Make us your home page

Florida's Palm Coast has nation's biggest unemployment jump

Once more, unfortunately, a Florida metro area is a standout in a recession-oriented ranking.

Palm Coast, the Atlantic coast community just north of Daytona Beach, has tied with Muskegon-Norton Shores, Mich., as the metro area posting the largest year-to-year increase in unemployment in the country.

Both metro areas have seen unemployment rates jump 5.7 percentage points between November 2008 and November 2009, according to government data released Tuesday. (That beat out Detroit and Rockford, Ill., which each posted 5.6 percentage point jumps).

Palm Coast, with an unemployment rate of 16.8 percent, is the largest city in Flagler County, which has the highest unemployment rate among any Florida county (also 16.8 percent). A 10-year-old community, Palm Coast heavily rode the housing boom flooded by New York and New Jersey retirees and is now harshly suffering the bust.

According to the Bureau of Labor Statistics analysis, a year ago only 21 of the country's 372 metro areas had an unemployment rate of at least 10 percent. As of November, 125 metro areas were in the double digits.

Staying atop the list as worst in the country was El Centro, Calif., the Mexican border town with a jobless rate of 29.2 percent. Enjoying the lowest unemployment rate nationally is Bismarck, N.D., at 3.4 percent.

Among 17 metro regions with jobless rates of at least 15 percent, 11 were in California and three in Michigan.

The Tampa Bay metro area's unemployment rate is currently 12.3 percent, outpacing Florida's rate of 11.5 percent.

Florida's Palm Coast has nation's biggest unemployment jump 01/05/10 [Last modified: Tuesday, January 5, 2010 2:33pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Powerball jackpot climbs to $510 million, 8th largest


    DES MOINES, Iowa — The Powerball jackpot has climbed to an estimated $510 million, making it one of the largest in U.S. history.

    A store clerk pulls a Powerball ticket from the printer for a customer, Tuesday, in Hialeah, Fla. The Powerball jackpot has has rolled 18 times, since the June 14, drawing, resulting in an estimated $510 million for Wednesday night's drawing. [Associated Press]
  2. Security threat leads Florida to cancel prison visitation


    TALLAHASSEE — Visitation to all Florida state prisons has been canceled this weekend after evidence surfaced that inmates are planning possible uprisings to coincide with Saturday's march for prisoners' human rights in Washington, D.C.

  3. St. Pete Sculpture Museum announces move to Central Avenue

    Visual Arts

    Another museum is joining the mix in St. Petersburg's downtown Central Arts District.

    Sculptor Jon Hair with his 26-foot lion sculpture. Hair's St. Pete Sculpture Museum will soon move to a prominent spot on Central Avenue, Hair said. [Courtesy of Jon Hair]
  4. Why are so few Tampa Bay houses for sale? They're being rented

    Real Estate

    Oreste Mesa Jr. owns a modest 40-year-old house in West Tampa just off MacDill Avenue. It's an area where many homeowners are hearing the siren song of builders and cashing out while the market is strong.

    Attorney David Eaton poses in front of his rental home at 899 72nd Ave. North. in St. Petersburg. He's among a growing number of property owners who see more value in renting out unused homes than selling them. 
[SCOTT KEELER   |   Times]

  5. Wanted: New businesses on Safety Harbor's Main Street

    Local Government

    SAFETY HARBOR — A green grocery store, a hardware store, restaurants, boutiques and multi-use buildings are all wanted downtown, according to discussion at a community redevelopment workshop held last week. And to bring them to the Main Street district, city commissioners, led by Mayor Joe Ayoub, gave City Manager …

    Whistle Stop Bar & Grill is one of the main stops on Main Street in Safety Harbor. [LUIS SANTANA | Times]