Flagler County's Jobless Rate Spikes to 6.1 Percent, Highest Since October 2020, and Labor Force Stalls

Flagler County's Jobless Rate Spikes to 6.1 Percent, Highest Since October 2020, and Labor Force Stalls

Flagler County’s unemployment rate surged to 6.1 percent in November, marking a five-year high as the local labor force remains stagnant. While tourism revenue shows modest growth driven by luxury vacation rentals, the housing market is signaling a significant slowdown, with the time to secure a contract reaching levels not seen since the 2012 housing recovery. Despite a slight year-end uptick in consumer sentiment, overall economic confidence a…