Economy

(The Center Square) — According to data from the Kaiser Family Foundation, more than one million people have lost their Medicaid coverage nationally and Florida had the most who are no longer eligible for benefits.

According to data from KFF — a nonprofit that focuses on health policy and conducts its research and polling — at least 1.35 million people, spread across 22 states, lost their Medicaid coverage as of Tuesday based on the latest available data.

(The Center Square) — Florida’s unemployment rate has fallen to a near-record low and Gov. Ron DeSantis announced that Florida has the lowest unemployment rate among the top 10 largest states in the U.S.

"Through strong economic policy and strategic investments, Florida is outperforming the nation and providing more opportunity for its citizens, resulting in more than 200,000 new business formations this year alone and an unemployment rate near an all-time low." DeSantis stated in a news release.

(The Center Square) — Data shows that despite lingering inflation, Florida’s economy is excelling.

The latest data from the Florida Office of Economic and Demographic Research shows tax revenues are up and federal data reveals the Sunshine State had the nation’s 10th lowest unemployment rate.

By: American Hotel Association (AHLA)

Survey: 79% of hotels report staffing shortages

WASHINGTON (Feb. 27, 2023) – As nearly 80% of hotels experience staffing shortages, hoteliers are offering potential hires a host of incentives to fill vacancies, according to a new survey of hoteliers conducted by the American Hotel & Lodging Association (AHLA).

By Bethany Blankley | The Center Square contributor

(The Center Square) – Despite Gov. Gavin Newsom’s invitation to Floridians to move to California ahead of the November election, California businesses continue to leave, and increasingly to Florida.

CRYSTAL RIVER, Fla. (Aug. 15, 2022) – Tripadvisor®, the world’s largest travel guidance platform, announced the winners of its coveted Travelers’ Choice® Best of the Best Things to Do Awards earlier this summer, with the Explorida Manatee Swim Tour in Crystal River, Florida, voted the No. 10 Top Bucket List Experience in the world.

c/net Money -- A handful of closely followed mortgage rates climbed up April 13. as 15-year fixed and 30-year fixed mortgage rates both grew. We also saw an upward trend in the average rate of 5/1 adjustable-rate mortgages. 

Mortgage rates have been slowly rising since the start of this year, and are expected to increase throughout 2022.