in Florida

Among 10 top executives at Florida’s biggest companies, seven got big raises while three had their pay cut. We look at the salaries of World Fuel Services president and CEO Michael Kasbar; Tech Data CEO Robert Dutkowsky; AutoNation Chairman, President and CEO Mike Jackson; and many more. » Access full story

Tags: Daily Pulse, Afternoon Pulse

In case you missed it:

Florida Trend Video Pick

Florida city highlights impacts of gerrymandering
Florida city highlights impacts of gerrymandering

A protracted legal fight over how city council districts were drawn in Jacksonville, Florida, reflects an aspect of redistricting that often remains in the shadows.

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think 2023 will be a year of economic prosperity or economic hardship for small businesses?

  • Economic prosperity
  • Economic hardship
  • Too soon to tell
  • Unsure/need more information
  • Other (Please share your comments in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2023 Trend Magazines Inc. All rights reserved.