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Andrew Powell

State unemployment rate up slightly in April compared to same time last year

May 28, 2024 By Andrew Powell

(The Center Square) —The Florida Department of Commerce released a new report on the state’s unemployment rate, showing that while it has risen slightly from a year ago, it continues to outpace the national average.

According to the report, Florida’s seasonally adjusted unemployment rate was 3.3% as of April 2024, an increase of 0.1 percentage point from March 2024 and 0.6% higher than a year ago. The U.S. seasonally adjusted unemployment rate was 3.9% in April.

(Ernie Journeys/Unsplash)

Also, during the month of April, Florida added 45,300 jobs, bringing the state’s total adjusted nonagricultural employment to nearly 9.95 million. Over the course of a year, 240,500 jobs were gained — an increase of 2.5%. In comparison, the number of jobs available nationally rose by 1.8%.

The report further states that nine out of 10 major industries in Florida had had positive job growth, including education and health services, which added approximately 60,100 jobs, an increase of 4.1%. Trade, transportation and utilities had 3% growth, adding around 57,000 jobs.

The hospitality and leisure industries added approximately 45,600 jobs, a growth of 3.5%, while total government jobs increased by 2.6% or 29,600 jobs. Construction jobs also grew by 3.5%, adding 22,100 jobs.

Manufacturing increased employment by 8,700 positions, a 2.1% increase. Professional and business services added 5,700 jobs, while the information industry grew by 0.9% or 1,500 jobs. Financial services was the only industry to see a net loss of employees, shrinking by 2,500 jobs, an overall loss of 0.4%.

However, not all of Florida has the same unemployment rates and some counties are much higher than the national unemployment rate. In April 2024, Citrus County had the highest unemployment rate of 4.9%. Sumter County followed closely with a rate of 4.7%, while Highlands County had an unemployment rate of 4.6%.

According to the report, Monroe County had the state’s lowest unemployment rate of 2% in April 2024. Miami-Dade County had a rate of 2.1%, while Gulf, Okaloosa and Wakulla counties all had unemployment rates of 2.8%.

Florida had a seasonally adjusted labor force of more than 11 million and 360,000 unemployed Floridians in April 2024.

Published May 29, 2024

Report indicates Florida tort reform reduced ‘nuclear verdicts’

May 28, 2024 By Andrew Powell

(The Center Square) — A new report shows that the number of “nuclear” verdicts in the Sunshine State has steadily declined since tort reforms were signed into law in 2023.

Marathon Strategies released its 2024 report on corporate verdicts throughout the U.S., and data shows a 30% rise in juries awarding enormous sums of money in legal cases brought against big corporations. However, Florida is bucking this trend.

(Sora Shimazaki/Pexels)

According to the report, a “nuclear” verdict awards more than $10 million. A “thermonuclear” verdict awards a plaintiff over $100 million and up to $1 billion. In 2023, these verdicts rose by 27%, and the median settlement was around $40 million.

The report says that Florida was historically second for “nuclear” payouts, but it has since dropped to seventh place after Gov. Ron DeSantis signed new tort reforms into law.

In March 2023, DeSantis signed House Bill 837 and said in a news release at the time that the legislation was designed to safeguard the economy and attract investment into Florida.

“Florida has been considered a judicial hellhole for far too long and we are desperately in need of legal reform that brings us more in line with the rest of the country,” DeSantis said in the statement. “I am proud to sign this legislation to protect Floridians, safeguard our economy and attract more investment in our state.”

Marathon researchers found that once the legislation was in place, Florida went from being the second-most state for “nuclear” verdicts to seventh place, suggesting that the reform had affected the size of awards.

In 2023, post-reform, Florida awarded a total of $491 million, $316 million of which was awarded in state court verdicts, and $175 million by federal courts.

Between 2009 and 2023, Florida juries awarded a whopping $33.19 billion — the top industries included the tobacco, trucking, real estate and automobile industries — with awards spread out over 175 verdicts.

During that same time period, Florida came in second to Texas, which awarded $45 billion across 207 verdicts, with most awards coming from banks, telecommunications, hardware, and tech industries.

Missouri was number one in 2023 overall for “thermonuclear” verdicts after one was reached against the National Association of Realtors worth $1.8 billion and the $1.5 billion award Roundup case against Bayer AG/Monsanto.

Published May 29, 2024

Report spotlights Florida discretionary projects known as ‘budget turkeys’

May 28, 2024 By Andrew Powell

(The Center Square) — A Florida nonprofit organization released a report on Wednesday identifying individual budget appropriations that did not undergo thorough scrutiny by lawmakers.

Florida TaxWatch released its 2024 Budget Turkey Watch Report on Wednesday, which is an independent review of the state’s fiscal year 2024-2025 budget.

