Because of this resurgence, many states are pausing plans to reopen and some are reimposing restrictions. But these restrictions are not the reason the economy is slowing. They are the necessary consequence of allowing the pandemic to get out of control.
Economy
Sea Ray Boats’ Palm Coast Plant Shutting Down in Major Blow to 440 Workers
Palm Coast’s Sea Ray Boats plant, one of the top five employers in the county, with some 440 employees, is shutting down as Brunswick corp. abandons the yacht line.
Franklin D. Roosevelt’s Second Bill of Rights: For Workers
At the end of his last State of the Union message to Congress in 1944, Franklin Delano Roosevelt outlined an ambition plan for a “Second Bill of Rights” to ensure “”economic security and independence.”
Hitting New Post-Recession Low of 4.8%, Flagler’s Unemployment Now Matches Florida’s
The number of unemployed in Flagler county fell sharply in March, from 2,482 to 2,214, a drop of 268, an impressive 11 percent decline, with work activity especially pronounced in construction.
Palm Coast Data Parent Posts $10.4 Million Loss, Biggest Since 2009 as Revenue Drops
The losses bode poorly for Palm Coast Data, which at one point a decade ago was the city’s largest private employer. Its parent company’s revenue is now almost synonymous with its own, and it’s a fifth of what it was 10 years ago.
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.
Unemployment Lines: Throngs Turn Up for 220 Jobs at Red Lobster and Olive Garden
More than 1,000 applicants–about a fifth of the county’s total unemployed–were expected on Wednesday alone, the first day of hiring at the two new restaurants, in an sign of enduring economic hardship.
Census: Flagler’s Population Stalls at 91,600; 28% of Housing Units Vacant; Poverty Rising
The 2009 population figures mean that Flagler will almost certainly not cross into six-figure territory when decennial census figures are announced. Figures on housing, income, poverty and insurance were also released.
Income, Employment and Labor Data for Flagler County and Palm Coast, 2009 Census Bureau Community Survey
Detailed, charted table of the Census Bureau’s employment, income and labor data for Flagler County and Palm Coast, 2009 American Community Survey.
Population and Demographics Data for Flagler County and Palm Coast, 2009 Census Bureau Community Survey
Detailed, charted table of the Census Bureau’s population and demographics data for Flagler County and Palm Coast, 2009 American Community Survey.
Social Profile for for Flagler County and Palm Coast, 2009 Census Bureau’s Community Survey
Detailed, charted table of the Census Bureau’s social profile (marriages, divorces, origins) data for Flagler County and Palm Coast, 2009 American Community Survey.
Housing and Real Estate Data for Flagler County and Palm Coast, 2009 Census Bureau’s Community Survey
Detailed, charted table of the Census Bureau’s housing, development and real estate data for Flagler County and Palm Coast, 2009 American Community Survey.
From “Wall Street” to Sequel, a Sentimental Oliver Stone Manages a Ménage à Trois
Oliver Stone’s new “Wall Street” is worth the ride, but it’s less caffeinated than the original, and Stone gives in to sentimentalism and nostalgia where polemic serves him better.
The Live Wire, September 21: You Call This a Recovery?
False economic recovery, changing the rules of comp plan amendments, dead voters still active in Florida, how Florida wasted taxdollars in the stock-market, and more.
Job Creation Soars by 431,000, Almost All Census-Driven; Unemployment Down to 9.7%
Despite the surge in employment, signs are grim for sustained job recovery as private-sector and construction jobs lag.
Job Creation Soars by 290,000,
Unemployment at 9.9%
Job creation improved by the largest margin in four years in May, solidifying gains of 559,000 jobs in the past three months.
Legislature’s Roadkill: Raiding Trust Funds
The Florida Legislature has balanced the budget by taking money from the transportation trust fund. It’s a short-sighted solution with dire consequences, argues Mark Wilson, president of the Florida Chamber of Commerce.
At 16.6%, Flagler Unemployment Crawls Lower
While Florida’s unemployment rate continues to break post-Depression records, Flagler’s may be steadying downward.
Tea Party Circus Is In Town
I’m about to head out to Palm Coast Parkway and Old Kings Road where the tea party folks are holding their latest rally against (fill in the blanks).
Weimar Germany’s Shadow Creep on Main Street
Philip A. Farruggio argues that the United States is forgetting the lessons of 1930s Germany–and Sinclair Lewis’ prophetic warnings–at its own risk.
He Had His Moments, But…
There’s too much reaching for the old magic–which is just the problem: this lunge for “magic,” this desire to make the impossible real, when it should be the other way around.
Barack Obama: State of the Union Address, January 28, 2010
“We don’t quit. I don’t quit. Let’s seize this moment — to start anew, to carry the dream forward, and to strengthen our union once more,” Obama concluded in his first State of the Union speech.
16.9% Unemployment in Flagler, 11.6% in Fla.
One in six working-age adult is out of work in Flagler County, the highest proportion in the county’s history.
My Ten Predictions for 2010
“All prophesies are wrong, therefore this one will be wrong,” Orwell said. So here are mine for the coming year of our blogs, 2010.
Disney’s Monorail System Goes Off Course
An accident, a death, 300 stranded passengers: Disney’s monorail system is in disarray. 911 calls included.