Flagler County’s unemployment rate in October was 5.7 percent, down a statistically insignificant decimal point from the previous month, and consumer confidence statewide again dropped in a reflection of the sharply worsening covid pandemic locally and statewide.
job creation
Coronavirus Kills Longest Economic Expansion On Record With 701,000 Job Loss in March, Much Worse to Come
The longest economic expansion on record, a 113-month streak that netted 22 million jobs between October 2010 and February 2020, is over. The economy shed 701,000 jobs in March and the number of unemployed persons grew by 1.4 million.
Economy Adds 130,000 Jobs, Extending Streak to 107 Months, Keeping Unemployment at 3.7%
Job growth has averaged 158,000 a month this year, below the average monthly gain of 223,000 in 2018. August’s employment gain was helped by the federal government’s hiring of 25,000 temporary census workers in preparation for the 2020 census.
3.5% Unemployment Rate Is Lowest Since 1969 as Economy Adds 263,000 Jobs
Wages again increased by 6 cents. Over the year, average hourly earnings have increased by 3.2 percent, well exceeding the 1.6 percent rate of inflation, which means that the difference lifts the net standard of living.
Palm Coast Approves Incentives for Mail-Order Firm to Merge California Operation Locally
CP Performance has been operating off Hargrove Grade and from near Santa Rosa, Calif., but will merge its operations at its Palm Coast facility, enlarging it and adding 20 jobs over the next five years.
Unemployment Rate At 3.7% Approaching 50-Year Low as Economy Adds 250,000 Jobs
It is the longest uninterrupted expansion since before the Great Depression. The average monthly gain this year has been just over 210,000 jobs, equal the average monthly gains of the last two Obama years.
Flagler Unemployment Settles Below 4% in Echo of Pre-Recession Vigor, Labor Force at New High
The Flagler labor force hit a new high of 47,204, up 600 compared to a year ago. Of those, 45,423 residents are holding jobs either in the county or out of the county.
Flagler and Florida Unemployment in Holding Pattern For Seventh Month In a Row
Flagler’s unemployment rate is at a healthy 4.1 percent, where it’s been, give or take a few decimal points, for seven months, with the state’s unemployment mirroring the holding pattern.
Flagler County’s Employment Grows by 1,500 Over a Year of Steady Growth
Flagler County’s unemployment rate in December fell to 4 percent, down from a revised 4.3 percent, and was down a healthy 1.4 points for the year.
Flagler’s 4.2% Unemployment and Steady Housing Numbers Point to a Healthy Year
Flagler County and Florida are ending the year on an economic high note, with unemployment in the county at 4.2 percent, down from 5.6 percent a year ago.
Florida Adds 125,000 Jobs, Dropping Unemployment to 3.6%, Flagler’s at 3.8%
In essence, the state saw little negative effect from Hurricane Irma despite its severity and the disruptions it spread over Florida.
Flagler’s Unemployment Rate Falls To 3.9%, A 10-Year Low, Even As Hurricane Whacks State’s Jobs Figures
Flagler’s sharp drop is even more remarkable for taking place during a month that saw Hurricane Irma cut across the region, severing power, work schedules and routines for almost 10 days.
Irma Snaps Record 83 Straight Months of Job Gains as Employment Falls By 33,000
Nevertheless the unemployment rate fell to 4.2 percent, a rate not seen since February 2001–lower than the lowest rate reached before the Great Recession.
Unemployment Ticks Up to 4.4% as Job Creation Slows to 156,000 and Wages Lag
Where it matters most, in wages, workers are not seeing improvements even as the economy recorded its 83rd straight month of job growth. Corporate profits remain healthy.
Flagler Unemployment Steady at 4.8%, Florida Adds 32,000 Jobs As Labor Force Grows
Compared to June, Flagler’s labor force didn’t budge, nor did the number of people with jobs, nor did the number of unemployed persons.
Economy Adds 209,000 Jobs in 82nd Straight Month of Growth, Unemployment at 4.3%
The unemployment rate was last this low in 2001, at the end of the Clinton boom, though wages have only recently started to improve at a pace ahead of inflation.
CareerSource Flagler Volusia, Which Helps Unemployed, Will Lose 10% of Its Workforce
A $1 million cut to CareerSource’s budget is due to lower unemployment, but an agency official notes that underemployment remains a steep challenge, and further cuts may be on the way.
Unemployment Spikes to 6% in Flagler, Highest in 15 Months, But Labor Force Also Grows
While Flagler County’s number of unemployed grew by 11 percent month-over-month, the county also saw a very large increase of 600 people in its workforce, pointing to optimism about the county’s climate.
Economy Adds 178,000 Jobs in November, 4.6% Unemployment at Lowest Level in 9 Years
It’s the longest job-creation streak in the nation’s history, but wages dropped in October by 0.1 percent and the decline in the unemployment rate was due more to a decline in the labor force than because of job creation.
