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.
For the first time since June 2008–almost five years–Flagler County’s unemployment has fallen back to single digits, registering 9.5 percent in March as the local economy continued to mirror the state’s and the nation’s, improving slowly but steadily.
Flagler County’s unemployment rate fell sharply in February, to 10.3 percent–from 11 percent the previous month–and matched its lowest level since August 2008. Florida’s unemployment rate also continued to fall, matching the national rate, at 7.7 percent, in February while adding 7,800 jobs. Flagler continues to rank among the counties with the highest unemployment rate, […]
Brace yourselves: in 2009, no fewer than 2,362 millionaires got unemployment benefits. The year before, 2,840 did, raising questions about whether unemployment insurance should be means-tested. Five such proposals are pending in Congress.
Defying expectations, the national economy added 117,000 jobs in July. Figures for May and June were revised upward to add 56,000 jobs to those two months’ totals, and the overall unemployment rate fell back to 9.1 percent, from 9.2.
More bad news for the Obama administration as job creation in June fell to a statistically insignificant 18,000 and the unemployment rate rose again, raising fears of another recession ahead.
The economy added just 54,000 jobs in May and totals for the two previous months were revised downward by 39,000 in the latest sign that the economic outlook is worsening again.
The 244,000 net new jobs defied economists’ expectations of a much weaker April, but the unemployment rate, obtained from a separate survey, rose for the first time in five months.
The unemployment rate locally and statewide appears to be trending downward consistently and finally following the national trend, which has been improving for most of the past year.
March unemployment: Almost 1 million net new jobs have been created since October 2010, most of them powered by the private sector, as the economy continues to improve.