Florida’s unemployment rate was unchanged in August, at 8.8 percent, as the state added just 23,200 jobs–for a total of just 77,800 in the past 12 months–while Flagler County’s rate dipped to 12.4 percent. Flagler’s rate has been in the 12 percent range since February.
economic development
Palm Coast Data’s Latest Revenue Down 18.6% Over the Year But Ticks Up in 2012
Palm Coast Data revenue fell to $13.6 million in the quarter ending July 31, compared to $16.5 million a year ago, and $32 million in 2008. Parent-company Amrep Corp. posted its 12th loss of the last 16 quarters.
No Bounce: Economy Adds Only 96,000 Jobs in August as Unemployment Drops to 8.1%
The national economy added a meager 96,000 jobs in August, and the previous two months’ total was revised downward by 41,000 jobs. Nevertheless the unemployment rate edged down to 8.1 percent, from 8.3 percent, as the employment picture continues to zigzag between hope and anemia.
Greg Rawls, Long-Time Face of Economic Development in Flagler, Opts For a New Tribe
Greg Rawls had been Enterprise Flagler’s executive director since 2007 before Palm Coast and Flagler County killed that economic development partnership, and Flagler formed its own, where Rawls worked as a manager. He’ll be working for Creek Indian Enterprises in Alabama.
Unemployment Rises Again, to 8.8% in Florida And 12.7% in Flagler, Clouding Recovery
After falling steadily by 2.1 percentage points over the past year and holding steady at 8.6 percent in June, Florida’s unemployment rate ticked back up to 8.8 percent in July, and there was a net job loss of 3,300 in the state.
Palm Coast Data Revenue Down Another 20% in Latest Quarter as Parent Company Posts Loss
Palm Coast Data’s entire revenue for 2012 was less than half its revenue for just two quarters barely four years ago, when it signed a job-incentive deal with Palm Coast government and the state of Florida. The promised jobs have not materialized.
Unemployment Rises Again in Flagler, To 12.3%, Stalls at 8.6% in Florida
June unemployment numbers were discouraging in Florida as well as in Flagler and Volusia counties–stalling in the state at 8.6 percent, with just 9,000 jobs created last month, while the unemployment rate jumped again in Flagler to 12.3 percent, and to 9.1 percent in Volusia.
U.S. Economy Adds Just 80,000 Jobs In June as Unemployment Stagnates at 8.2%
The national economy added percent for the third most 80,000 jobs in June, keeping the unemployment rate stuck at 8.2 percent for the third month in a row.
Florida and Flagler Back to Anemic Job Growth as Unemployment Stalls, Reflecting U.S. Trend
Florida added just 5,300 jobs in April, and the state unemployment rate would have risen back sharply had the labor department not revised its April figures to show a much higher unemployment rate than it announced last month.
Despite Warnings of Corruption, Palm Coast Council Approves Meeker’s Job “Posse” Scheme
In a victory for Frank Meeker, the city will pay job “recruiters” $1,000 for being instrumental in expanding or relocating out-of-county business to Palm Coast, but many of the defining criteria remain vague and fraught with what the city terms unintended consequences.