Former Florida lieutenant governor and Florida TaxWatch executive vice president and general counsel Jeff Kottkamp said during a news conference that the annual budget report holds state lawmakers accountable.

(Karolina Grabowska/Pexels)

“This annual report promotes additional oversight and integrity of Florida’s budgeting process and is based on the principle that because money appropriated by the Legislature belongs to the taxpayers of Florida, the budget process must be transparent and accountable,” Kottkamp said, adding that every project should receive proper deliberation and public debate.

Projects not following these processes are identified as “Budget Turkeys.” According to the report, 450 of these budget turkeys total $854.6 million. A further $912.2 million worth of projects was identified as needing closer scrutiny from Gov. Ron DeSantis but did not qualify as budget turkeys.

The report notes that there is a proliferation of member projects, and for the third consecutive year, there have been over 1,600 local member projects with a price tag of $2.8 billion.

During the news conference, Kurt Wenner, senior vice president of research at Florida TaxWatch, said 2024 is the fourth year in a row that the Legislature has enjoyed huge budget surpluses generated by record-setting revenue growth.

“The benefit of all this spending has been significant,” Wenner said. “We’ve done historical investments in critical needs like infrastructure, the environment, health care… They’ve been able to do that while still continuing to cut taxes, reduce debt, and maintain sufficient reserves.”

However, Wenner said that budget turkeys and local member projects have gotten somewhat out of hand and noted that most of these are member projects.

“The state is spending a lot of money on local governments, even without member projects, so that raises the question: Should the state be funding these additional member projects that are truly local, especially when they might be more of a luxury than a necessity?” Wenner said.

Wenner said that Florida TaxWatch recommends that if the Legislature continues funding such projects moving forward, they must create more statutorily defined review processes.

Published May 29, 2024

Know your risk for blood clots before taking birth control

May 28, 2024 By Special to The Laker/Lutz News

In today’s evolving reproductive health landscape, informed decision-making about contraception is crucial, particularly for women affected by inherited blood clotting conditions or thrombophilia. Selecting the right birth control method is pivotal, say experts, who point to research that shows the risk for potentially life-threatening blood clots is 35 times greater among women with genetic clotting disorders who use estrogen-based contraceptives.

((c) monkeybusinessimages/iStock via Getty Images Plus)

Dynamic debate
Recent advances in technology and health care policies have fueled debate around screening for thrombophilia, a condition characterized by an increased tendency to develop blood clots, before starting estrogen-based contraceptives.

Current guidelines discourage universal thrombophilia testing, citing concerns such as costs and potential adverse psychological effects. Instead, selective screening, focused on individuals with personal or family histories of blood clots, is more likely to be embraced by the medical community. Also, concerns about unfair treatment by insurers or employers due to genetic disclosures underscore the complexities of this approach.

However, people in support of a more patient-centered approach to health care and this type of birth control decision-making stress the importance of identifying individuals at higher risk for blood clots.

Patient-centered approach
Each year, many hundreds of women in the United States alone lose their life due to blood clots linked to estrogen-based contraception, as studies demonstrate. Advocates for genetic testing emphasize its role in facilitating personalized health care decisions, potentially reducing the incidence of clot-related fatalities, and empowering women with information and a more patient-centric approach to reproductive health care.

Cost considerations remain a significant factor, but for many, the value of preserving health and saving lives far outweighs financial concerns. While insurance coverage for genetic testing varies, studies show a willingness among women to bear screening costs, underscoring the importance of informed decision-making.

Despite the perceived low absolute risk for blood clots among individuals with genetic clotting disorders, personal factors must be considered. Tailored approaches to contraceptive decisions, guided by individual risk profiles, may be warranted, especially in certain populations with higher rates of genetic clotting disorders.

For individuals with genetic thrombophilia, contraceptive options such as copper IUDs or progestin-only pills offer effective alternatives without increasing clotting risks. Prioritizing safety and effectiveness is paramount in contraceptive decision-making.

While genetic testing may cause some level of anxiety or concern, studies indicate that most individuals do not regret pursuing testing. Knowledge empowers individuals to make proactive decisions about their health, outweighing potential psychological burdens.

Genetic disclosures
Understanding the implications of genetic disclosures on insurance and employment can inform decision-making processes, though these concerns may rightfully deter some individuals from pursuing testing.

Women interested in pursuing genetic testing should talk with their health care provider about their testing options. Genetic counselors can also provide valuable help. Women considering their contraception options and interested in learning more about genetic testing can get more information from the Rowan Foundation at AlexRowanFoundation.org.

Empowering women
Genetic testing holds the promise of empowering women to engage in informed discussions with health care providers, fostering shared decision making in reproductive health care. Informed choices, guided by genetic information, may pave the way for more personalized and patient-centered care.

