- November 27, 2024
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Flagler County's unemployment rate has increased for the fifth month in a row.
The unemployment rate rose from 3.7% in July 2023 to 3.9% in August, according to a press release from the Palm Coast-Flagler Regional Chamber of Commerce. The data comes from a report from FloridaCommerce, the press release said.
Greg Blosé, president and CEO of the Regional Chamber of Commerce, said 3.9% is the highest unemployment rate the county has seen since January 2022, and is 1.2% higher than the state's rate.
The county's workforce is increasing and outpacing local hiring, Blosé said: The number of unemployed job-seeking residents in Flagler County has increased to 2,121 in August, up from 1,977 in July.
“As population continues to grow, we will experience an increase in the labor force and see more people standing in the unemployment line as they search for jobs after relocating here," Blosé said.
In August, 375 residents found employment, but the workforce also grew by 519 in the same month, according to the press release. Flagler County's labor force is now nearly 54,000 residents strong, Blosé said.
