Local Economy Remains Strong as Summer Hiring Season Begins
Flagler County’s unemployment rate increased slightly to 3.3%, according to the May 2023 data release from the Florida Department of Economic Opportunity, up from 2.9% in April 2023.
“The latest unemployment report for Flagler County shows our local economy remains strong,” said Greg Blosé, President & CEO, Palm Coast-Flagler Regional Chamber of Commerce. “An unemployment rate at 3% is considered ‘full employment.’ With the summer hiring season upon us, we expect local job growth to remain steady in the short term.”
The number of Flagler County residents that are employed (either working in this county or another county) decreased from 50,583 in April 2023 to 50,542 in May 2023, a decrease of 41 residents.
The number of unemployed job-seeking residents in Flagler County increased, measuring 1,740 in May 2023, up from 1,487 in April 2023, an increase of 253 residents from last month’s report.
The Flagler County labor force grew slightly month-over-month, with 52,282 in May 2023, an increase of 212 residents.