Millions of people continued to lack electricity as cleanup work expected to reach into the billions of dollars began in the wake of deadly Hurricane Irma.
Jobs & Unemployment
Unemployment Ticks Up to 4.4% as Job Creation Slows to 156,000 and Wages Lag
Where it matters most, in wages, workers are not seeing improvements even as the economy recorded its 83rd straight month of job growth. Corporate profits remain healthy.
Flagler Unemployment Steady at 4.8%, Florida Adds 32,000 Jobs As Labor Force Grows
Compared to June, Flagler’s labor force didn’t budge, nor did the number of people with jobs, nor did the number of unemployed persons.
Economy Adds 209,000 Jobs in 82nd Straight Month of Growth, Unemployment at 4.3%
The unemployment rate was last this low in 2001, at the end of the Clinton boom, though wages have only recently started to improve at a pace ahead of inflation.
40% of Sea Ray Boats’ Workforce in Flagler Affected By Layoffs and Furloughs
Some 90 employees have been laid off and 130 furloughed out of a workforce of 560 at the Sea Ray Boats plant off Colbert Lane even as manufacturer’s parent company posts strong earnings in the second quarter.
Flagler Unemployment Ticks Up But Remains Below 5%, Florida’s Hits Post-Recession Low
Flagler County’s unemployment rate ticked up three decimal points to 4.8 percent in June as the labor force shrank a little and the unemployment rolls grew.
Flagler’s Unemployment Stays at 4.5% as Number of People With Jobs Hits Record 44,000
The number of unemployed persons–2,065–was essentially unchanged compared with April, but it’s down by 250 people from a year ago. The Florida unemployment rate fell to 4.3 percent.
CareerSource Flagler Volusia, Which Helps Unemployed, Will Lose 10% of Its Workforce
A $1 million cut to CareerSource’s budget is due to lower unemployment, but an agency official notes that underemployment remains a steep challenge, and further cuts may be on the way.
Prohibition-Era Liquor Wall Stays in Place as Gov. Scott Vetoes Bill to Deregulate Stores
ABC Fine Wine & Spirits and Publix win, Target, Costco and Walmart lose, as Gov. Scott, opposing deregulation, signs his first veto of the year.
Time Is Running Out For “Repeal and Replace” As Scandal and Summer Loom
Budget procedures, the fact that half the states’ legislatures have already adjourned is making it almost impossible for Congress to fit repeal of the Affordable Health Act just yet.