economy

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From September of last year to September of this year, Jacksonville added 28,700 jobs to its economy. That’s according to new numbers released by the Florida Department of Economic Opportunity Friday.

Last month alone, the entire state saw an increase of only 23,000 jobs and the state’s jobless rate has remained rather stagnant all year at 4.7 percent — that’s just under the national rate of 5 percent.

Still Florida’s growth rate is the third highest in the nation, behind Texas and California.

HOBNOB Facebook

Florida continued to add jobs in December. That’s according to Friday’s numbers from state Department of Economic Opportunity.

In Jacksonville, businesses like restaurants and hotels saw the biggest boost.


 The economy and jobs are so strong as 2016 begins that the Federal Reserve recently raised interest rates for the first time in nearly a decade. However, paychecks and the stock market are still flat. We discuss what could be expected from economy in the new year with economists Andres Gallo, of the University of North Florida, and Dr. Hassan Pordeli, of Jacksonville University.


Business Brief: Interest Rate Hike Good For Business

Dec 21, 2015
$100 bills
Frankie Leon via Flickr

The Fed raised interest rates last week after six years of historically low rates.

In this week’s Business Brief, WJCT Business Analyst John Burr tells News Director Jessica Palombo what that means for people on the First Coast. 

Jacksonville Jaguars

Sunday was the first home game of the Jacksonville Jaguars’ regular season. The Jacksonville Chamber of Commerce celebrated the return of football with a pep rally last week.

But what effect the team has on business in the River City remains murky.

In this "Business Brief," analyst John Burr explains the team’s economic impact to WJCT News Director Jessica Palombo.

Dollar bill heart
Thomas Hawk via Flickr

Job seekers and business owners should both be breathing sighs of relief these days, with the economy in the best shape in five years. That’s according to  Jacksonville Business Journal Editor John Burr. 

In this week’s Business Brief, Burr shares the rosy outlook with WJCT News Director Jessica Palombo.

Patrick Donges / WJCT

Jacksonville Mayor Alvin Brown has unveiled his proposed budget for the next fiscal year —one he says will help the Jacksonville Sheriff's Office hire more officers, redevelop the Jacksonville Landing and beef up the city’s library system.

Florida Ranks 8th-worst for Income Inequality

Jun 16, 2014

Florida has the country’s eighth-highest rate of income inequality. New analysis from Pew Trusts’ news service, Stateline, shows only six states and the District of Colombia are worse. Most Central Florida counties are near the U.S. average, but Orange County is in the top 20th percentile for inequity.

Bloomberg TV's Yang Yang reports on how The Wizarding World of Harry Potter theme park at Universal Orlando Resort has boosted the economy and job market of Florida and the state.

Rhema Thompson / WJCT

Just off Beach Boulevard, east of Kernan Boulevard, a row of shiny, new Mediterranean-style homes teem with dozens of potential residents.

One Spark / Facebook

Tourism is big business on the First Coast according to the results of an economic impact study sponsored by Jacksonville’s destination marketing group.

City of Jacksonville

Mayor Alvin Brown has named a group of high-profile business leaders—and one strong environmental voice—to the new task force looking at a proposed deep dredge of the St. Johns River channel.

The Mathews Bridge, food trucks, and public funding for sports stadiums are in the headlines today.

Duval County Public Schools, Michael Dunn, and Rep. Trey Radel are in the headlines today.

CNTV

Local author Chris Berman’s recent novel Red Moon was intended as fiction, but his prediction of an unmanned Chinese moon mission came to pass at the end of last year.

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