Palm Coast unemployment: 14.7%

Palm Coast Observer
News

PALM COAST — Unemployment remained at 14.7% for July 2010, the same as last month’s figures, according to the numbers released Aug. 19 by the Florida Agency for Workforce Innovation.

Flagler County’s unemployment rate also remained status quo, at 14.7%.

Palm Coast remains the leader in metropolitan statistical areas in the state with its jobless rate; Flagler County has the second-highest rate out of the 67 counties. Hendry County has an 18.8% rate.

Flagler County has an estimated workforce of 32,668 with about 27,867 employed.

Government (-300 jobs), information (-200 jobs), mining, logging, and construction (-100 jobs), and professional and business services (-100 jobs) lost jobs over the year in Palm Coast, according to the report.

Florida’s seasonally adjusted unemployment rate in July 2011 is 10.7%. This represents 987,000 jobless out of a labor force of 9,220,000. The state’s unemployment rate is unchanged from the revised June 2011 rate of 10.7%, but is 0.8% lower than the year ago rate of 11.5%. The U.S. unemployment rate is 9.1% in July.

For previous unemployment reports, click here.