Palm Coast's unemployment rate is 14.0% through November 2011, making it the highest rate in the state, according to the Center For Business Excellence. In November 2010, the rate was 16.3% unemployed.
The Volusia rate was 10.3% in November 2011, down from 12.7% one year ago. Florida is 9.8%, down from 12.1%. The rate in the United States is now 8.2%, down from 9.3%.
Nonagricultural employment in the Palm Coast metro area (Flagler County) was 18,000 in November 2011. Total nonagricultural employment decreased by 1.1% (-200 jobs) over the year. Statewide, employment increased by 1.4% over the same time period.
Government (+200 jobs) and trade, transportation, and utilities (+100 jobs) were the only major sectors that gained jobs over the year. Manufacturing, financial activities, education and health services, and leisure and hospitality remained unchanged over the year.
Information (-200 jobs) lost the most jobs over the year, followed by mining, logging, and construction, professional and business services, and other services (-100 jobs each).