Flagler Job Holders and Workforce Surge By 400 in September as Unemployment Flattens
This is one of those unemployment report where the uptick in the unemployment rate is almost meaningless, compared to other numbers, at least as far as Flagler County’s economy is concerned.
Economy Adds 215,000 Jobs But Unemployment Rises to 5% As Workers Flood Back
The more accurate, so-called U-6 unemployment rate, which includes part-time and discouraged workers, places unemployment and underemployment at 9.8 percent, and 11.5 percent in Florida.
Economy Adds 215,000 Jobs, Keeping Unemployment Rate at 5.3%, But Wages Lag
The national economy added 215,000 jobs in July and has averaged 235,000 new jobs each of the last three months, while the unemployment rate held steady at 5.3 percent for the second month, the Labor Department announced Friday morning.
Service Specter: Rick Scott’s Job-Growth Puffery Masks Florida’s Low-Wage Future
About two of three of those new jobs is a low-paying service-sector one, mirroring years of Florida job growth in low-pay, no-benefits, dead-end jobs in Team Scott’s tourism-driven economy.
Florida Loses 47,000 Jobs, Flagler 190, But Shrinking Labor Force Lowers Unemployment
Florida’s labor force shrank by a significant 79,000 and Flagler’s by 325, bringing down their unemployment rates to 5.5 and 6.3 percent respectively.
Another Strong Growth Month Adds 223,000 Jobs, Lowering Unemployment to 5.3%
For all the economy’s overall improvements, when it comes to the majority of workers, there are no improvements where it matters: in families’ standards of living.
Economy Surges With 280,000 Jobs, But Unemployment Remains at 5.5%
The new jobs bring the total to 12.6 million private-sector jobs created over the last 63 months, one of the better performances of extended growth since World War II.
Flagler Unemployment, Down to 6.1%, Continues Sharp Recovery Over Last 12 Months
There were in fact 87 fewer Flagler residents with jobs in April than in March, though the number of Flagler residents on the unemployment rolls also declined, by 219, to 2,616.
Another Strong Month Adds 295,000 Jobs to Economy, Lowering Unemployment to 5.5%
Wages continue to sag, growing by just 3 cents over the month, and just 2 percent over the past year, not enough to overcome inflation, let alone give workers a sense that they’re getting ahead.
Unemployment in Flagler Falls to 8.1%, But Labor Force and Employment Rolls Shrink
Flagler County’s unemployment rate continued to improve in November, falling to 8.2 percent, the fourth successive monthly improvement and the lowest rate since the Great Recession as Florida’s rate, too, fell in November, matching the national rate of 5.8 percent.
Job Creation Surges to 321,000 as Year’s Totals Approach Best Showing Since 1999
The national economy added 321,000 in October, the best showing since February 2012, when it added 332,000 jobs, and job-creation figures for September and October were revised upward, adding 44,000 jobs to the tally, for a total of 835,000 in the last three months. But the unemployment rate, calculated from a different survey, held at last month’s 5.8 percent.
Tepid Jobs Report Leaves Unemployment at 6.1% With Lowest Job Creation Since January
The economy created just 142,000 jobs in August, the Labor Department reported this morning, the lowest total since January, when 129,000 jobs were created. The unemployment rate dropped by just a decimal point, to 6.1 percent.
Economy Adds 209,000 Jobs But Unemployment Rate Ticks Up to 6.2%
Mediocre: it’s the The best that can be said about the unemployment report for July as the economy added 209,000 jobs, about 20,000 jobs short of expectations, and the unemployment rate edged up to 6.2 percent, from 6.1 percent the previous month.
Flagler Unemployment Ticks Up For 2nd Straight Month, Masking Vast Improvements
Despite traditional unemployment figures, the jobs situation in Flagler County is vastly improved, and continues to improve, with a 38 percent drop in people without jobs since four years ago and a labor force stronger by 3,000.
288,000 New Jobs in June Add Up to 2.5 Million This Year, Most in Eight Years
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.
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.
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.
Job Creation Exceeds 200,000 For 4th Straight Month Despite Slowdown in Economic Growth
Despite a first-quarter decline of 1 percent in economic growth, the economy added 217,000 jobs in May for a total of 1.05 million jobs so far this year, a robust, sustained growth not seen since the end of the Great Recession.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Despite Adding 600,000 Jobs in 3 Months, U.S. Unemployment Remains at 7.6%
The U.S. economy added 195,000 jobs in June, and revised numbers increased April’s and May’s totals by 70,000 for a combined three-month job creation of nearly 600,000 jobs, but the unemployment rate remained at 7.6 percent, only 0.6 percent lower than it was a year ago.