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Volusia County’s job market continued to show some strength in August with the unemployment rate edging down and the number of jobs edging up.
The state labor agency reported Volusia County’s unemployment rate was 5.2% in August with 13,960 workers unemployed out of a labor force of 267,024, down from 5.3% with 14,227 unemployed out of a labor force of 266,441, but up from 4.9% with 12,953 unemployed out of a labor force of 265,910. The report is based on a household survey and other factors.
The agency reported the Volusia-Flagler area had 230,600 non-agricultural jobs in August, up 800 from July and up 2,000 from
The job growth is helping overcome higher prices, especially at the pump and in the grocery aisles. With the
Fortunately, Volusia has a leg up. As the baby boom retirement surge continues, the economy doesn’t have to produce a lot of new jobs since there are plenty of replacement ones left vacant by retirees. As a place that attracts a lot of retirees, Volusia gets a double boost.
*** A small update on the Aunt Catfish news: The new owner of Aunt Catfish’s on the River in Port Orange,
In other commercial real estate news, land for a new AutoZone at
*** Some notable business developments include remodeling starting for Las Olas Confections & Snacks, which now owns Zeno’s taffy, to put a manufacturing plant at
Signs are finally going up to rename Synovus Banks at
Also, Hold-Thyssen, a commercial property firm based in
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