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.
economic development
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.
Lawmakers File Bill to Prohibit Red-Light Cameras in Florida as Palm Coast Snaps On
GOP Sen. Jeff Brandes blames red-light cameras “as backdoor tax increases,” but the Palm Coast City Council Tuesday reasserted its commitment to its 43 cameras even as they siphon out more than $3 million a year from the local economy–in taxes to state government, and in revenue to ATS, the Arizona-based company that runs the system.
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.
We’re the Most Educated Young Adults in American History, Yet Many of Us Can’t Find Work
What happens when we can’t find work and can’t pay our loans, asks Colleen Teubner. We invest about four years of our lives and up to hundreds of thousands of dollars in our education, and then spend the next decade trying to get out of ever-increasing debt.
Again in Flagler, Gov. Scott Headlines Aveo Co.’s 300-Jobs Groundbreaking at Airport
If the 300 promised jobs are produced, landing Aveo Engineering in Flagler County will prove to be the largest single gain of private-employer jobs in memory, and an unqualified success for the county administration’s new economic development department under Helga van Eckert. But the company is getting generous incentives beyond the $150,000 in cash for jobs retained.
Nielsen’s Aveo Engineering Taxies to Take Off at Flagler Airport in County’s Latest Jobs Coup
It’s been billed as a secret, jobs-producing company the county administration’s economic development team will unveil at the Flagler County Airport Tuesday morning, but there’s little secret about it: Aveo Engineering, a maker of LED light products in the aeronautic industry, is bringing some 300 jobs to the airport.