Jacksonville Record & Observer 5/28/20

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May 28-June 3, 2020

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JACKSONVILLE

Record & Observer THE CORONAVIRUS PANDEMIC

11.2%

JACKSONVILLE

Forcura to add 115 jobs, expand HQ

Record Observer UNEMPLOYMENT&SURGE: SERVICE JOBS HURT MOST Record & Observer

The Jacksonville company will receive city and state incentives approved by City Council as Project Graph.

JACKSONVILLE

The impact of COVID-19 on the Jacksonville metropolitan area (Duval, Baker, Clay, Nassau and St. Johns counties) struck with full force in April. Here is how the individual job sectors fared from March to April, with construction gaining and accommodation and food services doing the worst. Total nonagricultural jobs

JACKSONVILLE

JOBLESS RATE BY COUNTY From March to April, unemployment in the Jacksonville region rose from 4.3% to 11.2%.

BY KATIE GARWOOD STAFF WRITER

Jacksonville-based Forcura announced May 27 it will add 115 jobs by the end of 2022 and open a new headquarters in the city with help from an economic development agreement, which City Council unanimously approved in March. Forcura is a health care technology company that enables safer patient care transitions along the care continuum. It will receive taxpayer-backed incentives from the city and DeSantis state. “Congratulations to Forcura on their selection of Jacksonville for their new corporate headquarters,” Gov. Ron DeSantis said in a JAX Chamber news release. “Florida continues to be a leader in economic opportunity and innovation because of our business-friendly environment and talent pipeline. Companies like Forcura recognize this because they are confident they have opportunities for growth,” he said. According to a city Office of Economic Development project summary, the company, codenamwd Project Graph, requested $690,000 in incentives. It will receive a $6,000 refund per job.

Record & Observer

Total Jobs

Jobs lost

Overall 654,700 77,400 Goods-producing jobs Total Jobs

%Change 10.6%

County March April Baker 4.1% 7.6% Clay

4.2% 10.2%

Duval

4.5% 11.3%

Nassau 4.1% 12.4%

Jobs lost or gained

%Change

Overall 77,000 2,300

2.9%

Construction 46,000 200

0.4%

Manufacturing 30,500 2,500

7.6%

St. Johns 3.7%

11.6%

4.3%

Service-providing jobs

Total Jobs

Jobs lost

%Change

Overall 577,700 75,100

11.5%

Retail trade

9.5%

72,600

7,600

Transportation, 40,900 7,000 warehousing, utilities

14.6%

Financial activities

65,700

2,500

3.7%

Professional and business services

105,800

8,300

7.3%

Accommodation 42,800 29,700 and food services

41.0%

Government 77,000 1,900

2.4%

Source: U.S. Department of Labor, Bureau of Labor Statistics, prepared by the Florida Department of Economic Opportunity Bureau of Workforce Statistics and Economic Research

March

April

SEE FORCURA, PAGE 4

What’s Trending: Free $2,000 debit cards for businesses PAGE 2 Marbut Report: Cobb & Gonzalez moving next door PAGE 7 Top 10 home sales of the week: Golf course view for $5.2M PAGE 8

THE BASCH REPORT

Occupancy rebounding at One Ocean Resort Owner says bottom was in mid-April . PAGE 6 VOLUME 2, NO. 52 • ONE SECTION


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