-StatePoint

Published May 29, 2024

10 great summer sports and recreation activities

May 28, 2024 By Special to The Laker/Lutz News

(Kevin Turcios/Unsplash)

Summer is the perfect time to enjoy a variety of sports and recreational activities. Whether you’re looking to stay active, enjoy the outdoors, or try something new, there are plenty of options to make the most of the sunny season. Here are the top 10 summer sports and recreation activities to consider:

  1. Swimming
  • Why it’s great: Swimming is a full-body workout that’s easy on the joints and suitable for all ages. It’s a fantastic way to cool off during hot summer days.
  • Where to do it: Local pools, lakes and beaches. Many communities offer swimming lessons and water aerobics classes.
  1. Hiking
  • Why it’s great: Hiking allows you to explore nature, enjoy scenic views and get a good cardiovascular workout. It can be as challenging or as easy as you like.
  • Where to do it: National parks, local trails and nature reserves. Bring plenty of water and wear appropriate footwear.
  1. Cycling
  • Why it’s great: Cycling is excellent for cardiovascular health and can be done alone or with friends and family. It’s also an eco-friendly way to explore your surroundings.
  • Where to do it: Bike trails, city parks and along scenic routes. Consider participating in a local cycling event or charity ride.
  1. Beach volleyball
  • Why it’s great: This social sport improves agility, hand-eye coordination and teamwork. Plus, it’s a great way to spend time at the beach.
  • Where to do it: Public beaches with volleyball courts or local recreation centers. Many beaches have nets set up for public use.
  1. Kayaking and canoeing
  • Why it’s great: Paddling is a great upper-body workout that also allows you to enjoy waterways and nature from a different perspective.
  • Where to do it: Rivers, lakes and coastal areas. Rent equipment from local outfitters or join a guided tour.
  1. Running
  • Why it’s great: Running is a versatile and effective way to stay fit. You can set your own pace and distance, making it accessible for beginners and seasoned runners alike.
  • Where to do it: Parks, trails and neighborhood streets. Consider signing up for a local 5K or fun run.
  1. Stand-up paddleboarding (SUP)
  • Why it’s great: SUP offers a full-body workout, improving balance and core strength while allowing you to enjoy the water.
  • Where to do it: Calm lakes, bays and coastal areas. Many places rent paddleboards and offer beginner lessons.
  1. Tennis
  • Why it’s great: Tennis is a fast-paced sport that enhances coordination, speed and agility. It can be played competitively or just for fun.
  • Where to do it: Local tennis courts at parks or recreational facilities. Many places offer lessons and leagues for various skill levels.
  1. Golf
  • Why it’s great: Golf provides low-impact exercise and can be a relaxing way to enjoy the outdoors. It also challenges your mental focus and strategy skills.
  • Where to do it: Public and private golf courses. Many courses offer beginner clinics and practice ranges.
  1. Rock climbing
  • Why it’s great: Rock climbing builds strength, endurance and problem-solving skills. It can be done indoors at climbing gyms or outdoors on natural rock formations.
  • Where to do it: Climbing gyms for indoor climbing or local climbing spots for outdoor adventures. Consider taking an introductory class if you’re new to the sport.

Tips for staying safe and healthy

  • Stay hydrated: Drink plenty of water before, during and after physical activity, especially in hot weather.
  • Use sun protection: Apply sunscreen, wear a hat and use sunglasses to protect against harmful UV rays.
  • Warm-up and cool down: Incorporate stretching and light exercises to prevent injuries and improve performance.
  • Know your limits: Listen to your body and avoid overexertion, particularly in extreme heat.

Embrace the summer season by trying out these activities and discovering new ways to stay active and enjoy the outdoors. Whether you’re hitting the trails, paddling on the water or playing sports with friends, there’s something for everyone to enjoy.

Published May 29, 2024

Saint Leo men’s tennis advances to semifinals

May 28, 2024 By Special to The Laker/Lutz News

(Courtesy of Saint Leo University)

The top-ranked Saint Leo University men’s tennis team defeated Wayne State University 4-0 at the 2024 NCAA Division II National Championship quarter finals on May 22, advancing to the national semifinals. Their next opponent had not yet been determined at The Laker/Lutz News’ press deadline. More information and scores can be found at SaintLeoLions.com/sports/mens-tennis.

Top spots for outdoor workouts

May 28, 2024 By Special to The Laker/Lutz News

Fitness website Lift Vault released a poll of fitness enthusiasts that ranked the top 150 outdoor fitness spots in the country, which they describe as “destinations offering breathtaking views that elevate the fitness experience,” according to a news release.

