Because of this resurgence, many states are pausing plans to reopen and some are reimposing restrictions. But these restrictions are not the reason the economy is slowing. They are the necessary consequence of allowing the pandemic to get out of control.
Economy
Sea Ray Boats’ Palm Coast Plant Shutting Down in Major Blow to 440 Workers
Palm Coast’s Sea Ray Boats plant, one of the top five employers in the county, with some 440 employees, is shutting down as Brunswick corp. abandons the yacht line.
Franklin D. Roosevelt’s Second Bill of Rights: For Workers
At the end of his last State of the Union message to Congress in 1944, Franklin Delano Roosevelt outlined an ambition plan for a “Second Bill of Rights” to ensure “”economic security and independence.”
Hitting New Post-Recession Low of 4.8%, Flagler’s Unemployment Now Matches Florida’s
The number of unemployed in Flagler county fell sharply in March, from 2,482 to 2,214, a drop of 268, an impressive 11 percent decline, with work activity especially pronounced in construction.
Palm Coast Data Parent Posts $10.4 Million Loss, Biggest Since 2009 as Revenue Drops
The losses bode poorly for Palm Coast Data, which at one point a decade ago was the city’s largest private employer. Its parent company’s revenue is now almost synonymous with its own, and it’s a fifth of what it was 10 years ago.
Pessimism Creeping Into Floridians’ Consumer Confidence as Index Declines
Consumer confidence among Floridians remained in August at 77, the same as the July after that number was revised downward, the University of Florida’s Bureau of Economic and Business Research reported today. Three of the five components that make up the index declined while two increased, suggesting increased pessimism.
Unemployment Lines: Throngs Turn Up for 220 Jobs at Red Lobster and Olive Garden
More than 1,000 applicants–about a fifth of the county’s total unemployed–were expected on Wednesday alone, the first day of hiring at the two new restaurants, in an sign of enduring economic hardship.
Census: Flagler’s Population Stalls at 91,600; 28% of Housing Units Vacant; Poverty Rising
The 2009 population figures mean that Flagler will almost certainly not cross into six-figure territory when decennial census figures are announced. Figures on housing, income, poverty and insurance were also released.
Income, Employment and Labor Data for Flagler County and Palm Coast, 2009 Census Bureau Community Survey
Detailed, charted table of the Census Bureau’s employment, income and labor data for Flagler County and Palm Coast, 2009 American Community Survey.
Population and Demographics Data for Flagler County and Palm Coast, 2009 Census Bureau Community Survey
Detailed, charted table of the Census Bureau’s population and demographics data for Flagler County and Palm Coast, 2009 American Community Survey.