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.
Jobs & Unemployment
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.
Flagler County’s Unemployment Rate Tumbles to 8.3% in Sharpest Single-Month Improvement of Recovery
Flagler County’s unemployment rate fell a full percentage point in April, to 8.3 percent, the sharpest single-month improvement of the last five years’ recovery, as the number of unemployed people in the county dropped by 375 and the number of employed people climbed by 111. A drop of 264 in the labor force, however, also helped reduce the unemployment figure.
TALKiT, the New Palm Coast-Based Social Media App, Is Introduced to Economic Advisory Council
TALKiT, the innovative, Palm Coast-based social media application whose developers say will revolutionize the way individuals and institutions communicate in real time, got its formal introduction to the Flagler County Economic Opportunity Advisory Council Wednesday morning.
Joint Restaurant Experiment Ends as Palm Coast’s Red Lobster Closes and Olive Garden Grows Larger
Three years after Darden Restaurants opened a combined Red Lobster and Olive Garden restaurant at the Target shopping center, the company announced that it would close Red Lobster as it prepares to either sell or spin off the brand, which has been losing customers.
Unemployment Falls Sharply to 6.3% as Economy Adds Nearly 300,000 Jobs, But Labor Pool Shrinks
People are reentering the workforce, they’re applying for work, they’re finding jobs, with an economy in April adding more net jobs for the 50th consecutive month–ironically, one of the longest peace-time recoveries on record, following the Great Recession of 2007-08. But a huge number of people are also leaving the workforce. That has resulted in an unemployment report for April that looks very bright at first, but that dims somewhat when analyzed more closely.
Single-Family Home Permits Up 29% in 1st Quarter as Construction in Palm Coast Churns
Some 126 construction permits were issued for single-family homes in Flagler County in the first three months of the year, 88 of them in Palm Coast and 34 in the unincorporated part of the county.
Flagler Unemployment Creeps Up Again, to 9.4%, But Labor Force and Net Jobs Grow
Flagler County’s unemployment rate again rose in February, to 9.4 percent, a decimal-point increase over the previous month and some 80 more people went on unemployment. But The county’s overall employment went up sharply, by 364 (for a total of 31,976), and the county’s labor force went up even more, by 442–both signs of growing strength in the local economy as more workers seem encouraged to join the labor force, and more workers are actually finding jobs.
Unemployment Spike to 9.3% in Flagler Masks Larger Labor Force, More Job Creation and Flurry of Development Ahead
Flagler County’s January unemployment is up sharply from from 8.8 percent in December. but in a brighter sign, the county’s labor force also added some 400 people, there was a net gain of some 200 jobs, and numerous commercial, residential and government construction projects suggest that the county’s economy is brightening.
If It’s Economic Growth You Want, Raising the Minimum Wage Crushes Wall Street Bonuses Every Time
If the $26.7 billion Wall Streeters pulled in on their bonuses last year had instead gone to minimum wage workers, our economy would be expected to grow by about $32.3 billion — more than triple the $10.4 billion boost expected from the Wall Street bonuses.
Economy Adds 175,000, Reversing
Early Winter Plunge; Unemployment at 6.7%
Despite successive cold spells and snow storms in the east, the national economy added 175,000 jobs in February, reversing a two-month trend that saw job creation fall. The unemployment rate, however, ticked up a decimal point, to 6.7 percent.
Enterprise Florida’s Version of Economic Development: Lavish Perks at Steakhouses, Hotels and Yankee Stadium
Enterprise Florida, The state’s economic development agency, is under fire again. This time, a recent report highlighted lavish spending by its staff, which prompted a watchdog group to ask the governor to launch an investigation.
Permanent Temp Workers in the U.S. Are at the Mercy of Some of the Weakest Labor-Protection Laws in the West
“Permatemping’ cases highlight a lack of U.S. protections for temp workers., who are exposed to more dangers in return for far less job protection or benefits. Other countries limit the length of temp jobs, guarantee equal pay and restrict dangerous work.
