Simply put, the housing stock in Flagler County and Palm Coast is inadequate to suit the needs of the bottom half of the earnings ladder, and that bottom half has nothing to do with “Section 8,” argues Toby Tobin.
Jobs & Unemployment
Leisure and hospitality job gains led the way in 2018, with an increase of 45,800 jobs statewide, while Flagler’s labor force and number of people with jobs set new records.
The December jobs report suggests that despite big drops in the stock market and a slowing housing sector, fears of a recession may be premature.
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.
Attorney General Pam Bondi claims a state law bars Miami Beach from gradually increasing its minimum wage to $13.31 an hour in 2021. The case also has drawn attention from local governments, which have sided with Miami Beach.
Some 200 people were added to Flagler’s unemployment rolls but in a sign of continuing health the workforce is expanding and is 1,000 workers larger than a year ago.
Palm Coast’s emerging African American Entrepreneurs Association will use the agreement with the SBA to foster more capital and business education for minorities.
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.
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.
Superintendent Jim Tager, Flagler Technical Institute Director Renee Stauffacher, and Daytona State College President Tom LoBasso were the featured speakers an education breakfast.