Flagler County added more than 600 people to its labor force, yet again breaking a record and grazing the 50,000 mark, out of a population of more than 115,000. The figures don’t distinguish between full time and part-time work.
Jobs & Unemployment
Flagler County’s Unemployment Rate Falls to Record Low of 2.6%, Beating Housing and Pre-Pandemic Booms
In the two previous booms on record, Flagler’s unemployment rate had fallen to a low of 3.6 percent in December 2005, at the crest of the housing boom, before starting to rise the following year. In the late 1990s boom, the county’s unemployment hit 2.7 percent in September 1999 (when 486 people were unemployed), until now the lowest rate recorded.
A Recession Ahead Is Likelier Than a Soft Landing
By raising interest rates, the Fed is hoping to achieve a “soft landing” for the U.S. economy, taming inflation without causing unemployment to rise or triggering a recession. Research suggests that engineering a soft landing is highly improbable and that there is a significant likelihood of a recession in the not too distant future.
‘Every Day Feels Unsettled’: Educators Decry Staffing Shortage
A shortage of teaching staff affects every student. One principal explained that learning stalls when “students in classes with revolving subs may spend the hour playing video games with no structure or learning happening.” Administrators describe waking up with dread knowing they’ll have to scramble to find coverage for absent staff.
Waste Pro Offering $2,000 Bonus for New Drivers at Hiring Drive Saturday
Waste Pro, the garbage hauler that’s provided trash and recycling services in Palm Coast and unincorporated Flagler County since 2007, is holding a hiring drive Saturday (April 16) at its Bunnell plant and offering $2,000 signing bonuses to new drivers. The bonus is paid out in installment over the first year of employment.
Flagler County Talks Up Affordable Housing Even as Lawmakers Yet Again Raid Dedicated Fund of $100 Million
The Flagler County Commission this morning approved a proclamation and heard a presentation on the county’s affordable housing efforts, coinciding with revelations last week that the Legislature again broke a promise not to raid the state’s 30-year-old affordable housing trust fund and use its money for other purposes, short-changing needs across the state.
Stetson University Announces Across-the-Board Raises, Including $15/hr Minimum
The university is providing a dollar-per-hour increase for all eligible bi-weekly, non-exempt, full- and part-time employees, and an across-the-board, annual pay increase of $1,800 for eligible full-time, monthly, exempt employees.
Confirmed: BJ’s Wholesale Club Is Lined Up for Palm Coast on SR 100 Near County Airport
In a deal close to completion, BJ’s Wholesale Club will build a 103,000 square foot store on SR100, with two restaurants, a gas station, a tire store and a few other businesses. Jay Gardner, the Flagler County property appraiser, who owns the land, confirmed the development on Friday, as did regulatory documents before the county planning division.
Florida’s Employment Level Falls Back to Pre-Pandemic Level; Flagler’s Revised Unemployment Jumps to 3.9%
The number of Flagler County residents with jobs–46,902–is almost 1,000 greater than it was in January 2020, just before the pandemic caused widespread job losses. Flagler County’s labor force, at 48,779, is still shy of the record set in 2021, when it hit 49,000 in October.
Economy Adds 678,000 Jobs, Lowering Unemployment to 3.8% and Nearing Pre-Covid Levels
The economy added 678,000 jobs in February, the largest one-month gain since March 2021, lowering the unemployment rate to 3.8 percent and nearing pre-Covid employment level of 3.5 percent, when 5.7 million people were unemployed. In February, 6.3 million were unemployed. The economy still has 2.1 million jobs to recover before matching pre-covid employment, however.