Palm Coast’s Entrepreneur Night Taps Into a Diversity of Niches, Pollinating Local Business
In its two years on the Palm Coast business scene, Ky Ekinci’s monthly Entrepreneur Night has grown from a gathering of 20 people who knew each other to an event that consistently draws more than 100 people from all walks of business.
When a Senator Turns Anti-Union Goon: A Labor Defeat Reverberates Across the South
In light of the failed vote to unionize a VW plant in Tennessee, why should we care about the travails of labor unions in our country? Because, with no one in Washington able to effectively represent workers nationwide, unions are the only ones left to fight for a living wage.
Divisions Over Roving Vendors Again Place Flagler Beach’s Business Friendliness on Trial
How the Flagler Beach City Commission finally got to a restrictive ordinance on mobile vendors divided the commission and the town’s business community and again put a spotlight, fairly or not, on the commission’s attitude toward small business. The controversy illustrates an underlying strain between city and business that has not been resolved, and that goes beyond the roving vendor issue.
Florida Lawmakers Edging Toward Offering In-State Tuition for Some Undocumented Immigrants
A measure allowing some undocumented students to receive in-state tuition was easily approved Wednesday by a House subcommittee, but the bill still faces a steep climb in the Senate.
A Gas Station at the Corner of Pine Lakes and Wynnfield? Property Rights, Not Palm Coast, Would Prevail
The Palm Coast City Council says it is powerless to stop a Cocoa-based company from building a gas station at the until-now wooded corner bordering the entirely residential W-Section, as the site has always been zoned commercial.
How Obamacare’s Enemies Turned a Victory For Workers’ Freedom Into a “Job Killer”
The prediction that Obamacare will lead to the equivalent of 2.5 million fewer jobs has nothing to do with businesses cutting the workforce and everything to do with workers being finally free of job-lock, now that they don;t need to stay in a job to have health insurance. That’s a good, and very American, thing, not the job-killing catastrophe Obamacare’s enemies make it out to be.
Unemployment Falls to 5-Year Best 6.6%, But Job Creation Weakens to 113,000
The national unemployment rate continues its steady downward fall, to 6.6 percent in January–its best showing since the 6.5 percent rate recorded in October 2008, when it was on its way up–but for the second month in a row, job creation fell far short of expectations, to 113,000. It was a revised 75,000 in December, the worst successive two-month results in a year and a half.
Do You TALKiT? Palm Coast Venture Looks to Revolutionize Social Media With Voice App
TALKiT, a new app created by Palm Coast’s Curtis Ceballos and that will launch on Memorial Day, aims to give voice to texting and to revolutionize the social media landscape with an innovation that has no rivals as yet. The venture is catching the attention of Flagler County’s economic development department.
A Flagler Farewell to 2013: The Local Year in Review
A tornado, plane crashes and mishaps, Flagler County going bonkers for clunkers, a spate of murders in Palm Coast, Flagler Beach’s firehouse follies, Bunnell’s reality show: 2013 is ending not a moment too soon. But first, a review.
88,000 Floridians Lose Emergency Jobless Benefits Today as Congressional Deal Skirts By
The emergency benefits, begun in 2008 under President George W. Bush, were created to help unemployed workers who had exhausted their state jobless benefits during the economic recession. But about 1.3 million Americans’ unemployment checks weren’t part of the bipartisan budget deal passed by Congress last week and signed by President Obama on Thursday.
Deloitte Defends Work on Florida’s System for Unemployed as It Faces $15,000-a-Day Fine
The $62.8 million Connect system went live on Oct. 15 and continues to pose problems for many users and headaches for Florida officials. Deloitte Consulting contends its contract “has surpassed the performance of the unsustainable systems it replaced.”
Unemployment Falls Sharply to 9.2% in Flagler, But County’s Workforce is Thinner By 1,000 Over the Year
There were 92 fewer jobs in the county over the month, and 82 fewer unemployed people. But the labor force lost 174 people over the month, continuing a worrisome trend that has persisted for more than a year.
Employers Would Be Barred From Using Applicants’ Credit Reports or Firing Pregnant Women
The Florida Senate Commerce and Tourism Committee gave support to both proposals on Monday, even though a number of senators expressed concern about limiting an employer’s ability to use a credit history when judging a potential new hire for a non-financial or non-managerial role.
