The March 2011 unemployment rate, according to the Center for Business Excellence, was 14.5% in Flagler County, which is 0.4% lower than it was in February. A year ago, in March 2010, it was 15.3%.
The rate was 10.9%, in April, in Volusia County.
The combined unemployment rate in the Center for Business Excellence region of Flagler and Volusia counties was 11.3% in March 2011 — 0.8% lower than the region’s year-ago rate.
The state unemployment rate was 0.7% lower than the region, at 10.6%. Out of a labor force of 287,810, there were 32,551 unemployed residents in the region.
Palm Coast metro area
• Nonagricultural employment in the Palm Coast metro area (Flagler County) was 18,000 in March 2011. Total nonagricultural employment decreased by 1.1% (-200 jobs) over the year. Statewide, employment increased by 0.6% over the same time period.
• Professional and business services, education and health services, and leisure and hospitality (+100 jobs each) were the only major sectors that gained jobs over the year.
• Manufacturing, trade, transportation, and utilities, financial activities, and other services remained unchanged over the year.
• Government (-300 jobs) mining, logging, and construction, and information (-100 jobs each) lost jobs over the year in the region.
• Professional and business services (+5.6%), education and health services and leisure and hospitality (+4.2% each) grew faster in the Palm Coast metro area than in the state.
State and Nation
• Florida’s March 2011 unemployment rate of 11.1 percent is higher than the March national rate of 8.8% by 2.3%.
• Florida’s unemployment rate has been higher than the national rate since February 2008. Prior to 2008, the last time Florida’s rate was higher than the nation’s was in March 2002 (Florida was 5.9%, United States was 5.7%).
• Florida’s March 2011 annual rate of job growth is +0.7%, which is 0.3% lower than the national job growth rate (+1.0%).