The three-month tally of 605,000 jobs is the best three-month total in almost two years, though the unemployment rate still went up by a decimal point, to 7.3 percent as the labor force shrank by 720,000 in October, a reflection of the government shutdown.
Jobs & Unemployment
The Other Disastrous Government Website: Florida’s Unemployment Portal Still Kicking Users
The state’s new, but troubled $68 million unemployment website, intended to provide a more modern, user-friendly method of access for people who receive benefits, has instead been a nightmare for many of its 200,000 users and may have a few months to go before it’s fixed.
Palm Coast Getting Fleeced of Red-Light Camera Dollars, Harming Local Economy
In September, the 43 red-light cameras in Palm Coast generated $255,740 in fines, what would work out to an annual total of $3 million. The state and ATS, the private company running the system, took more than seven times the revenue share left Palm Coast, which means that the overwhelming majority of the money is leaving the local economy.
Unearned Audacity: On Economic Development, Flagler Tells Voters to Drop Dead
State law requires Flagler County to ask voters permission in a referendum, every 10 years, to give new companies tax subsidies. The Flagler County Commission wants to trash that law and let a supermajority of four commissioners make the decision for voters instead. It’s the latest example of a commission more enamored of its power than in tune with voters.
Pantry Alert: Cuts in Food Stamps Benefits Will Affect 3.6 Million Floridians Staring Nov. 1
Florida’s food hardship rate is more than 21 percent, meaning that one in five Florida households reported that in the past year they struggled to buy enough food for the family. The state is one of the hardest-hit for food security.
Shutdown-Delayed Unemployment Report: Rate Down to 7.2% But Only 148,000 New Jobs
The September unemployment report due on Oct. 4 was released only at 8:30 this morning, delayed by the 16-day government shutdown. But it could have been predicted, as it follows the pattern of most reports of the past three years: anemic job growth, very slow decline in the unemployment rate, and checkered signs of improvement (or retreat, depending on your point of view) ahead.
A Tiff, and Broader Implications, In County’s Hope of Eliminating Voter Voice in Economic Development
In a reflection of government-backed economic development’s dim luster, Flagler County want to eliminate voters’ role in giving local governments authority to extend tax breaks to companies. That proposal led to a clash Monday between government critic Dennis McDonald and Commissioner Barbara Revels.
Despite Slight Fall in Unemployment Rate, Flagler and Florida Lose Jobs in August
Florida’s unemployment rate fell a fraction, to 7 percent, in August, and fell to 10.1 percent in Flagler County, but Florida actually lost a net 4,700 jobs in the past month, and Flagler lost a net 181 jobs as the workforce shrank significantly.
Immigration Reform’s Latest Cheering Section: Florida College and University Presidents
Florida college and university presidents are calling on Congress to pass immigration reform this year, saying it would be better for the state’s economy if foreign students could stay after graduation, instead of being forced to take their diplomas and leave.
Palm Coast Data Parent Warns Grimly: Don’t Expect “Profitability in Near Term Or at All”
In the most sobering annual report to investors to date, Palm Coast Data parent Amrep Corp. raises numerous questions about the long-term viability of its operations as debt, recurring losses and competition burden its prospects–and those of what was once Palm Coast’s largest private employer.