Winning back the Saturday Evening Post account’s three magazines helps offset yet another loss for Palm Coast Data as All American Crafts, which published 11 niche magazines, stopped all publishing in August and declared bankruptcy, with $7.5 million in debts.
Jobs & Unemployment
U.S. Unemployment Drops to 5.8% as Economy Adds 214,000 Jobs, Maintaining Average
The nation’s unemployment rate dropped to 5.8 percent in October, a level last seen in July 2008, when the rate was rapidly rising, and the economy added 214,000 jobs, continuing a steady if somewhat slow recovery.
Flagler Posts Biggest Single-Month Unemployment Drop Since Recession, to 8.4%, as 474 Residents Gain Jobs
Flagler County still has the second-highest unemployment rate in the state, but September was a banner month for the county’s economic health in almost every regard.
Family-Owned Beutlich Pharmaceuticals Bringing 25 to 30 Jobs to Flagler by January
Beutlich Pharmaceuticals, a family-owned pharmaceutical company based in Waukegan, Ill., is moving to a 20,000 square-foot warehouse in Bunnell, where it expects to hire 25 to 30 people. The company will operate locally by January 2015.
Despite Big Economic Impact, Flagler Beach Mostly Snubs Groundbreaking to Double Gamble Rogers Park’s Camping Sites
There were more top state and county officials than Flagler Beach officials at today’s groudbreaking at Gamble Rogers State Park, an echo of the city’s failed attempt to change the name of the recreation area back to Flagler Beach last month.
Pro Sports Plus on Palm Coast Parkway Closing After 17 Years
After 30 years in the sporting goods industry, Bo Ankrom has decided to close the doors of his sporting goods store, Pro Sports Plus that has been in Palm Coast since 1997.
Unemployment Falls to 5.9% as Economy Adds 248,000 Jobs, Brightening Outlook
After nine months in the 6 percent range, the national unemployment rate in September fell to 5.9 percent, reaching a level last seen in July 2008, when it was rising fast.
In a First for Flagler Schools, Student-Staffed VyStar Bank Branch Opens at Matanzas, Heralding Era of Business Partnerships
The opening of a nearly full-service VyStar Credit Union branch at Matanzas is part of a class, and part of the school’s–and the district’s–flagship programs, intended to bridge school and careers with hands-on opportunities.
Florida Sheds 4,000 Jobs and Unemployment Rate Ticks Up to 6.3%, Also Rising in Flagler
In Flagler County, the unemployment rate went up to 9.5 percent, the number of people with jobs fell by 207, and the labor force, an indicator of local economic vitality, fell by 186 after rising in previous months.
1st Quarter Revenue at Palm Coast Data Falls 13%, But CEO Paints Brighter Picture Ahead
Revenues from the company’s Media Services businesses, which include Palm Coast Data’s Subscription Fulfillment Services, fell from $20.3 million for the first quarter of 2014 to $17.5 million in the 1st quarter of fiscal year 2015. CEO Rory Burke said the company is “not teetering on the brink of disaster.”