PALM COAST, FL (December 18, 2020) – Flagler County’s unemployment rate increased to 5.9% in November 2020, despite minimal job growth in the region, according to the Florida Department of Economic Opportunity.
“Flagler County did see minimal growth in the number of residents finding employment, but the workforce grew faster than the number of job opportunities, which is why our unemployment rate increased to 5.9%,” said Palm Coast-Flagler Regional Chamber President Greg Blosé.
In October 2020, Flagler County employment grew from 43,647 to 43,652 in November 2020, an increase of just five jobs. Meanwhile, the labor force grew from 46,185 in October 2020 to 43,393, an increase of 208 Flagler County residents looking for work.
Blosé continued, “Most economists expect job growth to decline nationally in the winter months, as COVID-19 continues to hamper job creators’ ability to hire. However, with the COVID-19 vaccines becoming available to residents, there is hope that job opportunities will continue to grow in 2021.”
In the past 12 months, Flagler County has lost 1,854 jobs, mostly due to the COVID-19 pandemic.
For more information, contact Greg Blosé, President and CEO of the Palm Coast-Flagler Regional Chamber, at 386-846-1864 or via email at Greg@PalmCoastFlaglerRegionalChamber.com.