Posted by
Daytona Beach Corruption Watch on Wednesday, November 05, 2008 12:00:00 AM
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