Saturday, November 18, 2017
Business

Gov. Rick Scott talks up an economic comeback in Florida

RECOMMENDED READING


ST. PETERSBURG — As Republican presidential nominee Mitt Romney argued the nation's jobs market remained in crisis, Gov. Rick Scott on Thursday praised Tampa Bay's chief executives for helping turn the economy around.

"In the last 24 months, you have taken our unemployment rate from one of the highest in the country … to, you now have (250,000) to 300,000 job openings every month in this state," Scott said.

"Exports are up. Home prices are up. New home sales are up. Construction's going up. … We're winning all the awards now," he said. "What you have done by building businesses, you've changed people's lives."

Scott spoke at the Mahaffey Theater for a luncheon of the CEO Council of Tampa Bay. Council members must lead companies with more than 25 employees and revenue of more than $3 million.

Scott's speech marks only his latest divide from the less rosy take of presidential nominee Mitt Romney, who asserts that President Barack Obama's policies have kept the economy in tatters.

A report last week showed the nation's unemployment dropped to 7.8 percent, the first drop below 8 percent since early 2009.

And Florida's unemployment rate, 8.8 percent in August, has fallen faster over the past 21 months than any other state, a fact Scott has said gives "every reason to brag."

But Scott's message of triumph over unemployment, economists said, misses the biggest cause of that drop: thousands of prospective workers who stopped looking for work.

About 514,000 workers, more than half of Florida's unemployed, have been looking for jobs for six months or more, a Florida International University study released last month shows.

Scott left the downtown theater about 1 p.m. to travel to North Miami, where his schedule said he would announce a grant for teacher training.

The theater sits about a mile from the Renaissance Vinoy Resort, where vice presidential nominee Paul Ryan prepared this week to question the nation's economic strength during his debate Thursday against Vice President Joe Biden.

Comments

Parents, children welcome downsized MOSI in Tampa

TAMPA — Avery, 6, slid his sneakers up the side of 200-pound rubber tire from the space shuttle Columbia and sat on top.His father, Ilder Jeannot, called for him to get off of it — usually climbing on museum displays is frowned upon. But in the new M...
Updated: 4 hours ago
Florida jobs recover from Irma, unemployment rate drops

Florida jobs recover from Irma, unemployment rate drops

As economists predicted, the tough hit that Florida jobs took from Hurricane Irma was not long-lived. The state added 125,300 jobs in October, almost breaking even from the 127,400 jobs it lost in September. According to state figures released Friday...
Published: 11/17/17
Apple will postpone release of  HomePod

Apple will postpone release of HomePod

The Washington PostApple said Friday that it’s pushing back its plans for a Siri-powered smart speaker until sometime early next year.The HomePod speaker was announced in June, with an initial launch date set for December. Apple said that its smart s...
Published: 11/17/17
HSN, Good Housekeeping pick five contest finalists

HSN, Good Housekeeping pick five contest finalists

ST. PETERSBURG — Good Housekeeping and St. Petersburg-based HSN have chosen five finalists for their entrepreneur competition. The partners are searching for a novel item to promote as endorsed by the Good Housekeeping Seal, denoting reliability and ...
Published: 11/17/17
Trigaux: State of Tampa Bay startups? Disconnected we falter but there’s a plan to fix that

Trigaux: State of Tampa Bay startups? Disconnected we falter but there’s a plan to fix that

How are we doing?That was the Big Question posed more than once this past week in Tampa Bay. First, the Tampa Bay Partnership and USF debuted in-depth and new ways to measure Tampa Bay across a wide range of indicators to gauge whether we are gaining...
Published: 11/17/17
Tesla’s latest creation: An electric big rig that can travel 500 miles on a single charge

Tesla’s latest creation: An electric big rig that can travel 500 miles on a single charge

The main course was expected: a pair of sleek silver Tesla semi-trucks that get 500 miles per charge, go from zero to 60 mph in five seconds and — if the hype is to be believed — promise to single-handedly transform the commercial trucking industry.B...
Published: 11/17/17
We ask Tampa Bay startup leaders how best to advance entrepreneurial ecosystem

We ask Tampa Bay startup leaders how best to advance entrepreneurial ecosystem

What one thing could be added to the Tampa Bay startup community to help it grow and prosper?The Tampa Bay Times reached out to these leading area entrepreneurs and startup experts for answers.RELATED COVERAGE: Trigaux: State of Tampa Bay startups? D...
Published: 11/17/17
Before you hit the mall: here are some key holiday shopping hours

Before you hit the mall: here are some key holiday shopping hours

Plotting a shopping strategy for the holiday weekend? Here’s a look at holiday store opening hours for some major retailers:Thanksgiving8 a.m.: Kmart1 p.m.: JCPenney4 p.m.: GameStop5 p.m.: Best Buy, Macy’s, Toys "R" Us, Kohl’s6 p.m.: Old Navy, Target...
Published: 11/17/17
Electric, autonomous vehicles featured at Tampa auto show

Electric, autonomous vehicles featured at Tampa auto show

TAMPA — The two biggest trends in the automotive space are ones you’ve likely heard of: electric vehicles and autonomous cars. Both will feature prominently at the Tampa Bay International Auto Show today through Sunday. The event at the ...
Published: 11/17/17
Developer changes approach as downtown Largo project lags in financing

Developer changes approach as downtown Largo project lags in financing

LARGO — Driving down West Bay Drive, you may notice some changes to downtown Largo.A new 29-unit apartment complex on Ridge Road stands finished and ready for residents. South of the complex, land that was formerly home to a community of rundown cott...
Published: 11/17/17