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Florida Department of Economic Opportunity

Senate Commerce and Tourism Committee plans hurricane talk

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The Florida Senate Commerce and Tourism Committee will take up hurricane effects and recovery efforts across the business community in Florida at its first meeting of the 2018 session, Chairman Bill Montford announced Wednesday. That is assuming the committee’s hearing is not postponed because of a hurricane. Very early projections of Tropical Depression 16 forming off the coast of Central America on Wednesday afternoon have it becoming Hurricane Nate and hitting Florida — right near Tallahassee — Sunday.

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Florida Chamber Foundation launches ‘My Career’ website tool

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Drawing on state data on what jobs are out there and what they pay, and what college and career school programs cost, the Florida Chamber Foundation is launching a new website aimed at helping people understand where the money is and what it will cost.

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Business, tech services provider announces 75 new Tampa jobs

in The Bay and the 'Burg/Top Headlines by

Florida’s governor says 75 new jobs with an annual salary of more than $50,000 are coming from a Texas-based business and technology services company.

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Jeff Brandes bills keep Enterprise Florida, but with tight leash

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State Sen. Jeff Brandes‘s new economic development proposal would continue operations of the embattled Enterprise Florida and state Department of Economic Opportunity, but on tight leashes. Senate Bills 1110 and 1112 spell out a new way of doing business for two of Florida’s major economic development programs that have been under fire for accountability, particularly through their spending and penchants for luring out-of-state business with incentives in cases that go awry. Brandes’s bills focus more on fostering small businesses and startups already…

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Rick Scott spending plan sets DEO budget at nearly $1.3B

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Gov. Rick Scott is recommending a $163 million increase in funding for the Florida Department of Economic Opportunity in his proposed 2017-18 budget. LobbyTools reports that the boost will bring the DEO budget to nearly $1.27 billion. Scott announced his budget proposal Tuesday morning at a Tallahassee news conference. Scott’s ask includes $85 million in economic incentives – a contentious issue with some lawmakers. Last year, Scott made a similar request, asking for $250 million for the “Florida Enterprise Fund;” which lawmakers…

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Florida’s metro areas registered strong economic growth in 2015

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Florida’s cities mostly exceeded the national trend last year regarding economic growth, state officials announced Thursday. In fact, the economies in 15 of Florida’s 22 metropolitan statistical areas grew faster than the national average. Overall, the state’s real gross domestic product was $789.8 billion, up by 3.1 percent from the year before. The national economy grew at a rate of 2.4 percent. “Florida’s economy is one of the strongest in the nation, illustrated by our consistent job creation, low unemployment…

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Florida unemployment rate at 4.7% in May

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The state’s unemployment rate dipped slightly in May, according to new employment figures released by state’s jobs agency Friday. Florida’s seasonally adjusted unemployment rate was 4.7 percent in May, down from 4.8 percent in April. The rate is down from 5.4 percent a year ago, according to monthly employment numbers released by the Florida Department of Economic Opportunity. The state added 21,500 private sector jobs in the one-month period. Since May 2015, the state has added 239,000 private sector jobs.…

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