The unemployment crisis in the Daytona Beach area has worsened according to the latest numbers from the Florida Agency for Workforce Innovation.

Today, the Daytona Beach News Journal reported that this was the worst unemployment situation since the recession of 1992 (See Local workers losing jobs, Unemployment worst since 1992).
The July figures continue a trend of negative year-over-year job growth that has battered the business climate of the city. More than 21,000 area residents are unemployed according to the state report issued Friday.

The economic depression of the Daytona Beach area is palpable anywhere you go, and while political supporters have reaped huge benefits in selling overvalued assets to the City (See City of Daytona Beach buys 20-foot strip of land from campaign financer for $320,955 )  the population has suffered. Even the city's own elected Commissioners have personally benefited over the largesse. Take for example Commissioner Rick Shiver's sale of his personal residence to the City for over twice its just value, which his fellow Commissioners supported unanimously.

The City demolished the home soon after amid complaints for an investigation. Despite formal criminal complaints filed by a local resident, State Attorney John Tanner has not yet announced an investigation into the matter...

Read the rest of The Daytona Post Article: Daytona Beach Job Woes Worsen