The top five spots are:

  1. Chautauqua Park, Boulder, Colorado
  2. Lake Tahoe Nevada State Park, Nevada
  3. Acadia National Park, Mount Desert Island, Maine
  4. Olympic Discovery Trail, Olympic Peninsula, Washington
  5. Glacier National Park, Montana

Three Florida spots made the list:

  1. Fort De Soto Park, Tierra Verde
  2. Everglades National Park, South Florida
  3. Bill Baggs Cape Florida State Park, Key Biscayne

The full list can be found at liftvault.com/scenic-sweats.

Best soccer cities

May 28, 2024 By Special to The Laker/Lutz News

The personal-finance website WalletHub released its report on the Best Cities for Soccer Fans in 2024, comparing 300 U.S. cities with at least one college or professional soccer team across 52 key metrics, including minimum season-ticket price and performance on the pitch, according to a news release. Here are the top 20 cities:  

  1. Los Angeles, California
  2. Seattle, Washington
  3. Portland, Oregon
  4. Salt Lake City, Utah
  5. Orlando
  6. Washington, D.C.
  7. Kansas City, Missouri
  8. New York, New York
  9. Atlanta, Georgia
  10. St. Louis, Missouri
  11. Miami
  12. Cary, North Carolina
  13. Cincinnati, Ohio
  14. Houston, Texas
  15. Nashville, Tennessee
  16. Columbus, Ohio
  17. St. Paul, Minnesota
  18. Philadelphia, Pennsylvania
  19. Boston, Massachusetts
  20. San Jose, California

For the full report, visit WalletHub.com/edu/best-worst-cities-for-soccer-fans/14207.

Business Digest 05/29/2024

May 28, 2024 By Special to The Laker/Lutz News

Leading Ladies networking event
The North Tampa Bay Chamber Leading Ladies Network hosts a networking event at Florida Avenue Brewing, 2029 Arrowgrass Drive, Wesley Chapel, in the private event room, from 9 a.m. to 10:30 a.m., on the first Friday of each month. The next session will be June 7 and features author and motivational speaker Kiera Yore. Admission is $15 per person.

RISE ribbon-cutting
The North Tampa Bay Chamber will host a ribbon-cutting ceremony and grand opening for RISE Dispensary, 28053 Wesley Chapel Blvd., Wesley Chapel, on June 7 from 11 a.m. to 1 p.m. The event is free to attend and will feature swag and food to the first 100 patients.

Career resource workshop
The University of Florida, Institute of Food and Agricultural Sciences (UF/IFAS) will host a free career resource workshop at the One Stop Shop (formerly the Stallings Building), 15029 14th St., Dade City, on July 11 from 3 p.m. to 4:30 p.m. For more information and to register, visit https://www.eventbrite.com/e/career-resources-workshop-tickets-810169999277.

Suncoast launches treasury management
Florida’s largest credit union Suncoast Credit Union is partnering with Tru Treasury, a treasury management provider, to launch treasury management services. Its suite of commercial products and services includes automated clearing house, remote deposit capture, and fraud prevention tools, according to a news release. For more information, visit Suncoast.com/treasury.

SBDC performance award winners
The Florida Small Business Development Center (SBDC) at University of South Florida (USF) announced on May 15 its 2024 performance award winners at the 2024 Florida SBDC at USF Annual Business Award, according to a news release. The winners were:

  • Team Spirit of the Year: Jenée Skipper
  • Performance Excellence Award: Yolanda Goodloe
  • Resource Partner of the Year: Michael Carlisle, Alternative Tax Services
  • Graduate Student Team Project of the Year: Dinner Done!
  • Undergraduate Student Team Project of the Year: Optimal Moments. LLC

For more information about the SBDC, visit SBDCTampaBay.com.

County Road 52 to be closed beginning June 5

May 24, 2024 By Special to The Laker/Lutz News

Pompanic Street is closed for roundabout construction from south of Pennsylvania Avenue to CR 52. (Courtesy of Florida Department of Transportation)

The intersection of County Road 52, Pompanic Street and College Avenue in San Antonio is scheduled to close beginning the afternoon of June 5 (NOTE: original date of May 28 had been postponed) around-the-clock, to all CR 52 thru-traffic, according to a Florida Department of Transportation news release. The closure is needed for continued construction of a new roundabout at the intersection.

It is expected to reopen in approximately mid to late August, weather permitting, the release says.

Motorists will detour around the closed area of CR 52 using State Road 52 between Curley Road and Prospect Road.

There also are local detours in place for Pompanic Street and College Avenue, as these road currently do not have access to CR 52.

To access downtown San Antonio from CR 52, drivers can use Curley Street or Joe Hermann Drive.

More project information and map are available online at https://tinyurl.com/32r7pjn7.

Published May 24, 2024

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