Mediocre: it’s the The best that can be said about the unemployment report for July as the economy added 209,000 jobs, about 20,000 jobs short of expectations, and the unemployment rate edged up to 6.2 percent, from 6.1 percent the previous month.
Jobs & Unemployment
Palm Coast Data Lost 70% of Clients in 6 Years; Parent Company Posts $2.9 Million Loss for ’14
Palm Coast Data now performs subscription fulfillment services for 405 magazine titles representing 90 clients, down from 1,050 magazines and 300 clients when it inked a deal with Palm Coast government in 2008 to stay in the city and pledge to increase the workforce by 700. That increase never took place.
Consumer Confidence in Florida Hits Another Post-Recession High as US Economy Grows 4%
The consumer-confidence report coincides with the Department of Commerce’s report Wednesday morning that the national economy grew at a brisk annual 4 percent rate in the second quarter, compared to a shrinking of 2.1 percent in the first quarter.
In a Boon to Flagler, National Guard Will Bring “Hundreds of Troops” to County Airport in Long-Term Lease Agreement
The Army National Guard’s 10-year lease agreement with Flagler, to be revealed to the County Commission Wednesday, fills a 19,000-square-foot building at the airport, for $15,185 a month, after the county saw four tenants in eight years fail to make good on their leases there.
Flagler Unemployment Ticks Up For 2nd Straight Month, Masking Vast Improvements
Despite traditional unemployment figures, the jobs situation in Flagler County is vastly improved, and continues to improve, with a 38 percent drop in people without jobs since four years ago and a labor force stronger by 3,000.
Florida Giving Up 63,800 Jobs By Rejecting Federal Medicaid Expansion
Florida has not accepted the offer of federal funds — estimated at $51 billion over a decade — provided in the Affordable Care Act to cover uninsured people who fall into a gap. Florida has about 850,000 of them.
288,000 New Jobs in June Add Up to 2.5 Million This Year, Most in Eight Years
Unlike in previous months, the bright jobs picture in June was the result of more people getting jobs and fewer people losing them–as opposed to more people dropping out of the labor force.
Flagler Unemployment Ticks Up to 8.6% as Labor Force Surges By 2% And Jobs Increase
Flagler’s unemployment rate in May ticked up slightly to 8.6 percent, from 8.3, but the increase was largely due to a large influx of workers into the labor force, which grew by 727 people over the month, or 2 percent, to 36,068. Flagler County residents with jobs increased by 550, a 1.7 percent improvement over the previous month, for a total of 32,952 people with jobs.
Staving Off a Major Blow, Palm Coast Data Settles With German Publisher, Extending Relationship
Heinrich Bauer LLC, one Palm Coast Data’s major clients, released some claims on the company in exchange for more than 10 percent of the company’s stock and a pledge to stay with Palm Coast Data through 2018. The alternative would have represented a significant blow to Palm Coast Data, which has already been weakened by successive losses over the years.
Flagler Economic Development Department’s Job Fair Draws 400 Applicants and 36 Employers
Job seekers filled the parking lot and stood in a line that spilled out into the hallway of the Flagler County Emergency Operations Center Thursday as company representatives were busy at tables speaking with potential employees and accepting resumes.