Flagler County’s unemployment rate declined for the first time in five months to 3.9%, according to the October 2023 data release from Florida Commerce. Flagler’s unemployment rate reached 4% in September 2023.
“Flagler County’s unemployment rate finally stopped it’s five-month-long increase by declining to 3.9% last month,” said Greg Blosé, President & CEO, Palm Coast-Flagler Regional Chamber of Commerce. “In April 2023, Flagler County’s unemployment rate was 2.9%. Unemployment continued to rise, reaching 4%, until this month’s report.”
Blosé continued, “Residents should know our local economy is healthy and that maintaining an ultra-low 2.9% unemployment rate is unrealistic for our region. Flagler County’s economy usually cools down after tourism-based hiring slows at the conclusion of summer.”
The number of Flagler County residents that are employed (either working in this county or another county) decreased from 51,315 in September 2023 to 51,058 in October 2023, a decrease of 257 residents.
The number of unemployed job-seeking residents in Flagler County measured at 2,092 in October 2023, down from 2,124 in September 2023, a decrease of 32 residents from last month’s report.
The Flagler County labor force is reported at 53,150 residents.