Tag Archive for: job opportunities

,

Economy Remains In Great Shape In Florida

While there are increased worries about a recession at the national level, the economy remains in excellent shape in Florida.

There are some signs of concern of courseā€“includingĀ recent estimatesĀ that the state government will bring in around $867 million less in revenue than expected over the next two yearsā€“but mostly things are looking up in the Sunshine State.

Last month, unemployment in Florida slipped from 3.4 percent to 3.3 percent, well below the national average of 3.7 percent. Jobs continue to grow at a 2.8 percent rate in Florida, above the national average of 1.8 percent.

Tourism also continues to boom in Florida withĀ Gov. Ron DeSantisĀ announcingĀ last week that a record-high 68.9 million tourists visited the state in the first half of the year.

The Florida Realtors just announced that single-family home sales were up 10.4 percent last month when compared to July 2018.

Now, this could all head south of course. Floridaā€™s economy continues to rely heavily on tourism and real estate, two industries that often take major hits in an economic downturnā€“as the Sunshine State can attest from the damage it took during the Great Recession.Ā  Continued trade tensions with China could impact logistics and agriculture.

Thanks in large part to efforts from former Governor and now U.S. Sen. Rick Scott and current Governor Ron DeSantis, Florida continues to have a strong business and tax climate which continues to attract new residents and businesses. Even as the nation experiences increased worries about a downturn, for the moment at least, the economy remains in good shape in Florida.

 

Source: Florida Daily

Hollywood Eyes Key Industries To Spur Job-Creating Economic Growth

The City of Hollywood is working to develop and expand targeted industries to become more successful, resulting in higher paying jobs and ultimately more money for the City.

Health Care

Memorial Healthcare System, one of the largest in the nation and it is continuing to grow.Ā  Memorial Regional Hospital is the flagship facility of this system. It offers extensive and diverse health care services that include Memorial Cardiac and Vascular Institute featuring renowned surgeons, Memorial Cancer Institute and Memorial Neuroscience Institute providing innovative technology.

There isĀ Joe DiMaggio Childrenā€™s HospitalĀ at Memorial, one of the regionā€™s leading pediatric hospitals. It offers a comprehensive scope of healthcare services and programs in a child-friendly atmosphere. It is a full-service hospital and offers treatment for minor illnesses, trauma-related accidents, and complex medical conditions. It combines advanced technology and the expertise of a large group of board-certified pediatric specialists. The hospital has 226 beds.

Tourism

Tourism and hospitality is another major objective. TheĀ Diplomat Beach ResortĀ has completed major renovations and offers many high-end restaurants and amenities. The Margaritaville Hollywood Beach Resort offers fine dining a high-quality hotel, a beautiful pool, and other amenities. And there are other hotels located at Hollywood Beach and throughout the city.

Aerospace and Aviation

Hollywood is home toĀ HEICO Corporation, is a top manufacturer of aerospace, industrial, defense and electronics products. They make products that are found on commercial airplanes, military aircraft, industrial turbines, targeting systems, and missiles. HEICO operates in two segments, the Flight Support, and Electronic Technologies Group.

And there isĀ Quiet Technology AerospaceĀ which recently moved into a 30,000 square foot facility. This company performs repair work for aviation. It is a market leader in the application of advanced composites for noise attenuation and structures.

The Fort Lauderdale Hollywood International Airport is one of the fastest growing airports in the nation. Major developments are underway and new destinations are being added.

Marine Technology

Marine technology is another major industry for Hollywood. Most ofĀ Port EvergladesĀ is in Hollywood. Each cruise ship that comes to the port brings thousands of passengers. And there is more development taking place with cruise terminals.

A major expansion project at the port will allow larger freight ships to come to the port and all this means more people and money coming into Hollywood.Ā Quantum Marine EngineeringĀ of Florida is a leader in producing stabilization technology for yachts. The company is operating in Hollywood. There are many other businesses that are prospering in the marine industry.Ā Nova Southeastern UniversityĀ is operating an Oceanographic Center in Hollywood for various research programs.

Education and Technology

In the area of education and technology,Ā Barry University recently opened a health sciences building in Hollywood, adding to a number of high-quality private schools, charter schools and public schools in the city.

And there are many other thriving businesses in the City.Ā Chewy.comĀ has a location in the City.Ā In addition to developing these key industries, small businesses throughout the city are thriving and offering career opportunities for residents.

 

Source: Hollywood Gazette