Unemployment Falls to 7%, Lowest Level in 5 Years, as Economy Adds 203,000 Jobs
The national unemployment rate fell to 7 percent in November, the lowest level since December 2008, when it was 6.8 percent. The economy added 203,000 jobs over the month, continuing relatively strong growth since summer despite the 17-day government shut-down in October.
Flagler Technical Institute:
Registration Open for Winter Term
Flagler Technical Institute is now accepting registrations for its career and technical programs for the Winter Term. Most classes will be held in the Flagler Technical Institute building at 1 Corporate Drive in Palm Coast.
School Enrollment Stabilizes But Remains Below Last Year’s, With Decreases Projected
As of the end of November, the district had 12,794 students. The good news is that the district saw enrollment rise for the past two months, but the number is still 100 students below last November’s, with projected declines of 1 to 2 percent between January and May, which may have ripple effects on the economy.
Florida Lawmakers’ Bugsy Fixation
We have become a nation of people who sue each other and serve each other hamburgers. Are we also to become a nation of croupiers and cocktail waitresses? Sadly, that seems to be the message our politicians are delivering as they bet more of Florida’s future on gambling.
State Website for Florida’s Unemployed Still Plagued By Flaws, Delaying Urgent Checks
Claims by jobless people that are flagged for investigation or are under appeal continue to be a major hurdle to correct. The Department of Economic Opportunity’s goal is to complete the remaining conversion issues by Dec. 20.
Flagler’s Unemployment Down to 9.4%, But Labor Force Is Shrinking; Florida’s Rate at 6.7%
Flagler’s lower unemployment rate is not being driven by an increase in the number of people with jobs, but by a significant decrease in the labor force, which has shrunk 4 percent over the year. The number of Flagler residents holding jobs declined by 343 between September and October, and by 821 people over the year.
What Government Shutdown? U.S. Economy Adds 204,000 Jobs, Beating Expectations
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.
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.
Aveo Engineering Set to Sign 40-Year Lease for Flagler County Airport Sites
Aveo Engineering, which plans to hire some 300 people by 2016, will pay $1,089 a month per acre, and intends to build two structures on up to a dozen acres at the south end of the airport, including a design and manufacturing plant.
Unemployment Rate Ticks Down to 7.3% But Job Creation Is a Hazy 162,000
The 7.3 percent unemployment rate for August is the lowest rate since December 2008, but job creation remains anemic, and June and July figures were revised downward by 74,000 jobs. The economy is still generating barely half the jobs necessary to return to pre-recession health.
Pessimism Creeping Into Floridians’ Consumer Confidence as Index Declines
Consumer confidence among Floridians remained in August at 77, the same as the July after that number was revised downward, the University of Florida’s Bureau of Economic and Business Research reported today. Three of the five components that make up the index declined while two increased, suggesting increased pessimism.
Firehouse Subs Marks 10 Years in Palm Coast As Community Ties Aid Longevity
Monday afternoon Palm Coast’s Firehouse Subs celebrated its tenth anniversary, $8 million in business and considerable donations to local fire houses with visits from its core constituents—firefighters—but also company CEO Don Fox, Palm Coast Mayor Jon Netts, several other city council and county commission members, and of course franchise owner David Hause and his wife Melinda.
Florida Unemployment Stuck at 7.1% For 3d Month, Flagler’s at 10.3% On Low-Pay Jobs
The national economy, Florida’s and Flagler County’s might as well be the three twins of lethargy: all three economies are mirroring each other in fitful but anemic activity, adding some but mostly low-paying jobs as Florida’s unemployment rate remains at 7.1 percent for the third straight month and Flagler’s continues in the low double digits, at 10.3 percent.
Unemployment Falls Slightly, Job Rolls Grow Slightly, Austerity’s Anemia Persists
There’s nothing terribly bad about the July unemployment report, released this morning. There’s nothing terribly good about it, either: the economy added just 162,000 jobs, and the 7.4 percent unemployment rate is the lowest since December 2008, but improvements are at a crawl.
