The April U.S. nonfarm payrolls report from the Bureau of Labor Statistics on its face looks like a big disappointment with 115,000 jobs created last month, versus economists’ consensus forecast for 160,000. Despite the miss on the highly anticipated monthly jobs report, there is little despair to be found in stocks. The SPY ETF which tracks the S&P 500 Index…read more →
China offers financial support to the fund that will be used for bailouts of the eurozone’s weakest economies. (MarketWatch) Greece is in the midst of what may be one of the deepest recessions on record. (Reuters) A firm that claims it owns rights to certain Apple (NASDAQ: AAPL) iPad features may try to ban exports of the device from China. (Reuters) A Reuters…read more →
TALLAHASSEE — Florida lawmakers will spend more time on the budget, economists will devote more brainpower to state tax revenues, and human trafficking will get some face-time in the Legislature’s 3rd day of the session today. House economic development and PreK-12 appropriations committees will hear more from Gov. Rick Scott’s staff on his budget proposal. Scott is asking for more…read more →
Increases to season tickets of as much as eight per cent will be announced tomorrow. Commuters will learn how much more they will have to pay when the July rate of inflation is announced in the morning. Most economists expect the Retail Prices Index, the measure of inflation used as the benchmark for tickets, to be about five per cent…read more →
By Michael PeltierThe News Service of FloridaClinging stubbornly like a burr in its side, Florida’s unemployment rate in December remained unchanged from November at 12 percent and remained 0.2 percentage points higher than the year before, the Agency for Workforce Innovation reported Friday. The report did show continued job growth in the state, a sign some economists say…read more →
