Flagler County’s unemployment rate in October was 5.7 percent, down a statistically insignificant decimal point from the previous month, and consumer confidence statewide again dropped in a reflection of the sharply worsening covid pandemic locally and statewide.
job creation
Coronavirus Kills Longest Economic Expansion On Record With 701,000 Job Loss in March, Much Worse to Come
The longest economic expansion on record, a 113-month streak that netted 22 million jobs between October 2010 and February 2020, is over. The economy shed 701,000 jobs in March and the number of unemployed persons grew by 1.4 million.
Economy Adds 130,000 Jobs, Extending Streak to 107 Months, Keeping Unemployment at 3.7%
Job growth has averaged 158,000 a month this year, below the average monthly gain of 223,000 in 2018. August’s employment gain was helped by the federal government’s hiring of 25,000 temporary census workers in preparation for the 2020 census.
3.5% Unemployment Rate Is Lowest Since 1969 as Economy Adds 263,000 Jobs
Wages again increased by 6 cents. Over the year, average hourly earnings have increased by 3.2 percent, well exceeding the 1.6 percent rate of inflation, which means that the difference lifts the net standard of living.
Palm Coast Approves Incentives for Mail-Order Firm to Merge California Operation Locally
CP Performance has been operating off Hargrove Grade and from near Santa Rosa, Calif., but will merge its operations at its Palm Coast facility, enlarging it and adding 20 jobs over the next five years.
Unemployment Rate At 3.7% Approaching 50-Year Low as Economy Adds 250,000 Jobs
It is the longest uninterrupted expansion since before the Great Depression. The average monthly gain this year has been just over 210,000 jobs, equal the average monthly gains of the last two Obama years.
Flagler Unemployment Settles Below 4% in Echo of Pre-Recession Vigor, Labor Force at New High
The Flagler labor force hit a new high of 47,204, up 600 compared to a year ago. Of those, 45,423 residents are holding jobs either in the county or out of the county.
Flagler and Florida Unemployment in Holding Pattern For Seventh Month In a Row
Flagler’s unemployment rate is at a healthy 4.1 percent, where it’s been, give or take a few decimal points, for seven months, with the state’s unemployment mirroring the holding pattern.
Flagler County’s Employment Grows by 1,500 Over a Year of Steady Growth
Flagler County’s unemployment rate in December fell to 4 percent, down from a revised 4.3 percent, and was down a healthy 1.4 points for the year.
Flagler’s 4.2% Unemployment and Steady Housing Numbers Point to a Healthy Year
Flagler County and Florida are ending the year on an economic high note, with unemployment in the county at 4.2 percent, down from 5.6 percent a year ago.